This section deals with the Management/Implementation and the review requirements post-implementation. It also incorporates the VFM Policy Review initiative and other evaluation requirements into the Public Spending Code.
Value for Money reviews are carried out according to detailed guidelines outlined in the 2007 VFM Guidance manual. These contain useful information about the evaluation framework and related methodologies. Module C4 should be consulted for administrative arrangements concerning terms of reference, steering groups and quality assurance. An updated version of the manual is in preparation and will be published shortly VFM Guidance Manual 2007