Balancing Act: Financial recovery after Covid-19

Overview

Following a period of furious spending to deal with the impact of coronavirus, the focus is shifting to ensuring public finances recover as we begin to build back better.

How can the public sector help repair their accounts - whether that’s by saving, generating, or recovering funds - while continuing to deliver world-class public services? This must be done without hurting relationships with suppliers or the general public and remaining mindful of social value obligations.

Exploring this topic, Crown Commercial Service’s category experts will examine:

• What have been the cashflow problems the pandemic has thrown up or exacerbated and how have they changed? What is the situation now?
• How have the Procurement Policy Notes issued at the start of the crisis helped authorities?
• After a decade of efficiency drives, where are the savings left to be made and are all revenue opportunities being maximised?
• The sensitivities of recovering debts or erroneous payments – managing relationships with suppliers, customers and aligning with government policy
• The challenges of making the case to spend money to save money
• Aggregation opportunities to drive further efficiencies and value