4,036 members and growing
HCSA LONDON & SOUTH REGIONAL EIS EVENT AWARDS OPEN NOW in London 18th April Holiday Inn, Regents Park,
2024 HCSA MIDLANDS REGIONAL EIS EVENT AWARDS OPEN NOW in Daventry 9th May Staverton Park Hotel,
2024 HCSA NORTH REGIONAL EIS EVENT AWARDS OPENING SOON in Leeds 4th July Queens Hotel , LIVE SOON
Women's Network Conference Holiday Inn Regents Park 4th September 2024, Opening Late April 2024
HCSA Annual Conference 13 & 14 November 2024 Telford International Centre ON SALE SOON BOOK EARLY to save disappointment
Close Search

Poor record-keeping means the government is unable to demonstrate value for money across billions of taxpayer pounds of public procurement, the Public Accounts Committee has said.

The MPs have found “significant issues with the quality and completeness of data on contracts” related to the £259bn government bodies spent procuring goods and services in 2021-22, according to a report published today.

A lack of data on contracts being awarded is making it harder for government to solve procurement issues, capitalise on value-for-money benefits and evaluate the functioning of competitive, innovative, and open markets, PAC said. More effective use of competition in public procurement could save the public purse between £4bn and £7.7bn, according to the report.

Read full article

Source: Public Technology

Date: 4 January

Posted in News on Jan 02, 2024

Back to News