NAO audit framework

Market management & sourcing

3. Has sourcing supported the commercial strategy and followed recognised good practice to optimise VFM?

3.1  Has market management driven long term value for money?

3.2  Was there a defensible process that resulted in the selection of a capable provider?

3.3  Was there optimum use of competitive pressure?

Examples of relevant guidance

NAO good practice contract management framework

11.4 There is ongoing evaluation of emerging technologies and practices, and identification of opportunities from both immediate and parallel market sectors.

11.6 A re-competition strategy and plan is put in place in a timely manner; the contract manager feeds into strategy development for the 'new' procurement process.

Government Commercial Function - Government Commercial Operating Standards Iteration ii

5.1  Early engagement of suppliers.