CIPFA welcomes asset management report

02-02-2011

The Chartered Institute of Public Finance and Accountancy (CIPFA) has welcomed the report Leaner and Greener: Delivering Effective Estate Management which was launched by Eric Pickles MP, Secretary of State for Communities and Local Government at the Palace of Westminster today. It is the culmination of an inquiry chaired by Matthew Hancock MP that examined asset management within the public sector and in particular Local Government.

It comes up with 15 keys recommendations of how Local Government could improve asset management practice and as a result suggests reductions of up to 30% on space and savings on running costs of up to £7 billion per annum.

David Bentley, Head of Asset Management at CIPFA Property said:

‘CIPFA is delighted the report has backed up the position we’ve maintained over many years. The recommendations add momentum to what should be an obvious cost-saving initiative for councils as part of their long term planning.’

Ends

Contact: Guy Roberts/ Lindsay Machin / Chloe Forbes
CIPFA Press Office
t 020 7543 5712/5645/5787
guy.roberts@cipfa.org.uk/ lindsay.machin@cipfa.org.uk / chloe.forbes@cipfa.org.uk

Notes to Editors:

David Bentley is available for interview. Please call the CIPFA Press Office.

For further information on CIPFA Property, please go to
http://www.cipfaproperty.net/occupancy_efficiency/ and www.cipfa.org.uk/property

About CIPFA

CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services.