Looking beyond financial costs in local authority decision-making

Ellie Jenkins, Partner at Akerlof, and Value Toolkit Steering Group member, wants more local authorities to adopt value-based decision-making.

Akerlof has been involved in the Value Toolkit since the first days of its development as we view it as fundamental to driving towards the construction sector that we want to see.

On trial projects we have seen the enormous value it provides in helping clients to define and describe the social, environmental and economic outcomes they want to realise, this in turn enables clear market engagement and a structure for options comparison.

The most common misconception is that the Value Toolkit is complex to embed, it is structured and requires capable facilitation, but it isn’t overly complex and will deliver better outcomes.