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Financial Services Authority

Volume 448: debated on Monday 3 July 2006

To ask the Chancellor of the Exchequer (1) what percentage of the Financial Services Authority's staff left the Authority in each of the last five financial years; and what the total cost of (a) redundancy and other severance payments and (b) the recruitment of replacement staff was in each year; (81330)

(2) Howmany IT-related contracts in excess of 153,000 euros, including contracts with external consultants or contractors, have been awarded by the Financial Services Authority in each of the last four financial years; and how many and what total value of such contracts were awarded with no competitive tender in each year;

(3) what the budgeted cost set out in the original programme business case was of completing the IT outsourcing programme at the Financial Services Authority;

(4) how many external contractors and consultants employed by the Financial Services Authority's IT division over the last 24 months have been supplied by employment agencies on the FSA's preferred supplier list; how many have been supplied by employment agencies on the S-CAT register; and how many have been supplied by employment agencies that are neither on the FSA preferred supplier list nor on the S-CAT register.

These are operational matters for the FSA. The chairman of the FSA will write to the hon. Member directly.

To ask the Chancellor of the Exchequer what assessment he has made of the extent to which the Government-required project methodology and control is in use on projects and programmes within the Financial Services Authority. (81334)

The FSA is operationally independent of the Government. However, I understand that the FSA has chosen to base its IS development lifecycleon the PRINCE II methodology and iscurrently working to align this approach with the recommendations of the OGC gateway process.