Source · Select Committees · Public Accounts Committee
Recommendation 16
16
Accepted
Shared Outcomes Fund provides financial incentives for innovative cross-government pilot projects.
Conclusion
Additional funding is an incentive used to encourage cross-government working, with the Shared Outcomes Fund being the most recent initiative.30 It was set up in 2019 by HM Treasury to fund pilot projects that test innovative ways of working across the public sector, with an emphasis on thorough plans for evaluation.31 Total funding made available through the scheme was £600 million, and HM Treasury claimed over 60 projects have now received this support. It told us the idea of the Shared Outcomes Fund is to test and scale up pilot projects where evaluation has shown they work.32
Government Response Summary
The government accepts the (implicit) recommendation, committing that HM Treasury will write to the Committee by March 2025, the end of the Shared Outcomes Fund's funding period, with updated findings from the project.
Government Response
Accepted
HM Government
Accepted
The government agrees with the Committee’s recommendation. Target implementation date: March 2025. The Shared Outcomes Fund is managed by HM Treasury. HM Treasury has already assessed interim lessons learned from the project, which informed the joint working review. As the funding covers the period until the end of the financial year 2024-2025, HM Treasury will write to the Committee towards the end of the last funding period with updated findings.