Space-based budgeting
Background
In 2012, government departments and local authorities face unprecedented challenges as they tackle high cost areas within their businesses, and reshape their organisations for the future. Better management of assets will form a key part of the response to these challenges. The Government has done much to make in year savings through the lease moratorium, and other National Property Controls. These central initiatives run by the Cabinet Office and the Government Property Unit are clearly having an impact.
Key findings
There is more to do to bring down £25 billion-worth of running costs for government assets, and engender genuine cultural change on property management. This report from Deloitte Research gives an overview of the key challenges public bodies face as they seek to reorganise, refurbish or divest their core assets. Based on discussions with property professionals in the public sector, as well as conversations with private sector firms that supply property-related services to government clients, the report highlights five key areas for action.
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