Early contracts for renewable electricity
Published on:The Government awarded, without competition, £16.6 billion worth of early contracts to eight renewable generation projects at risk of investment delay.
Search results for 'Commercial and financial management'
Showing 281 - 300 of 653 results
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HM Revenue and Customs: Progress on reducing costs
Published on:In 2011-12 HMRC maintained its performance while reducing staff and spending but it is too early to tell what the long-term impact of cost reduction will be.
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Evaluation in Government
Published on:Treasury expects all departments to evaluate the ex post impacts and costs of all their interventions, including spending, taxation and regulation. This activity should provide valuable information on the cost-effectiveness of government interventions, for the purposes of accountability and to learn lessons to improve current and future policies.
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Universal Credit: progress update
Published on:The DWP has reset Universal Credit on a sounder basis but at significant cost, by extending the time for implementation and choosing a more expensive approach.
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Forecasting in government to achieve value for money
Published on:Inadequate forecasting is an entrenched problem for government departments, leading to poor value for money and increased costs for the taxpayer.
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Case study on integration: Measuring the costs and benefits of Whole-Place Community Budgets
Published on:By operating in a more integrated way, government could reduce inefficiencies in public services and deliver a better service to citizens. A case study on the Whole-Place Community Budget pilots points to the potential benefits on offer where public services are integrated more effectively.
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COMPASS contracts for the provision of accommodation for asylum seekers
Published on:G4S and Serco, two of the new providers awarded Home Office contracts to provide accommodation for asylum seekers in the UK, struggled to get the contracts up and running.
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The Ministry of Justice’s electronic monitoring contracts
Published on:This memorandum sets out the events surrounding the Ministry of Justice’s process to re-compete its electronic monitoring contracts and its subsequent decision to commission a forensic audit of these contracts
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Out-of-hours GP services in England
Published on:Although some areas of the NHS in England are achieving value for money for out-of-hours GP services, this is not the case across the board.
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Managing and replacing the Aspire contract
Published on:There are serious risks to HMRC’s business if the programme to replace the Aspire contract fails to meet its objectives by June 2017, when the contract ends.
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Savings from operational PFI contracts
Published on:Progress on the Government’s initiative to achieve £1.5 billion worth of savings from operational PFI contracts.
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Improving government procurement
Published on:The government’s procurement strategy has led to savings. But, a cultural shift is needed if government is to obtain all the benefits available.
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The New Homes Bonus
Published on:The NAO believes a review of the New Homes Bonus scheme is essential to ensure the Department understands the substantial financial risks to local authorities.
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Central government’s implementation of the national Compact
Published on:The Compact is a voluntary agreement that sets out shared principles for effective partnership working between the government and voluntary and civil society organisations in England.
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Equipment Plan 2013 – 2023
Published on:MOD’s procurement budget is now more stable, despite a £754m increase in the cost of the carriers, but there are still risks to the affordability of the equipment plan.
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Managing the transition to the reformed health system
Published on:Although new organisations set up as part of the reformed health system were ready to start functioning on time, the transition to the system is not yet complete.
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The creation and sale of Northern Rock plc
Published on:The Treasury’s 2009 decision to split Northern Rock in two was reasonable at the time but the final net cost to the taxpayer could be some £2 billion.
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Stewardship of the wholly-owned banks: buy-back of subordinated debt
Published on:Investors in taxpayer-owned banks were paid an excessive interest rate for risk actually being shouldered by taxpayers. The buy-back was therefore value for money.
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HM Treasury: The Asset Protection Scheme
Published on:The Treasury’s Asset Protection Scheme to protect over £280 billion of Royal Bank of Scotland’s financial assets against losses had a beneficial impact on financial markets. But the Scheme has, so far, only been partially successful in encouraging lending to creditworthy borrowers on the scale originally envisaged.
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Reporting financial information to the Board
Published on:2nd edition 2012
Boards can assess the financial management information reported to them against best practice using the guide.