12 Accepted

The government believes that this portfolio approach leads to improved data and management, as well...

Conclusion
The government believes that this portfolio approach leads to improved data and management, as well as increased transparency and accountability.29 The new government property strategy lays out plans for each portfolio to have its own strategy by March
Government Response Summary
The government has agreed to name lead departments for land and science property portfolios to improve oversight and coordination, with Defra confirmed for land and DSIT likely for science.
Government Response
Accepted
HM Government Accepted
The government agrees with the Committee’s recommendation. Recommendation implemented The land and science property portfolios are currently led within multiple departments with accountability for their management resting with separate accounting officers and with decision-making undertaken on an individual department basis. The Cabinet Office agrees there would be benefit from greater oversight and coordination of these portfolios by naming a lead department. The Department for Environment, Food and Rural Affairs (Defra) has agreed to be the portfolio lead for the land portfolio; this has also been agreed with the other departments in scope of the portfolio. On the science portfolio, the lead is likely to be the Department for Science, Innovation and Technology (DSIT). This will be finalised following the conclusion of the machinery of government changes that are necessary for the creation of the new department. A further update will be provided to the committee before summer recess.
Addressee Bodies
HM Treasury
Timeline
Recommendation age 3.6 yrs
Report published 21 Dec 2022