Search results for 'Commercial and regulation'

Clear all filters

Showing 241 - 260 of 298 results

  2. PPP in practice: National Savings and Investments’ deal with Siemens Business Services, four years on

    Report Value for money

    Published on:

    The PPP deal between National Savings and Investments (NS&I) and Siemens Business Services has improved customer service and has contributed to savings for the taxpayer, Sir John Bourn, head of the National Audit Office, reported today. However, Siemens Business Services and NS&I underestimated the challenge involved. Siemens Business Services has encountered a number of problems […]

  3. 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 […]

  4. Ministry of Defence: The Construction of Nuclear Submarine Facilities at Devonport

    Report Value for money

    Published on:

    Sir John Bourn, Head of the National Audit Office, told Parliament today that the costs of this project had risen from £650 million to an estimated £933 million. Although the Ministry of Defence originally considered that it had transferred the risk of cost overruns to the private sector, in the end it funded most of […]

  5. The PFI Contract for the redevelopment of West Middlesex University Hospital

    Report Value for money

    Published on:

    The redevelopment of the West Middlesex hospital should assist the NHS in delivering modern, high quality healthcare in London, Sir John Bourn, Head of the National Audit Office reported to Parliament today. As a result of letting a 35 year PFI contract with a net present value of £125 million to the Bywest consortium, the […]

  6. The Radiocommunications Agency’s Joint Venture With CMG

    Report Value for money

    Published on:

    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 […]

  7. 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 […]

  8. 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 […]

  9. 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 […]

  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. Vehicle and Operator Services Agency: Enforcement of regulations on commercial vehicles

    Report Value for money

    Published on:

    The Vehicle and Operator Services Agency (VOSA) has increased the number of dangerous commercial vehicles that it removes from the roads from 28,900 in 2007-08 to 36,500 in 2008-09, but the Agency could make better use of its resources and the effectiveness of its roadside checks is constrained according to a National Audit Office report […]

  13. The English National Stadium Project at Wembley

    Report Value for money

    Published on:

    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 […]

  14. The Financial Analysis for the London Underground Public Private Partnerships 

    Report Value for money

    Published on:

    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the financial analysis* carried out for the London Underground Public Private Partnerships cannot, on its own, be expected to show clearly which public or private sector option for managing and funding the Tube will provide better value for money. Sir John […]

  15. 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 […]

  18. Investigation into the government’s handling of the collapse of Carillion

    Press release

    Published on:

    On 15 January 2018, Carillion declared insolvency and the Official Receiver, an employee of the Insolvency Service, started to liquidate its assets and contracts. This report focuses on the role of the UK government in preparing for and managing the liquidation of Carillion.

  19. The Nuclear Decommissioning Authority: progress with reducing risk at Sellafield

    Press release

    Published on:

    This report examines the Nuclear Decommissioning Authority’s role, its governance, and the complex challenges it faces in delivering its long-term mission; progress with reducing high hazard and risk at Sellafield, and limitations to faster progress; and the NDA and Sellafield Limited’s plans to ensure sustainable progress at Sellafield.

  20. Ofsted’s inspection of schools

    Press release

    Published on:

    This report examines whether Ofsted’s approach to inspecting schools is providing value for money. We assessed Ofsted’s role, performance and impact.