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Ministry of Defence: Major Projects Report 1999

Sir John Bourn, head of the National Audit Office, told Parliament today that the top 25 Ministry of Defence equipment projects were, at 31 March 1999, forecast to cost £2.7 billion more than originally estimated. Including beneficial revised costings for the Eurofighter programme, cost overruns have reduced from the £2.9 billion reported in 1998. The … Read more

The Refinancing of the Fazakerley PFI Prison Contract

Sir John Bourn, head of the National Audit Office (NAO), told Parliament today that the Prison Service had secured £1 million of the expected £10.7 million increase in returns to shareholders of Fazakerley Prison Services Limited, following the refinancing of the Fazakerley prison contract let under the Private Finance Initiative (PFI). Further refinancings of PFI … Read more

Maintaining the Royal Palaces

Sir John Bourn, head of the National Audit Office, reported to Parliament today that new arrangements giving the National Audit Office direct access to the accounts and records of the Royal Household have worked well. This first examination found that good value for money had been achieved from the £7.2 million a year the Royal … Read more

Charitable Funds Associated with NHS Bodies

Sir John Bourn, head of the National Audit Office, told Parliament today that trustee bodies administering charitable funds associated with the NHS have made substantial progress in adopting high standards of corporate governance and have adequate controls in place to ensure that business is properly conducted. Sir John concludes that the current arrangements for supervision … Read more

The Gaming Board: Better Regulation

Sir John Bourn, head of the National Audit Office, reported to Parliament today that the Gaming Board could benefit both taxpayers and the gaming industry by making further improvements to its regulatory work. The NAO looked at whether the Board could improve its performance by: removing unnecessary regulation and relying more on the regulatory and … Read more

Kosovo: The Financial Management of Military Operations

Sir John Bourn, head of the National Audit Office, told Parliament today that the United Kingdom made a major and vital contribution to the successful NATO operation in Kosovo. And the Ministry of Defence’s financial management of their military operations in Kosovo represented a clear improvement over that achieved in Bosnia. Against the background of … Read more

National Savings: Public-Private Partnership with Siemens Business Services

Sir John Bourn, head of the National Audit Office, reported to Parliament today on the £635 million contract awarded to Siemens Business Services (SBS) to process transactions and provide a service to National Savings’ 30 million customers. The partnership forms a vital part of a programme of modernisation and transformation which aims to provide better … Read more

The Risk of Fraud in Property Management

Sir John Bourn, head of the National Audit Office, reported to Parliament today on the risk of fraud in property management in the Ministry of Defence. Property management on the Defence Estate consists of maintenance work and minor new construction work up to a value of about £300,000 for each individual job, including VAT and … Read more