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Value for money (1288) Service
- Description
- All public bodies have a duty to ensure that their use of resources is economic, efficient and effective. A value for money review typically takes account of the mix of quality, cost, resource usage, fitness for purpose, timeliness, convenience plus a measure of the cost of goods and services to judge whether or not, together, they constitute good value. A report on any review or key points from a review are published for information.
- Modified
- 03 Apr 2013
- Status
- Live
- is found in the following lists
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