Lord Mackinlay of Richborough
Main Page: Lord Mackinlay of Richborough (Conservative - Life peer)Department Debates - View all Lord Mackinlay of Richborough's debates with the HM Treasury
(1 day, 15 hours ago)
Lords ChamberMy Lords, I wish the Government well in their counter-fraud investigations into Covid, because public money is of course of the utmost importance, but there is a clear and present daily problem with government procurement. Some years ago, I did a piece of work with the TaxPayers’ Alliance, looking at the price of photocopy paper across public institutions. It was vastly different: from £1.99 to £5.33 for a ream, within a health trust on the south coast. Can the Minister assure me that work is being done to maximise procurement gains throughout the system?
Yes, I can, and I agree with the noble Lord. At the Budget, the Chancellor launched the Office for Value for Money, which will assess where and how to root out waste and inefficiency and to unlock value-for-money studies in specific high-risk areas of cross-departmental spending, and scrutinise investment proposals to ensure that they offer value for money.