best value

best value
Gen Mgt
a U.K. government initiative intended to insure cost efficiency and effectiveness in the delivery of public services by local authorities. The best value initiative was announced in early 1997 to replace compulsory competitive tendering (CCT), and pilot schemes in selected local authorities began in April 1998. The Local Government Act of 1999 requires councils, as part of the best value process, to review all services over a five-year period, setting standards and performance indicators for each service, comparing performance with that of other bodies, and undertaking consultation with local taxpayers and service users.

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