DLUHC consultation on changes to the SAB’s cost management process
DLUHC has today launched an 8 week consultation on changes to the Scheme Advisory Board’s cost management process – the process that operates separately from but alongside the quadrennial scheme-level cost management process, which is based upon HM Treasury legislation and directions. The consultation follows the report from the Government Actuary’s Department into changes to the HM Treasury cost management process, and the resulting policy and legislative changes set out in HM Treasury’s response to that report. It acknowledges the differences between these two processes but proposes measures suggested by SAB in its consultation response to better integrate the SAB process within the statutory HMT mechanism. The consultation closes on 24th March 2023 and can be found here.
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