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ACE News

21 JUN 2022

VALUE TOOLKIT CELEBRATES COMPLETION AS ATTENTION TURNS TO IMPLEMENTATION

Widespread adoption now needed to ensure toolkit's full transformative potential is realised

This week the Construction Innovation Hub (CIH) is celebrating the completion of the Value Toolkit.

Following the success of the development programme – which included input from over 200 industry partners, including from ACE and some of its members – the Toolkit is now moving to its adoption phase.

The tools developed will be used to embed value-based decision making in the built environment sector, ensuring whole-life considerations around Net Zero, productivity and social impact can be take into account. These are vital to realising government ambitions around the environment and levelling up.

The ambition now is to drive widespread adoption, from public sector clients and others.

Stephen Marcos Jones, ACE CEO said: “The completion of the Value Toolkit is key to unlocking our industry’s huge potential and delivering the social, environmental and economic outcomes championed by government through the Net Zero and Levelling Up agendas. It will ensure we look beyond simplistic measures to deliver the healthy, green and productive built environment we all want to see.

“ACE and its members have been strong supporters throughout its development, and we will continue to work collaboratively with all stakeholders as the Toolkit moves to its implementation phase. Now its impact has been demonstrated, we will need widespread adoption – led by public sector clients – to ensure the full transformative potential of the Toolkit is realised.”

Construction Minister Lee Rowley MP said: "It’s good to see this new initiative come to fruition after a successful pilot. The Toolkit reflects the Government’s desire to ensure we embrace a construction procurement process that has clean, green innovation at its heart."

"It complements our commitment to boost the productivity of this vital industry as part of our plans to grow the economy and create good quality jobs. I look forward to continuing to work with the Construction Leadership Council to realise this ambition.”

Keith Waller, Programme Director at the Construction Innovation Hub, said: "This is a landmark moment for the Hub and our industry partners, and a gamechanger for construction and the built environment."

"Decision making in construction has been historically driven by how much something cost, or how long it took to build. The Toolkit delivers a laser-like focus on project outcomes that delivers value beyond the bottom line, and positively affect communities and those who live in them for decades to come. It will ensure a more collaborative relationship between clients and suppliers throughout the whole life of a project”.

Read more about the Value Toolkit, and ACE's involvement, on our website.

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