My honourable friend the Parliamentary Under-Secretary of State for Defence (Kevan Jones) has made the following Written Ministerial Statement.
Key performance targets have been set for the chief executive of UK Hydrographic Office for the financial year 2009-10. The targets are designed to drive continued improvements in the agency’s performance and are as follows:
KPT 1: Safety—while aiming for 100, to achieve a safety index of 95 or higher.
KPT 2: Defence—to deliver the defence hydrographic programme achieving an index rating of 95 or higher while transitioning to a multiyear service definition annex incorporating incentivised pricing.
KPT 3: Finance—to achieve a return on capital employed of 9 per cent on a three-year rolling basis.
KPT 4: Efficiency—to achieve at least 75 out of 100 against 10 targets which together reflect a measure of organisational excellence.