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大象传媒 publishes independent value for money reviews


Category: 大象传媒

Date: 12.07.2005
Printable version


The 大象传媒 Board of Governors has today laid before Parliament four independent reports commissioned by the Audit Committee, undertaken by a range of external agencies as part of its programme of value for money reviews.

The reports are:

The 大象传媒's White City development: the second phase of the building project

Public Service Broadcasting: the 大象传媒's performance measurement framework

Credit Management Operations

大象传媒 Property: LST Partnership arrangements

The reviews were conducted by the National Audit Office, PricewaterhouseCoopers and Ernst & Young.

The reviews are published by the 大象传媒 today and include responses from 大象传媒 management and 大象传媒 Governors.

Jeremy Peat, Chairman of the 大象传媒's Audit Committee, said: "The Board of Governors is responsible for ensuring licence payers' money is invested wisely. The value for money programme of work is providing us with important independent views on whether the 大象传媒 is achieving best value for the public.

"We are pleased the reviews published today conclude that, on the whole, the 大象传媒 is achieving value for money in these key areas of activity."

Sir John Bourn, head of the NAO, said: "I welcome the opportunity to contribute to the programme of value for money reviews which has been commissioned by the 大象传媒 Governors' Audit Committee.

"These are providing Parliament with a fresh insight into how the 大象传媒 is spending public money and I look forward to continue assisting the 大象传媒."

The 大象传媒's White City development: the second phase of the building project (NAO)

The review concluded that the new buildings at White City were delivered on time and within budget, and achieved important aspects of the 大象传媒's property strategy.

It makes recommendations for future projects, and highlights that the 大象传媒 is not using White City's full potential. The 大象传媒 has since taken action to improve this.

The Board of Governors supports the recommendations and welcomes the NAO's acknowledgement of the positive outcomes achieved by the development.

Public Service Broadcasting: the 大象传媒's performance measurement framework (NAO)

The review praises the direction being taken by the 大象传媒 in this area. The NAO reported that the 大象传媒 has made good progress in developing a performance measurement framework.

Important building blocks are in place: the 大象传媒 has identified performance measures, data collection is underway and performance is being reported to Senior Management and the Board of Governors. There is evidence that the framework is beginning to influence thinking.

The Governors welcome the review's confirmation of the framework as a rigorous and appropriate method to assess the delivery of public value. They recognise that there is further work to be done and the framework is still evolving.

The report is informing work on the Public Value Test.

Credit Management Operations (PwC)

PricewaterhouseCoopers reported that current arrangements are effective. The 大象传媒 has demonstrated continuous improvement over the past two years; however, there are further opportunities for the 大象传媒 to enhance the value for money derived from its credit management operations.

The Board of Governors welcomes this conclusion and recognises that further improvements can be made, particularly in the area of consistency of standards.

大象传媒 Property: LST Partnership arrangements (Ernst & Young)

The review is written in two parts, with the second part written after the 大象传媒 renegotiated its partnership with LST.

The initial report concluded that the partnership offered the 大象传媒 an innovative solution to realising its property vision and delivered a number of major benefits.

The report also noted that whilst reasonable value for money was being achieved in core services, the partnership had not evolved as expected and hence maximum value was not being achieved.

In the second part of their review, Ernst & Young support the 大象传媒's revised partnership arrangements with LST, which address issues raised in their original report.

The Board of Governors welcomes the conclusions of the report and is pleased that the 大象传媒 has negotiated a new deal with LST with a positive outcome.

Notes to Editors

The four value for money reviews are available online at bbcgovernors.co.uk

In 2003, the 大象传媒 and the Government agreed an evolution in the Governors' oversight of value for money. As a result, the Governors' Audit Committee, in dialogue with the Comptroller General and Auditor General - the head of the National Audit Office (NAO) - has established a programme of independent value for money reviews. The reviews are undertaken by the NAO or other external agencies.

This is enshrined in the 2003 amendment to the 大象传媒's Agreement with the Secretary of State.

All studies under this programme performed by external agencies, including the NAO, are reported to the 大象传媒 Governors and subsequently laid before Parliament by the 大象传媒 together with a 大象传媒 response.

The programme builds on the existing internal value for money assessments performed by the 大象传媒's Internal Audit and divisional management.

The programme of reviews by the NAO until the end of the current Charter in 2006, agreed by the 大象传媒's Audit Committee and the NAO's Comptroller and Auditor General, is:

- 大象传媒's investment in Freeview (published July 2004)

- Measures of public service broadcasting (published July 2005)

- The 大象传媒's White City development: the second phase of the building project. (published July 2005)

- Overhead definitions

- Outsourcing arrangements

- Risk management processes

Two reviews by other agencies (PwC and Ernst & Young) are published today. A further programme of reviews, to be conducted by other agencies, has yet to be determined by the Audit Committee and the NAO.


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Category: 大象传媒

Date: 12.07.2005
Printable version

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