HC Deb 19 July 1995 vol 263 cc1316-7W
Mr. Robert G. Hughes

To ask the Secretary of State for Foreign and Commonwealth Affairs what performance targets he has set in the 1995–96 financial year for the Overseas Development Administration's executive agency, the Natural Resources Institute. [36609]

Mr. Hanley

This is a transitional year for the institute during which it will be undertaking a major restructuring exercise. It will be working during this period to the following principal targetsRestructuring. To implement, by the end of the 1995–96 financial year, an agreed programme of restructuring measures identified in the light of a recently completed study of the institute's future business prospects. Specifically:

  1. (a) to reorganise the institute's management commands;
  2. (b) to manage a voluntary severance programme aimed at reducing staff numbers to an indicative level of 360; and
  3. (c) to formulate an accommodation strategy for the smaller Institute.
Unit revenue. While implementing this programme, to maintain an average revenue of £67,750 per operational year of time charged to clients for a minimum of 260 operational years. External business. To increase the number of operational years of work for non-ODA clients, and the value of retained income from this source, by 10 per cent.