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RIEPs forecast £900m savings
2010-01-22
The Regional Improvement & Efficiency Partnerships (RIEPs) have forecast £900m of efficiency savings from RIEP investment by 2011. Improvement and Efficiency West Midlands is predicting £175m alone for the region over the next five years.
A report presented to the Local Government Association improvement board said it was necessary to bring forward the timetable for agreeing year three funding of the £185m programme because of the general election.
The report added: “Arrangements have been agreed with CLG for each RIEP to produce an interim annual report in January 2010 to allow ministers to approve funding by the end of the financial year with funding released early in April 2010.”
Officials from the RIEPs team will meet DCLG counterparts on 26 January to make their case for more funding.
The discussions follow pre-Budget report announcing an increase in the target for local authority efficiency savings with £5.5bn needed by the end of March 2011.
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