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Departmental Cost Effectiveness

Volume 501: debated on Wednesday 25 November 2009

To ask the Chancellor of the Exchequer what efficiency savings projects (a) his Department and (b) its agencies put in place under the Operational Efficiency Programme; on what date each such project was initiated; how much each such project was expected to contribute to Departmental savings; how much had been saved through each such project on the latest date for which figures are available; and if he will make a statement. (300940)

HM Treasury Group’s Value for Money Delivery Agreement, revised in July 2009, a copy of which is available in the Library of the House, sets out how it is aiming to deliver £35 million of VfM savings by 2010-11, including £5 million increased at Budget 2009 as a result of work on the Operational Efficiency Programme (OEP).

The Treasury Group will provide an update on progress towards delivering its VfM target in its Autumn Performance Report. Details of VfM plans beyond the current spending review period are not yet available.