Akerlof, Kier, Pagabo, Rider Levett Bucknall and Social Profit Calculator - MMC Social Profit Calculator
Project - MMC Social Profit Calculator
Sector - Commerical
Company - Akerlof, Kier, Pagabo, Rider Levett Bucknall and Social Profit Calculator
MMC Social Value Calculator brings together key industry partners to unlock significant value to the offsite industry and broader society. Working in collaboration, Akerlof, Kier, Pagabo, Rider Levett Bucknall and the Social Profit Calculator have developed a tool that enables the assessment and visualisation of social value to identify the holistic impact of construction, not just on site, but also at manufacturing locations through the supply chain.
To date, the ability to import holistic economic considerations into a 'Procuring for Value' agenda at a project level has been challenging. The MMC calculator looks to addresses this hurdle. Underpinned by industry and Office of National Statistics data, it enables the evaluation of MMC options on a broader basis than direct capital cost; quantifying the benefit of the social value investment and productivity-enhancing potential.
This digital solution encourages the adoption of offsite manufacture and modern methods in supporting a regionally-balanced industry that delivers a fairer, better, more sustainable society.