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Principles met

  • Enterprise and social economy

    We will promote community-based approaches to economic development that focus on supporting the creation of jobs, social enterprises and other businesses and providing an environment for co-operative and mutual enterprises to thrive.

  • Maximising social value

    We will support the development of a framework and criteria for social value, giving substance to the concept and supporting Councils with the tools to ensure better local social and economic outcomes.

South Tyneside Council spends £207m every year with over 3,000 suppliers who help the council to provide a wide range of key services.

One of the ways the council is working to ensure best value for money is through the Supplier Incentive Programme – an early payment scheme. The initiative provides mutual benefits for both the council and businesses, with suppliers having their invoices fast-tracked in exchange for a small rebate.

The Supplier Incentive Programme forms part of the council’s Procurement Strategy, which aims to ensure its spending on goods and services gives value for money for Borough residents through efficient and effective buying practices.

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