Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many staff by headcount are currently assigned to the Office for Value for Money; and what is the annual budget for the business unit.

The Office for Value for Money is a small, time-limited organisation based in HM Treasury. In addition to its independent Chair, the OVfM comprises a team of c.15 officials, including secondees from the National Audit Office (NAO), the Government Commercial Function, and the Evaluation Task Force. Its budget will be published and outturn data will be made available with HM Treasury’s Annual Report and Accounts.