Value for money

Use the resources below to ensure that school procurement is cost effective, and 'make the most of the least' when it comes to expenditure for IT, premises and tuition. 

  • Staff absence: counting and reducing the cost
    Staff absence is one of the hardest budget areas to predict. Hilary Goldsmith looks at the real cost of staff absence, and what can be done to reduce it
  • Procurement model policy
    Procurement can be a complex and challenging responsibility. Use our procurement policy template to create a policy for your school
  • Video: The benefits of centralisation
    Chief operating officer Tommy Cullen explains the what, why and how of centralisation in one academy trust, and how it has saved both time and money
  • Online tuition: the pros and cons
    Is online tuition a way to plug holes in your curriculum, or reach out to pupils who can't attend school? Matthew and Heather Clements-Wheeler share the benefits of virtual learning, and explain the pitfalls to avoid
  • Centralisation: what, how and why?
    Centralising services in multi-academy trusts is carried out to bring efficiencies. But what can be centralised, how can it work and what are the benefits?
  • Curriculum led financial planning: what do you need to know?
    Curriculum led budget planning (or integrated curriculum financial planning) is being promoted by the DfE as a tool for financial efficiency and sustainability. How does it work?
  • Achieving value for money training course
    School business managers need other team members to understand how budgets work and how to achieve best value for money. Use and adapt these training materials to help
  • Getting procurement right: 10-point plan
    Effective procurement leads to good contracts and ensures value for money and propriety. Use the 10 points of advice when undertaking and developing procurement processes in your setting
  • Benchmarking: a practical guide
    Benchmarking is a valuable tool in decision-making and ensuring value for money. This step-by-step guide from Caroline Collins shows how the benchmarking process works
  • Running a high-value procurement process
    Remaining compliant and getting value for money for the procurement being undertaken needs 'tender' loving care. Lorraine Ashover offers guidance and pitfalls to avoid

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