The CIPFA Property Services Value for Money exercise is relaunching for 2018. The service offers a unique opportunity to examine value for money in relation to the management and delivery of property services for a local authority and blue light service.
It covers the full spectrum of property related activity including strategic asset management, estate management functions and the management of investment property.
CIPFA Property has been undertaking a value for money benchmarking exercise of property services since 2012. The outcome of the exercise is an essential 120+ page report complete with over 100 graphs and charts highlighting significant areas of property services related staffing, financial and comparative performance.
Many authorities are regular contributors to the exercise, citing it as critical in demonstrating their own value for money and service effectiveness. As such, over the summer we will be undertaking another exercise focusing on the 2017/18 financial year, and are inviting all local authorities across the UK to join up.
What will it entail?
If you participate, you will receive an initial briefing document and spreadsheet that will outline the areas of information that will be required, together with an explanation of the process that will be undertaken.
This will be followed by an onsite visit from one of our team who will go through the information with you and validate it to ensure there is consistency in the approach across all organisations to enable effective benchmarking.
Once the data has been validated you will be provided with a copy of the draft report in order to clarify any anomalies that become apparent and make sure you are happy with the final contents.
Following confirmation of data by each authority, a final report will be issued with graphs and spreadsheets showing how you perform against the other authorities based on a range of information. Your specific authority will be given a reference number or letter so that you can remain anonymous if you wish to do so.
- £1,250 plus VAT for members of the SAN (Strategic Assets Network) or PTN (Property Training Network).
- £1,750 plus VAT for non-members of the SAN (Strategic Assets Network) or PTN (Property Training Network).
We hope to undertake the onsite work in July, August and September with a final report issued in December 2018; the deadline to let us know you wish to participate is 30 May 2018.
What you will get
The final report will show a number of value for money service indicators which will be broken down into several construction and property areas, as follows:
- general information
- strategic asset management
- management of data, asset management software, terrier etc
- general estates management functions
- property valuations
- design and construction, including project management
- condition surveys
- management of maintenance including compliance
- energy management
- management of investment property.
Frequently asked questions
To help you to better understand the process, the following questions and answers will provide clarification on some of the key issues people raise.
Q: What if one of the service areas is outsourced?
A: No problem – we will record both in-house and external costs and compare the overall costs against the various service delivery approaches adopted by participating authorities.
Q: More than one of the service areas are carried out by the same staff – how will their costs be broken down between areas?
A: Through discussion, we will apportion staff time across different professional work areas as accurately as possible.
Q: What internal resources will be required from us?
A: Unlike most benchmarking exercises, we will be working with you to ensure the data you provide is collated consistently to enable comparison with other authorities. You will however have to collate and provide the base information which should be readily available, but you will be advised what information is required beforehand to give you sufficient time to collate it.
Early bird offer
Sign up before end of April 2018 and receive one free delegate place on the PTN Challenging Performance
event taking place in York on 3 May
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