Effective governance and accountability is a mainstay for successful contract management
Published on:Public bodies should demonstrate robust, independent oversight of both their contractual arrangements and overall commercial portfolios
Showing 1 - 6 of 6 results
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Commercial strategy needs to be joined up to achieve best value
Published on:Last December, the government published a Green Paper on Transforming Public Procurement. It stressed that investments should be subject to consideration of the public good, including supporting national priorities. It discussed leveraging commercial activity to achieve social and environmental value. For our good practice guidance for managing the commercial lifecycle, we examined similar opportunities and […]
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Capability is for contract life, not just for procurement
Published on:The NAO’s work includes looking at a huge range of government activities, and the setting up and managing of commercial arrangements are central to many of them. This became very clear when looking back at twenty years of our work auditing government’s spending and reporting on its value for money for taxpayers. Over this time, […]
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Data is not just about numbers but opportunities
Published on:The first in a series of blogs looking at the Commercial Lifecycle covers data.
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Supporting better value in public procurement
Published on:The NAO’s good practice guide for managing the commercial lifecycle The government’s response to the COVID-19 global pandemic has drawn renewed, and possibly unprecedented, attention to public procurement and commercial practice in government. Our aim at the NAO is to provide an independent and evidence-based perspective, on how public authorities can achieve better outcomes and value […]
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Contract management – challenges and consequences
Published on:Establishing solid foundations early in the contract and commercial relationship lifecycle is critical for contracts to work. But this process starts long before contracts are signed. Two recent NAO reports provide insights into the importance of getting both the procurement strategy and process right. Experience has shown that not doing so can result in millions […]