| Abstract: | Whether government purchases of public services is worth？It draws great attention from the public, but the objective method has not been found to respond to this issue. Concerning the value measurement in government purchases of social service projects, this paper examines the applicability of the existing evaluation methods, reconstructs evaluation models based on the Social Return of Investment (SROI) analysis model, and makes a preliminary study of one case. The study found that SROI not only can fully describe all the stakeholders’ input, output and outcome in the project, but can quantify the cost, effect and a return on investment, which checked whether services have created a default value of efficiency, quality, effect and fairness. However, SROI still faces restrictions on calculating cost and effect, collecting assessment data and effect pricing of stakeholders. Consequently, this paper suggests to establish evaluation criterion of project value, to build information platform of public service evaluation, and to develop relevant analysis tools, thus we can construct value measurement framework of government purchases of social service projects. |
