Magazine article Public Finance

BBC Savings Could Be Improved, Say MPs

Magazine article Public Finance

BBC Savings Could Be Improved, Say MPs

Article excerpt

The BBC is on track to meet its target of £75m savings on procurement spending over three years, but could reduce its costs even further, MPs have found.

The broadcaster spends more than £500m a year on goods and services, and could secure more' savings in a number of areas, the Commons Public Accounts Committee says in a report, BBC procurement, published on May 13.

Overall procurement savings of 5% in 2006/07 concealed variations from less than 3% to more than 12%, the MPs found, and spending in categories such as temporary staffing had increased.

'The BBC could save money by aggregating its requirements and reducing its supplier management costs,' the report says. It notes that around £207m a year is not spent through centrally negotiated contracts - and ?26.5m of this is spread across 14,000 suppliers.

The MPs also warned that the benefits of centralised procurement could be lost where purchasing is outsourced. …

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