Magazine article Public Finance

Public Sector Still Reluctant to Work with Charities

Magazine article Public Finance

Public Sector Still Reluctant to Work with Charities

Article excerpt

Efforts to convince public sector organisations to contract more with the voluntary sector are to be stepped up after a study showed continuing widespread ignorance of the benefits of doing so.

The research, published this week by Futurebuilders, the consortium responsible for lending public money to charities to help them compete for public sector contracts, explored the lessons learnt from its first year.

'It's a mixed picture and a changing picture,' Futurebuilders chief executive Richard Gutch told Public Finance. He said he was surprised at the lack of awareness about local compacts between the voluntary sector and the government and added that purchasers often failed to appreciate why full-cost recovery was important to the voluntary sector.

'Commissioners have not understood that interest repayments for a loan should be included in contract costs, whereas they wouldn't think twice if it was a private sector contractor,' Gutch said. …

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