Public sector organisations can recover millions of pounds of taxpayers’ money in overcharges and incorrect payments thanks to our new Spend Analysis & Recovery Services framework.
Our new framework will be used to identify areas of spend where public sector organisations have been incorrectly charged or have overpaid a supplier – recovering money for the taxpayer and supporting the delivery of efficient, effective public services.
The 19 suppliers on the framework include accountancy and audit specialists with expertise across areas like utilities, telecoms and VAT. We expect the framework to recover over £220 million over the next four years.
Matthew Sparkes, Deputy Director for Financial Services at CCS said: “The use of spend recovery services is commonplace in the private sector, not just to identify and recover valuable funds, but also to understand where to make process improvements that ensure errors won’t happen again.
“By combining our own CCS category expertise with our suppliers’ commercial expertise we can ensure that the public sector pays only for the goods and services it actually receives.”
The suppliers on the framework will work on a contingent “no-win-no-fee” basis to analyse financial transactions and commercial agreements, identifying overpayments, errors, or financial benefits which have not been previously realised.
These reviews can analyse and recover up to six years after an error or overpayment has occurred.
The agreement is broken down into seven lots covering the largest areas of government procurement spend:
Lot 1: Statement Transaction Review
Lot 2: End-to-End Review
Lot 3: Contract Compliance — Utilities
Lot 4: Contract Compliance — Telecoms / Mobiles
Lot 5: Contract Compliance — Contingent Labour / Agency Staff
Lot 6: Contract Compliance — VAT
Lot 7: Contract Compliance — Property / Rental Review
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