Table of Contents
Sustainability, Volume 11, Issue 15 (August-1 2019)
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Cover Story (view full-size image) Current legislation allows for the inclusion of social issues in contracting processes, which [...] Read more. Current legislation allows for the inclusion of social issues in contracting processes, which account for 20% of Spanish GDP. This study defines the procedures for socially efficient public procurement. The Delphi technique was used, with online surveys being completed by 71 experts representing the business sector, academia, and public administrations, and results confirm the existence of a rising consensus to include social value in public tenders. Theoretical implications correspond to a perspective change, and a price-based bidding model was substituted with a public procurement system, where the efficiency of the outputs in relation to inputs is considered the main goal. Our findings suggest the need to develop an objective social accounting system, capable of calculating—in a standard and predictable way—the social value generated to the various interest groups and society in general. View this paper