Select Committee · Public Accounts Committee

Delivering value from government investment in major projects

Status: Closed Opened: 10 Jan 2024 Closed: 29 May 2024 5 recommendations 17 conclusions 1 report

Both the Committee and the National Audit Office (NAO) scrutinise how major projects are delivered, including inquiries on resetting of Government programmes and lessons from major projects and programmes . As part of this theme, the NAO’s report on delivering value from Government investment in major programmes looks at a small selection of projects, including …

Clear

Reports

1 report
Title HC No. Published Items Response
Thirty-Second Report - Delivering value from government inv… HC 456 15 May 2024 22 Responded

Recommendations & Conclusions

2 items
4 Recommendation Thirty-Second Report - Delivering value… Accepted

Submit analysis of skills shortage risks to government's infrastructure project portfolio.

Government departments and the broader economy lack the necessary skills and capacity to deliver the government’s ambitious portfolio of major infrastructure projects. The UK’s projected spend on infrastructure projects over the next five years is very high—unprecedented, according to the IPA—with the UK building more than it has ever built …

Government response. The government agrees to the recommendation and will provide further detail to the Committee in December, aligning with a target implementation date of December 2025.
HM Treasury
5 Recommendation Thirty-Second Report - Delivering value… Accepted

Outline plans to incentivise departments to populate IPA benchmarking hub with project data.

The IPA’s plans to improve the quality of government’s cost estimates of major projects have taken too long to implement. We have examined many projects Delivering value from government investment in major projects 7 where early cost estimates have proved to bear little resemblance to what a project will ultimately …

Government response. The government agrees with the recommendation and will provide further detail to the Committee in December, consistent with the target implementation date.
HM Treasury

Oral evidence sessions

1 session
Date Witnesses
20 Mar 2024 Conrad Smewing · HM Treasury, Nick Smallwood · Infrastructure and Projects Authority View ↗

Correspondence

1 letter
DateDirectionTitle
15 Apr 2024 Correspondence from Nick Smallwood, CEO at the Infrastructure and Projects Auth…