§ Lord McIntosh of HaringeyMy right honourable friend the Chief Secretary to the Treasury (Mr Paul Boateng) has made the following Written Ministerial Statement.
Savings
The agency will facilitate at least £300 million value for money improvements for the public sector in 2004–05.
Customer satisfaction
The agency will continue to achieve levels of customer satisfaction above 90 per cent as a headline figure and will demonstrate continuing improvements in customer satisfaction though other measures.
ROCE
The agency will make a return on capital employed of 6.5 per cent.
Efficiency
The agency will reduce by 5 per cent the ratio of internal costs over value-for-money improvements with the outturn for the same ratio in 2003–04 (excluding any new business, e.g. WDS)
A copy of the agency's business plan for 2004–05 can be found on its website www.ogcbuyingsolutions.gov.uk.