1. Text Size:
  2. Contrast:


Back to the list

A value for money business

A value for money business

Our Value For Money (VFM) Statement 2016/17 summarises the work that we have carried out to ensure we spend the public money we receive as efficiently and responsibly as possible. 


The good news headlines are:


  • increase in operating surplus of £9million
  • efficient procurement of goods and services via Advantage South West procurement club, saving £450k
  • £820k of cashable savings (such as bringing PAT testing in-house, savings on printed leaflets, etc.)
  • Our maintenance contractor WPS  had a turnover of over £6,432k and a surplus of £115,000
  • WISE project achieved savings of £98,000
  • reduction in rent arrears of £65,925 helping 152 households.
  • For every affordable house built we create 3 jobs in the local economy and for every £1 of public investment we contribute £6
  • year-on-year reduction in management and maintenance costs (from £4,070 to £3,756 per property)
  • achievement of VFM KPIs such as rent arrears and void turnaround times

There are no shareholder dividends; every penny is ploughed back into the organisation so we can continue to provide great services and homes for people with housing and support needs across the south west.

We have placed cookies on your computer to help make this website better. You can at any time read our cookie policy. Otherwise, we will assume that you're OK to continue.

Change cookie settings: