Source · Select Committees · Public Accounts Committee
Recommendation 1
1
Accepted
Committee took evidence on governance and decision-making for major government projects.
Conclusion
On the basis of a report by the Comptroller and Auditor General, we took evidence from HM Treasury (the Treasury), the National Infrastructure and Service Transformation Authority (NISTA) and the Office for Value for Money (OVFM) on governance and decision-making on major projects.1
Government Response Summary
The government agrees, stating new bespoke budgeting and governance arrangements for mega projects were set out in June 2025 and will be implemented. The Treasury commits to writing to the Committee with an update on its effectiveness.
Government Response
Accepted
HM Government
Accepted
The government agrees with the Committee’s recommendation. budgeting arrangements for mega projects in June 2025. This set out a new bespoke approach to funding and governance that will be implemented for current and future mega projects. The Treasury will write to the Committee with an update on the effectiveness of this revised approach.