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Value for money

The Government will match investment in public services with reform and a constant effort to improve value for money. Here you can find out about the Government's current value for money programmes.

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SR04 Efficiency Programme
The Government's approach to efficiency in the previous spending period has been to implement the recommendations made by Sir Peter Gershon to inform the 2004 Spending Review. In the most comprehensive and wide-ranging efficiency programme ever attempted, departments have now reported savings of over £23 billion for the SR04 period.
CSR07 VFM Programme (PDF file 208KB)
Build ling on the success of the SR04 Efficiency Programme, the CSR07 value for money programme will go further and achieve an additional £30 billion of sustained, cash-releasing, net value for money savings by 2011. Departments have already published value for money Delivery Agreements, setting out how and where savings will be achieved, and will report on initial progress in their Autumn Performance Reports.

Two further programmes will inform the Government's value for money framework in the next spending period:

Public Value Programme (PDF file 228KB)
The Public Value Programme, launched at Budget 2008, will look at all major areas of public spending to identify where there is scope to improve value for money and value for money incentives. Initial areas already identified for investigation include road-building, commissioning in the health sector and regeneration spending.
Operational Efficiency Programme
The Operational Efficiency Programme will draw on private sector expertise to examine cross-cutting areas of government spending. Initial workstrands are back office and IT; collaborative procurement; asset management and sales; property; and local incentives and empowerment. The programme will report at Budget 2009.