Issue - meetings

Report of the Director of Finance and Commercialisation providing an update on the Value For Money (VFM) conclusion and recommendations reported to Governance Committee in July 2018 as part of the Annual Audit Report for the 2017/18 Financial Statements, specifically relating to procurement and contracting policies, attached.

The Committee received and noted the report of the Director of Finance and Commercialisation providing an update on the value for money audit conclusion – financial statements 2017/18.  The Committee noted that since the observations associated with the audit had been made there had been substantial progress made in completing a comprehensive action plan.