Driving value for money
Delivering value for money
In the last financial year we
made £9.5m of efficiency and administration
savings across the business.
Our value for money achievements in
2011/12 include:
- bringing our financial
services function back in house after 10 years under an outsourcing
contract. As well as enabling us to improve the service delivery we
have made £650k of savings in the past year;
- against unprecedented
conditions we have materially increased investment in major works,
regeneration and community activity, at a time when many
associations are reducing expenditure in such areas;
- we’ve made savings of
upwards of £6 million on contracts to deliver external works and
cyclical redecorations
- made over £230k worth of
savings through a new electrical testing contract
- reduced spend on office
services by over £180k
- we've recently completed a
project working with residents to review our grounds maintenance contracts in our North West
region which has now been extended to the North East, Midlands and
South West regions. Here we have been successful in generating
savings of around 20%.
- signed an insurance deal with Igloo Insurance PCC Ltd
which has delivered savings of £200k annually.
- from resurfacing paths to
auditing costs, we’ve made savings of over £230k on smaller
contracts across the board.