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The charter was officially unveiled during the Voluntary Sector Conference in the Hayward Suite at Molineux Stadium.
It establishes 5 core principles to underpin the commissioning and procurement activities of key partners in the city.
- develop and grow a skilled workforce
- encourage healthy lifestyles and independence
- support more people to be active within their communities
- support business to develop and grow
- support the reduction to the carbon footprint and eliminate unnecessary waste
The council, Royal Wolverhampton NHS Trust, City of Wolverhampton University, City of Wolverhampton College, Wolverhampton Voluntary Sector Council (WVSC), and Economic Growth Board, which is made up of the city's key public sector organisations and leading business representatives, have all signed the charter.
Key measures, set out in the charter, will be used annually by the City Board to monitor progress.
Councillor Roger Lawrence, City of Wolverhampton Council Leader, said: "The launch of the City of Wolverhampton Charter sees partners in the city coming together to make sure every pound of spend has the maximum positive impact on our city residents and businesses.
"The charter leads the way in ensuring public and private expenditure supports local people into employment, helps our local community and voluntary groups to thrive, invests in the health of the local community and protects our local environment.
"At the same time it will work to ensure we support our local businesses to develop and grow through our commissioning and procurement processes.
"As Leader of the council and a signatory to the charter I will be championing it to ensure it is put into action and all of the benefits it can offer are realised."
Ian Darch, Chief Executive at Wolverhampton Voluntary Sector Council and Chair of the City's Inclusion Board, added: "The Charter and Commissioning Cycle demonstrate the commitment of the major public sector agencies and larger businesses in Wolverhampton to support local suppliers of goods and services.
"This marks a step change in the way in which Wolverhampton uses its buying power to maximise the impact of every pound spent in the city.
"As part of this the city council and WVSC will be working together over the coming months to ensure that local voluntary and community groups are as well placed as possible to play a full role in the commissioning cycle, including bidding to deliver services for local people."
- released: Monday 14 March, 2016