Treasury hands buyers the biggest cost saving target
28 August 2012
Procurement will bear the brunt of the government’s drive for £21.5 billion of efficiency savings by 2008, according to an OGC document for the Treasury.
In the first year, 2005-06, improved procurement will make up £2 billion of savings. But by the final year, 2007-08, procurement’s share will have risen to £7 billion – the largest single proportion (see chart below).
The next biggest savings will be from better “productive time” by doctors, nurses, teachers and other public servants, and will account for more than £6...