It is Government policy that NDPBs should only remain in existence where they can be clearly evidenced as the most appropriate and cost-effective ways of delivering the function in question. They are therefore subject to review every 3 years in line with Cabinet Office (CO) guidelines. The Triennial Review of ICAI was announced by the Secretary of State for International Development on 21 March 2013 and its recommendations were signed off by the Minister for the Cabinet Office on 19 November 2013.
Triennial Reviews have 2 stages. As set out in the Terms of Reference (TOR) for the review, the objectives of Stage One were to:
* verify ICAI’s functions, assess how these functions contribute to the UK Government’s core business and consider whether they are still needed
* where it is concluded that a particular function is still needed, examine how best this function might be delivered
The second stage of the Review considered how far ICAI’s corporate governance arrangements aligned with Cabinet Office’s principles of good governance for Advisory NDPBs. As set out in the TOR, where ICAI’s arrangements were not aligned, an explanation was given as to why an alternative approach had been adopted and how this contributed to good corporate governance.