Magazine article Public Finance

Treasury Sets Up Procurement Review

Magazine article Public Finance

Treasury Sets Up Procurement Review

Article excerpt

The Treasury is to launch a root-and-branch review of procurement throughout the public sector, amid ministers' mounting frustration that many organisations are still not using their buying power to achieve efficiency savings.

John Healey, financial secretary to the Treasury and the minister in charge of procurement policy, is setting up the review in a concerted effort to overcome the reluctance of many public bodies to co-ordinate their procurement functions.

The top-level exercise will be conducted by Peter Fanning, deputy chief executive of the Office of Government Commerce, and will span the procurement regimes in place across central government departments, NHS bodies and local government.

It opens another front in the Treasury's drive to improve government efficiency and wring maximum value for money from the government's investment in key services, as it prepares for a tight Comprehensive Spending Review next year.

Fanning and his team will comb through a list of 54 goods and services, such as temporary staff and energy, to examine how these can best be purchased.

The intention is to draw up 'single sourcing' arrangements for each. Under this regime, public bodies will have to use, as appropriate, approved suppliers, framework contracts or standard specifications to reduce the financial and staffing costs of purchasing supplies. …

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