The National Audit Office reported today that there was limited assurance that the price of the three Tube PPPs was reasonable, and some uncertainty about the eventual price although any price revisions have to meet tests of economy and efficiency. The complexity of the PPPs resulted from the scale of the deals, innovative output specifications […]
The National Audit Office reported today that there was limited assurance that the price of the three Tube PPPs was reasonable, and some uncertainty about the eventual price although any price revisions have to meet tests of economy and efficiency. The complexity of the PPPs resulted from the scale of the deals, innovative output specifications […]
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. […]
Government departments are continuing to make progress in improving the quality and timeliness of their accounts which they submit for audit. However, according to head of the National Audit Office Sir John Bourn, a large number of departments will need to make significant further effort if they are to meet the Treasury’s timetable for the […]
Central Government spends over £2.6 billion a year supporting small business. The Small Business Service (SBS) is responsible for leading Government actions for small business primarily through leading on a Government Action Plan. The SBS has delivered some successful projects itself, but to date it does not have measures to establish its overall impact, or […]
In November 2001, Customs produced estimates for the first time of the revenue loss from frauds on petrol and diesel. Customs estimated that in 2000 the loss could be between £450 million and £980 million in the UK, compared to revenue receipts of £22.6 billion on oils duties. Of this, diesel frauds on the UK […]
Sir John Bourn, head of the National Audit Office, reported to Parliament today that the Royal Armouries* in July 1999 successfully negotiated a revised deal with Royal Armouries (International) plc** (“RAI”) which ensured that the Royal Armouries Museum in Leeds remained open. The revised deal has also made it possible for the future redevelopment of […]
Standards of accountability and probity in central government bodies remain high, according to head of the NAO Sir John Bourn. Departments have continued to make good progress in meeting the challenge of resource accounting and in improving the quality of accounts submitted for audit. Sir John also welcomed the progress made by departments in submitting […]
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 […]
Overview The National Audit Office published today its “gold standard” for project control of major defence projects. This aims to help the MoD improve its performance in delivering projects on time and to budget. It forms part of a second in a suite of studies exploring key project success factors and how the MoD and […]
Sir John Bourn, head of the NAO, today welcomed the continued improvements made by departments in the quality of the accounts they submit for audit, although he noted that there was more they could do to avoid spending more resources than permitted by Parliament and to ensure that they were able to submit accounts for […]
The Scottish Executive and other Scottish public bodies have responded positively to a range of recommendations arising from value for money work on Scottish matters in the last two years, Sir John Bourn head of the National Audit Office reported to the Scottish Parliament today. Sir John’s report brings together the results of seven previously […]
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 […]
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 […]
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 […]
Sir John Bourn, the Comptroller and Auditor General, reported to Parliament today that the financial health of the further education sector in England is improving but that 13% of colleges are still in poor financial health. He identified a number of key management practices, which are typical of colleges in good financial health and which […]
The Department of Trade & Industry (the DTI)’s approach to the Post Office’s purchase of German Parcel for £289 million was reasonable under the circumstances, Sir John Bourn, head of the National Audit Office, reported to Parliament today. The Post Office wanted to buy German Parcel and the DTI had the responsibility for overseeing the […]
Sir John Bourn, head of the National Audit Office, reported today that significant success has been achieved on key Government homelessness targets. There have been large falls in the numbers of people sleeping rough and families with children living in Bed & Breakfast accommodation as an emergency response to homelessness. But more work remains to […]
The Pension Service has made real and substantial progress since 2002 in helping pensioners to secure their entitlements using new and well thought through approaches, but will need to build on this work to improve take-up still further. A report today by the National Audit Office highlights the need to develop local work to reach […]
Sir John Bourn, head of the National Audit Office, reporting today on the implementation of Integrated Project Teams1 (IPTs) by the Ministry of Defence (MoD) told Parliament that the teams had been introduced rapidly and successfully but needed to evolve further. He also reported that firm direction was now needed from the MoD to maintain […]