Construction: Finance

(asked on 2nd December 2020) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government, further to the report by the Infrastructure and Projects Authority Government Construction Strategy 2016–20, published in March 2016, whether they are on course to achieve the forecasted £1.7 billion efficiency saving predicted to be promoted through best practice in construction procurement and delivery; and how any such savings have been so far achieved.


Answered by
 Portrait
Lord Agnew of Oulton
This question was answered on 17th December 2020

The Government has achieved the efficiency saving set out in the Government Construction Strategy 2016-20 and at the end of March 2020 had recorded over £1.7 billion savings. This has been enabled by: improving government’s capability as a construction client; developing digital capability in design and construction; improving transparency for industry by publishing the National Infrastructure and Construction Pipeline; and developing new models and approaches to procurement. It has led to efficiency savings being made through volume and margin reductions, rate discounts, de-scoping of projects and departmental reforms.

The Government has also recently published its Construction Playbook which aims to further improve how construction projects are assessed, procured and delivered.

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