Award Category

Contract & Commercial Initiative Award

Recognising innovative commercial and contract management approaches that have delivered measurable value, stronger relationships and better outcomes.

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AWARD OVERVIEW

This award recognises an innovative approach to commercial strategy, contract design or contract management that has delivered measurable improvements in value for money, risk management or supplier relationships. The judges are looking for commercial thinking that goes beyond standard templates and risk aversionapproaches that demonstrate genuine creativity and judgment, a willingness to challenge convention, and outcomes that justify the approach taken.

Eligibility: Open to public sector organisations

Qualifying period: January 2025 to March 2026

ENTRY QUESTIONS
1

What was the strategic context or challenge that drove this initiative or achievement?

2

How did you engage stakeholders and build the capability needed to deliver?

3

What measurable outcomes has this work delivered, and how do they demonstrate value for money and public benefit?

4

How have you embedded learning and shared your achievements more widely?

5

What specific commercial innovations, risk-sharing mechanisms or contract management improvements did you introduce, and what measurable impact did they have on value for money or outcomes?

6

How did you ensure the commercial model was appropriate for the level of risk involved, and what mechanisms did you put in place to protect the public interest throughout the contract lifecycle?

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