Peabody to apply 20% social value weighting to contract bids

Peabody will now apply a 20% social value weighting to its scoring criteria when awarding contracts to suppliers following a successful trial .
The housing giant – which hands out £1bn in contracts annually – cited a series of pioneering initiatives with construction companies during the trial which saw the social value weighting increased from the previous 2-7%.
These included a 10-year contract with VINCI Facilities which has seen more than 20,000 books sent to families in Ha