Search results for 'Commercial and financial management'

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  1. The Refinancing of the Fazakerley PFI Prison Contract

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    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 […]

  2. Ministry of Defence: The Joint Services Command and Staff College

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    Sir John Bourn, Head of the National Audit Office, told Parliament today that the Joint Services Command and Staff College was a success story and had obtained value for money when using the PFI to procure its permanent home. The Ministry of Defence did well to establish the College but there is scope to improve […]

  3. Reforming NHS Dentistry: ensuring effective management of risks

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    There is a strong rationale for modernising NHS dentistry, but significant risks will have to be managed if the new arrangements announced by the Department of Health are to be effective and provide value for money, according to the National Audit Office. In particular, given the scepticism of some dentists compounded by a lack of […]

  4. Getting value for money from procurement – how auditors can help

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    A set of six questions for departments to consider to promote value for money in their expenditure on professional services, taken from from pages 15-16 of the NAO Value for Money report, “Purchasing Professional Services” (HC 400 2000-2001) published in April 2001.

  5. Darent Valley Hospital: The PFI contract in action

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    Sir John Bourn delivered today the National Audit Office’s 50th PFI/PPP report to Parliament, an update report on the new Darent Valley hospital which, in 1997, had been the first hospital procured under the PFI. Sir John reported that the hospital had been successfully delivered and the Trust had received a reduction in the overall […]

  6. High Speed Two: A progress update

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    This report examines whether DfT
    and HS2 Ltd have protected value for money so far in their stewardship of HS2.

  7. National Asylum Support Service: The Provision of Accommodation for Asylum Seekers

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    Sir John Bourn, head of the National Audit Office, reported today that contracts agreed by the Home Office in 2000-01 to provide accommodation for asylum seekers have not always proved value for money. The Home Office’s National Asylum Support Service provides accommodation for asylum seekers who are destitute, or likely to become destitute, while their […]

  8. Radiocommunications Agency : The Auction of Radio Spectrum for the Third Generation of Mobile Telephones

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    The £22.5 billion auction of radio spectrum for the third generation of mobile telephones was well designed and efficient, Sir John Bourn, head of the National Audit Office, told Parliament today. Key success factors were that the Radiocommunications Agency marketed the opportunity and consulted the Industry extensively before the auction, rehearsed it, managed the bidding […]

  9. Office for National Statistics: Outsourcing the 2001 Census

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    Sir John Bourn, head of the National Audit Office, reported to Parliament today on the difficulties faced by the Office for National Statistics (ONS) in outsourcing elements of the 2001 Census. The Census is expected to deliver good quality population data within the overall budget of £207 million. However, the appointment of professional advisors was […]

  10. Public Private Partnerships: Airwave

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    Sir John Bourn, Head of the National Audit Office told parliament today that a new radio system for the police, Airwave, could deliver considerable benefits. For instance, Airwave will give a clear digital voice service and offers the possibility of data transmissions and remote access to police computers. The service, procured under the PFI by […]

  11. Improving the prison estate

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    This report examines the condition and capacity of HM Prison and Probation Service’s prison estate.

  12. English Partnerships – Regeneration of the Millennium Dome and Associated Land

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    The second attempt to find a worthwhile use for the Millennium Dome and associated land on the Greenwich Peninsula avoided many of the problems of the earlier abortive sale competition. It has led to a deal which looks capable of meeting government’s objectives as the Peninsula is developed over the next two decades, Sir John […]

  13. Modernising procurement

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    Sir John Bourn, Head of the National Audit Office, today reported to Parliament on Government procurement. Some 1,500 staff spend some £13billion each year on civil procurement across government. Procurement is therefore big business and getting it right is central to the management of any organisation. The report focuses on the scope for improved procurement […]

  14. The Refinancing of the Norfolk and Norwich PFI Hospital: How the deal can be viewed in the light of the refinancing

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    Sir John Bourn, head of the NAO, today reported that, following improvements in PFI financing terms, the Norfolk and Norwich University Hospital NHS Trust has shared in the gains from a refinancing of its early PFI hospital contract, but it continues to pay a premium in respect of the financing costs compared to current deals. […]

  15. PFI: The STEPS Deal

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    Sir John Bourn, head of the National Audit Office today reported to Parliament on the £1.5 billion Strategic Transfer of the Estate to the Private Sector (STEPS) PFI deal entered into by Inland Revenue and Customs and Excise with a private sector consortium known as Mapeley STEPS. The deal incorporates the transfer of the ownership […]

  16. Ministry of Defence: The Rapid Procurement of Capability to Support Operations

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    The National Audit Office report on Urgent Operational Requirements (UORs), whereby the Ministry of Defence (MoD) uses a streamlined version of its procedures to support operations by buying equipment quickly, finds that UORs are a necessary and increasingly important feature of operations and that the Department has shown impressive ingenuity to deliver urgent requirements to […]