Achieving Best Value Statement There has not been a change to this policy and this policy has been reviewed in February 2017 Approved by Finance Committee: 7 February 2017 Signed by Chair of Committee: G Rowland Ratified by the Full Board of Governors on: 22 February 2017 Signed Chair of Governors: C Turner Review Date: Within One Year of above Date Policies and British Values In line with our mission statement, The Highcrest Academy believes in equal opportunities for all. A fully rounded education will equip our pupils properly for the challenges of Twenty First Century life. We acknowledge the expectation that the key British Values of democracy, the rule of law, individual liberty, mutual respect and tolerance of those with different faiths and beliefs, will be routinely emphasised as part of academy life, both inside and outside the classroom. It is the expectation that all our pupils will leave the academy prepared to serve the community positively, fully imbued with a balanced view of society and its differences. This encompasses the UNCRCs rights for the child. X:\Office-Confidential GBK\Policies Highcrest - MASTER COPY\Academy Policies Signed\Achieving Best Value Statement Feb 2017 V3.doc 2 of 4 ACHIEVING BEST VALUE POLICY Statement All expenditure, particularly in respect of large service contacts, will reflect the principles of the best value regime. 1. Challenge What is the need and how strong and urgent is it? Is there a Health & Safety issue? Is the service/equipment/facility required (whether existing or proposed)? What advantages/benefits does it provide that would make it worthwhile in terms of increased efficiency, lower overall cost (immediate and longer term), better use of manpower, better fit with the School’s plans (Improvement Plan, Curriculum Plan, Development Plan, Marketing Plan etc.)? Is the technology proven, the supplier reliable, back-up services adequate (speed of response, downtime, spares availability etc.)? Does it fit with the direction being taken by the School? Could it benefit (or create difficulties for) other Departments? Are there reference installations, particularly in the education sector? Is there another way of addressing the need? Is this a palliative, a quick-fix, or a long-term approach? 2. Compare Evaluate offers on purchase costs (initial, delivery, consumables, maintenance, long-term). Evaluate internal costs (staffing, premises, energy, working practices). Evaluate options and value of facilities offered but not specifically requested by the School (e.g. if the 1500GL model has air-conditioning as standard, does this make it “better”, or are the increased running costs/complexity a disbenefit?). Evaluate benefits that could accrue (facilities never previously offered, affect on staff working conditions & morale, use by hirers, status of School as leading the field etc.). Read the Terms & Conditions of Supply – negotiate amendments, if necessary. Is the payment profile advantageous? 3. Consult Contact reference sites (visit if necessary/worthwhile). Notify all relevant members of staff and consult all who could be affected and might wish to offer an opinion. Ensure that the users/operators understand what is being proposed and are behind the scheme. Consult expert opinion if internal resources inadequate (free advice, if possible!). 4. Compete If book price item(s), ensure that the chosen supplier is offering the best price/specification commensurate with speed of delivery (if of importance). X:\Office-Confidential GBK\Policies Highcrest - MASTER COPY\Academy Policies Signed\Achieving Best Value Statement Feb 2017 V3.doc 3 of 4 Obtain (if possible) a sufficient number of offers to ensure that there is genuine competition. Monitor performance and raise issues where expectations/contract not fulfilled. 5. Authorisation All purchase orders must be authorised / signed in accordance with the instructions on the form and The Highcrest Academy finance manual. X:\Office-Confidential GBK\Policies Highcrest - MASTER COPY\Academy Policies Signed\Achieving Best Value Statement Feb 2017 V3.doc 4 of 4
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