Government Departments: Procurement
Question
Mike Wood
To ask the Minister for the Cabinet Office, how many investment proposals have been considered by the Cabinet Office Investment Committee since July 2024; how many were approved; how many were rejected or deferred; and what the total whole-life expenditure associated with those approvals was.
Answer
Nick Thomas-SymondsSince July 2024, the Investment Committee has considered a total of 39 business cases. All of these business cases were approved, subject to specific conditions. Spending approvals can specify a range of expected expenditure, and may be lower than the overall whole-life cost of the project. The cumulative approximate whole-life cost of these approved cases amounts to a maximum of £26.91 billion. This includes funding for the Infected Blood Compensation Scheme.