News story
CCS delivers £5.9 billion savings in 2014/15
CCS publishes its first Annual Report and Accounts.
Annual Report and Accounts
The Crown Commercial Service’s first Annual Report and Accounts have been published today. CCS supported the delivery of £5.9 billion savings for the taxpayer in 2014/15. These savings were achieved through a combination of price and demand related savings on common goods and services, leveraging relationships with suppliers and spending controls.
Further statistics and highlights for the year include:
- Spend channelled through centralised arrangements from departments and public sector organisations including health, local government and education of £15.1 billion
- Transitioned spend on common goods and services from seven departments, providing a managed service and managing 450+ contracts
- Provided advisory support to approximately 50 departments’ projects
- Strengthened leadership and governance
- Improved capability and increased capacity – recruitment of highly experienced commercial specialists to deliver better services and superior savings for customers
- Supported departments in channelling 26.1% of central government spend through small and medium sized businesses by May 2015, exceeding 25% aspiration
- Successful implementation of new EU procurement directives 14 months ahead of deadline, enabling businesses to benefit early from the increased flexibilities in the regulations.
Read our Annual Report and Accounts.