Cirencester Town Council has launched a new procurement policy in order to reduce its £900,000 procurement budget by £10,000 as well as to increase the council income by £10,000 over the next three years.

This process includes a new procurement and marketing policy, which aims to achieve both cuts in expenditure and increase income through the adjustment of different service areas – such as Corporate, Office, Community and Estates.

The new policy enforces the implementation of a new framework, which aims to minimise expenditure and secure added value. Therefore, the new procurement policy pulls together officers and the council members, which have now to review every spending superior to £25,000 as well as to ensure that every council service is capable of generating profit in order to build on income.

For weekly news updates, subscribe to our email newsletter

Related: Spending Review 2015: The Key Points