Guidance

Helping NHS foundation trusts adopt best financial practice

Measures to help NHS foundation trusts adopt best financial practice.

• From: Monitor
• Published: 2 June 2015
• Last updated: 2 June 2016 — See all updates

Applies to England

Documents

Consultancy spending approval process: Initial guidance to NHS foundation trusts

PDF, 120 KB, 6 pages

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Frequently asked questions and guidance for writing business cases

PDF, 206 KB, 9 pages

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Consultancy expenditure business case approval form

MS Word Document, 1.68 MB

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Letter to chairs and chief executives of foundation trusts

PDF, 105 KB, 4 pages

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Details

Monitor has identified 4 main initiatives to help address the challenges faced by the NHS to simultaneously improve quality, meet access targets and drive up productivity.

When buying consultancy services you can find out more information using the links below including identifying the right procurement route and the regulatory context within which to work:

• the current procurement regulations which govern public sector procurement
• the government recommended process for delivering procurement projects: the ‘Lean sourcing process’ and a procurement route decision tree
• the current expenditure thresholds
• the government’s procurement policy notes providing guidance on best practice for public sector procurement

Trusts may wish to seek legal advice where appropriate.

June 2016: update on consultancy business cases

When operating as Monitor we’d intended to publish outcomes of consultancy panel cases. Since becoming part of NHS Improvement we’ve started looking at new arrangements for this and instead will decide on a standardised approach to releasing information only once these are in place.

Published 2 June 2015
Last updated 2 June 2016 + show all updates

1. 2 June 2016

   Added an update on consultancy business cases

2. 23 March 2016

   We've published some additional resources to help providers manage consultancy services.

3. 12 August 2015

   Published engagement document on nursing agency spend.

4. 27 July 2015

   We have published the FAQs and guidance for writing business cases.

5. 2 June 2015

   First published.