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.

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
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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
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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?
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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?
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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
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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
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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
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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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Making a procurement
When procuring services for your school or MAT, the process will differ depending on the value of the work. Use this outline of the ways school can make a procurement
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Buying for schools - a summary from the DfE guidance
The Department for Education has published updated guidance on buying for schools. Alex Masters offers a summary of the key things you need to know
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Value for money

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