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<p>To date the Public Bodies Reform Programme 2020 to 2025 and wider Public Bodies
Team has provided value for money for the taxpayer through:</p><ul><li><p>conducting
a prototype of corporate service benchmarking across 90 arm’s length bodies (ALBs),
uncovering spend discrepancies and identifying scope for savings if ALB spending is
brought in-line with the median spend;</p></li><li><p>the Public Bodies Review Programme,
which commits departments to review 125 ALBs, covering 90% of ALB expenditure. Departments
are expected to identify 5% operating expenditure savings in each full-scale review.
So far, 60% of the 125 planned reviews have been initiated and £35 million in efficiency
savings identified;</p></li><li><p>tightening approval processes for new ALBs, diverting
almost 70% of proposed ALBs to less expensive delivery options;</p></li><li><p>publishing
codes of practice for ALBs to improve financial oversight and risk management between
department and ALBs; and</p></li><li><p>introducing quarterly non-executive (NED)
board member inductions.</p></li></ul><p>The Public Bodies Reform Programme runs until
31 March 2025. The Government will take a decision about the priorities for future
public bodies reform in due course.</p><p> </p><p> </p><p> </p>
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