Search results for 'Commercial and financial management'

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

    Report Value for money

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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.

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

    Report Value for money

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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 […]

  3. Network Rail’s sale of railway arches

    Press release

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    This report examines the value for money of Network Rail’s sale of a major part of its commercial real estate portfolio.

  4. Public Private Partnerships: Airwave

    Report Value for money

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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 […]

  5. 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 […]

  6. PFI and PF2

    Press release

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    A briefing on the rationale, costs and benefits of the Private Finance Initiative; the use of and impact of PFI, and ability to make savings from operational contracts; and the introduction of PF2. There are currently over 700 operational PFI and PF2 deals, with a capital value of around £60 billion and annual charges for these deals amounted to £10.3 billion in 2016-17. Even if no new deals are entered into, future charges which continue until the 2040s amount to £199 billion.

    18 January 2018

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

    Report Value for money

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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 […]

  8. Financial sustainability of local authorities 2018

    Press release

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    This report reviews developments in the sector and examines whether the Department, along with other departments with responsibility for local services, understands the impact of funding reductions on the financial and service sustainability of local authorities.

  9. Ministry of Defence – Battlefield Helicopters

    Report Value for money

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    Pooling the Royal Navy’s, Army’s and Royal Air Force’s battlefield helicopters has brought significant benefits, Sir John Bourn, the head of the National Audit Office, told Parliament today. Efficiencies have been produced through a joined up approach, by standardising procedures and removing duplication, but there is a large shortfall in helicopter capability and further improvements […]

  10. Modernising procurement

    Report Value for money

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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 […]

  11. Sustainability and transformation in the NHS

    Press release

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    Additional funding, aimed to help the NHS get on a financially sustainable footing, has instead been spent on coping with existing pressures.

  12. Improving public transport in England through light rail

    Report Value for money

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    Modern light rail systems, such as Croydon Tramlink and Manchester Metrolink, have brought significant benefits to passengers, according to a report Parliament by the head of the National Audit Office, Sir John Bourn. They deliver fast, frequent and reliable services and provide a comfortable and safe journey. Their modern look and attractive services have enhanced […]

  13. The Public Private Partnership for National Air Traffic Services Ltd

    Report Value for money

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    Sir John Bourn, head of the National Audit Office, reported today that the public private partnership for NATS contains many positive elements. But the financial position of the Company will need strengthening to enable it to make further vital investment to expand the capacity of Air Traffic Control. In its study of the PPP for […]

  14. Refinancing the Public Private Partnership for National Air Traffic Services

    Report Value for money

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    Sir John Bourn, head of the National Audit Office, reported today that the refinancing of the public private partnership for NATS, completed late last year, has put the Company on a much more robust financial footing, enabling it to make further vital investment to expand the capacity of Air Traffic Control to meet future growth […]

  15. E20: renewing the EastEnders set

    Press release

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    This report examines whether the BBC has managed E20 in a way that is likely to achieve value for money.

  16. Modernising Procurement in the Prison Service

    Report Value for money

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    Sir John Bourn, the head of the National Audit Office, reported to Parliament today that the Prison Service has made good progress in improving its procurement of goods and services but that scope exists for further financial savings to be made.  Performance in monitoring and controlling the consumption of goods and use of services and […]

  17. Transforming performance of HM Customs and Excise through electronic service delivery

    Report Value for money

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    Also available: Incentivization of e-government (404 kb). HM Customs and Excise’s major programme to use e-technology to improve the efficiency of their business operations and services, although at an early stage, is already showing signs of being able to transform the department’s performance. However, today’s report to Parliament by head of the National Audit Office […]

  18. Highways Agency: Maintaining England’s Motorways and Trunk Roads

    Report Value for money

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    In recent years the Highways Agency has improved the condition of England’s motorway and trunk roads network and has also strengthened the management and delivery of its maintenance programme. But, according to a National Audit Office report, there is scope for the Agency to make further improvements in measuring the condition of the network, targeting […]