Twelfth Report - COVID 19: Cost Tracker Update
Select Committee
Public Accounts Committee
HC 173
25 July 2021
Government Response (AI assessment · 24 of 24 classified)
Accepted
21
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Twelfth report from Session 2021-22 · published 17 Nov 2021
Recommendations & Conclusions
1 results
4
Recommendation
Accepted in Part
Achieving value for money from government expenditure during COVID-19 is being compromised by poor quality...
Recommendation
Achieving value for money from government expenditure during COVID-19 is being compromised by poor quality impact assessments and Accounting Officer assessments. Government accepted the need for a higher risk appetite in order to make decisions and move funding more quickly …
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Government Response Summary
The government agrees to publish updated accounting officer assessment guidance by December 2021 and continue training on Managing Public Money. However, it does not specifically commit to reviewing major COVID-related spending decisions for poor value for money as recommended.
HM Treasury
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