Managing budgeting in government
Published on:The Government’s ability to show that its spending decisions represent the best value for money is being hindered by the patchy availability of good information.
Search results for 'Commercial and financial management'
Showing 281 - 300 of 634 results
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Reporting financial information to the Board
Published on:2nd edition 2012
Boards can assess the financial management information reported to them against best practice using the guide.
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HM Treasury: The Asset Protection Scheme
Published on:The Treasury’s Asset Protection Scheme to protect over £280 billion of Royal Bank of Scotland’s financial assets against losses had a beneficial impact on financial markets. But the Scheme has, so far, only been partially successful in encouraging lending to creditworthy borrowers on the scale originally envisaged.
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The London 2012 Olympic Games and Paralympic Games: post-Games review
Published on:The NAO has underlined the success of the 2012 Games and stressed the importance of building on that success to deliver legacy benefits.
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The Government Procurement Card
Published on:Used appropriately, GPC can be a cost-effective way for government to procure goods and services. However, there is no up to date value-for-money case quantifying the benefits of the cards. There has also been a lack of clear central guidance on when the cards are the most appropriate way to procure goods and services.
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Equity investment in privately financed projects
Published on:Equity investors have helped to deliver many public sector infrastructure projects via the Private Finance Initiative and have managed them in ways from which the public sector can learn. Against a background of limited information, evidence gathered by the National Audit Office raises concern that the public sector is paying more than it should for equity investment.
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The BBC’s efficiency programme
Published on:A report on the BBC’s progress to date in delivering efficiency savings required by the BBC Trust following the 2007 licence fee settlement.
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The franchising of Hinchingbrooke Health Care NHS Trust
Published on:The first private company awarded a franchise to run an NHS hospital has made improvements in some clinical areas, but big financial challenges remain.
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HM Revenue & Customs: Customer service performance
Published on:Despite some welcome improvements, HMRC’s performance in answering calls from the public is poor value for money.
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The mortgage rescue scheme
Published on:The Mortgage Rescue Scheme, launched in January 2009 by the Department for Communities and Local Government, achieved fewer than half of the rescues expected. The Department helped 2,600 households avoid repossession and homelessness at a cost of in excess of £240 million – but it originally expected to help 6,000 households for £205 million.
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Programmes to help families facing multiple challenges
Published on:Two government programmes aiming to help families with multiple challenges, such as unemployment and anti-social behaviour, are starting to provide benefits but considerable challenges remain.
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Carrier Strike: The 2012 reversion decision
Published on:The MOD acted promptly to revert to the decision to buy the vertical take-off version of the Joint Strike Fighter but will have to manage significant risks.
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Decommissioning: How to decommission public services delivered by civil society organisations and maintain value for money
Published on:This guide provides practical advice on how to plan for and manage the decommissioning of public services delivered by civil society organisations (CSOs) and maintain value for money while doing so.
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PaceSetter: HMRC’s programme to improve business operations
Published on:PaceSetter has led to productivity improvements and may have contributed to greater staff engagement. However, the extent to which overall efficiency has improved is not clear; and some key principles of process improvement are not yet being applied strategically across the entire organisation.
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The BBC’s approach to managing the cost of its support functions
Published on:The BBC has reduced its spending on support functions but in future it should plan for cuts by clearly defining the level of service it requires and what that should cost.
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Lessons from cancelling the InterCity West Coast franchise competition
Published on:The competition to let this franchise lacked oversight. The full cost to the taxpayer is unknown, but likely to be significant.
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Short Guide: Reorganising arm’s length bodies
Published on:This paper highlights key issues for public bodies to consider in closing and merging arm’s length bodies.
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Ministry of Defence: Equipment plan 2012-2022
Published on:The NAO has reported on the 2012-22 Equipment Plan of the Ministry of Defence.
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The completion and sale of High Speed 1
Published on:The HS1 project has delivered a high performing line, which was subsequently sold in a well-managed way. But international passenger numbers are falling far short of forecasts and the project costs exceed the value of journey time saving benefits.
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Procurement of the M25 private finance contract
Published on:The Highways Agency’s PFI contract to widen the M25 could have been better value for money. The slowness with which it was taken forward resulted in higher financing costs, and the Agency was slow to investigate a potentially cheaper alternative to widening.