Performance Auditing of Public Sector Property Contracts

Lori Keating

• Publisher: Routledge
• Year: 2016
• Print ISBN: 9780566089992
• eBook ISBN: 9781317082569
• Topic: Law
• Subtopic: Business General
• Index: Law

PPP/PFI contracts often share a number of features: they run over a very long period of time; they are conceived without a complete understanding of how requirements may change and despite the rhetoric they tend to create a context where dispute and litigation rather than partnership are the norm. In this environment, effective auditing is essential to ensure that projects are delivering what the end-user requires. Audits are both a public sector right, and a matter of good management sense. Performance Auditing of Public Sector Property Contracts is a practical guide to performance auditing for public sector property managers with a series of guidelines for auditors of public sector property contracts. The book concentrates on Facilities Management contracts. Lori Keating explains the basis for the process; how to retain balance, independence and rigour and how to audit intangible performance measures and other tricky areas. The book follows an audit process from commencement to conclusion, and contains a discussion of factors that contribute to the success of any audit. It is essential reading for public sector auditors, PPP project managers and contractors.

Table of contents

• Cover Page
• Title Page
• Copyright Page
• Contents
• List of Figures
• Acknowledgements
• Introduction
• Chapter 1 Key Concepts and Definitions
• Chapter 2 The Need for Performance Auditing
• Chapter 3 Four Basic Audit Constructs
• Chapter 4 The Audit Environment: Setting the Context
• Chapter 5 Audit Techniques
• Chapter 6 Management Issues for Auditors
• Appendix 1: Long-term Monitoring and Management of FM Contracts: Working with a Government Department over Years
• Appendix 2: Basic Audit Models for Individual Service Streams
• Appendix 3: Sources and Bibliography
• Index