Funding news

29/06/05 - Government bodies slow to hit cost recovery aims

Government funders have made limited progress on full cost recovery since the Treasury cross-cutting review recommended it in 2002, a National Audit Office report warns.

The NAO, which publishes its progress report today on Government funding of the voluntary sector, Working with the Third Sector, says that there is as yet no consensus among government departments on how full cost recovery should be calculated and what should be paid for.

Of the 13 departments included in the NAO survey, only eight were prepared to pay some overhead costs in addition to the direct cost of services.