Search results for 'Commercial and financial management'

Showing 581 - 600 of 640 results

  1. The Nuclear Decommissioning Authority’s Magnox contract

    Press release

    Published on:

    The NDA’s fundamental failures in the Magnox contract procurement raise serious questions about its understanding of procurement regulations and its ability to manage large, complex procurements.

  2. Awarding the new licence to run the National Lottery

    Report Value for money

    Published on:

    Sir John Bourn, Head of the National Audit Office, told Parliament today that the National Lottery Commission had a sound basis for its decision to award the second licence to run the National Lottery to Camelot. However, he expressed concerns for the future about the extent of competition and the advantages held by the incumbent […]

  3. Financial sustainability of the NHS

    Press release

    Published on:

    The financial performance of NHS bodies worsened considerably in 2015-16, according to the National Audit Office.

  4. Progress on the government estate strategy

    Press release

    Published on:

    Departments have continued to reduce their estates and government is now getting better value for money. The Government Property Unit, however, has not yet made much progress towards its more challenging objective of creating an integrated estate.

  5. The Private Finance Initiative: The Contract for the Defence Fixed Telecommunications System

    Report Value for money

    Published on:

    The Ministry of Defence achieved a good price when they awarded the contract for a new Defence Fixed Telecommunication System to BT in 1997, Sir John Bourn, head of the National Audit Office, told Parliament today. The ten year contract let under the Private Finance Initiative (PFI) is expected to cost £612 million with a […]

  6. Department of Education and Skills – Connexions Service for all Young People

    Report Value for money

    Published on:

    Head of the National Audit Office Sir John Bourn today reported on the Connexions Service, concluding that it is a radical change in the delivery of advice and guidance to young people and is on target to meeting its major objective of reducing the proportion of 16- to 18-year olds not in education, employment or […]

  7. Financial sustainability of schools

    Press release

    Published on:

    The government’s approach to managing the risks to schools’ financial sustainability cannot be judged to be effective or providing value for money until more progress is made.

  8. NHS Ambulance Services

    Press release

    Published on:

    Demand for ambulance services continues to grow rapidly, but services are finding it increasingly difficult to cope with rising demand.

  9. The New British Embassy in Berlin

    Report Value for money

    Published on:

    Sir John Bourn, head of the National Audit Office, told Parliament today that the Private Finance Initiative deal for the new British Embassy in Berlin is likely to provide a suitable building at a price slightly lower than a comparable conventional procurement. The contract provides for the construction of a new Embassy building and its […]

  10. Mental health in prisons

    Press release

    Published on:

    Government does not know how many people in prison have a mental illness, how much it is spending on mental health in prisons or whether it is achieving its objectives. It is therefore hard to see how Government can be achieving value for money in its efforts to improve the mental health and well being of prisoners. In 2016 there were 40,161 incidents of self-harm in prisons and 120 self-inflicted deaths.

  11. Innovation in PFI Financing: The Treasury Building Project

    Report Value for money

    Published on:

    Sir John Bourn, Head of the National Audit Office, told Parliament today that the funding competition used to finance the refurbishment of the Treasury building in Whitehall saved the taxpayer £13 million. The competition resulted in savings of 7% of the cost of the deal over the lifetime of the project and assisted greatly in […]

  12. The Radiocommunications Agency’s Joint Venture With CMG

    Report Value for money

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    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the Radiocommunications Agency* has successfully entered into a partnership with CMG plc**, a global Information and Communications Technology group, which could result in significant financial savings. In June 1998 the Agency and CMG plc established a joint venture company, Radio Spectrum […]

  13. Department of the Environment, Transport and the Regions: The Channel Tunnel Rail Link

    Report Value for money

    Published on:

    Sir John Bourn, Head of the National Audit Office, told Parliament today that although the Private Finance Initiative deal for the construction of the Channel Tunnel Rail Link was in many respects unique, the lessons to be learned from the project’s near collapse are not. The report makes three key points. In negotiating with the […]

  14. Ministry of Defence: Non-Competitive Procurement in the Ministry of Defence

    Report Value for money

    Published on:

    Competition helps provide value for money and the Ministry of Defence (MOD) uses non-competitive procurement only where there are compelling reasons. It may not always be practicable or sensible to use competitive procurement, however, and over the last five years one quarter of the annual £9 billion defence equipment and services budget has been spent […]

  15. The English National Stadium Project at Wembley

    Report Value for money

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    The Department for Culture, Media and Sport’s decision to provide additional public funding for the English national stadium project at Wembley is an example of well managed risk taking, Sir John Bourn, Head of the National Audit Office said today. The Department, working closely with Sport England, has thoroughly reviewed the project and taken appropriate […]

  16. The Operational Performance of PFI Prisons

    Report Value for money

    Published on:

    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the seven operational PFI prisons are bringing benefits to the Prison Service. One of the key benefits is that the existence of PFI prisons has encouraged the public sector to improve its performance. For instance, Prison Service management teams have recently […]

  17. The Thameslink, Southern and Great Northern rail franchise

    Press release

    Published on:

    This examines the causes of poor performance on the Thameslink, Southern and Great Northern network since the franchise began in September 2014, the effects on passenger services, financial outcomes for the operator and the Department, and the Department’s handling of the Thameslink, Southern and Great Northern franchise.