Help shape Hertfordshire’s future – have your say on changes to local government

Our communities are in the best place to tell us what’s important to them, so your voice matters. Join us at our resident engagement event in Hertsmere on Monday 8 September from 6pm to 8pm at the Civic Offices, Elstree Way, Borehamwood, WD6 1WA.

Find out more and register your place

Value for money

The term Value for Money (VFM) is used to measure the benefit received from goods or services against the resources used in obtaining them. Providing VFM to our residents is very important to us and when assessing our own arrangements we not only look at the financial cost of goods and services, but we also take into account quality, whole life costs and best value.

In order to maintain good VFM we have in place arrangements for securing economy, efficiency and effectiveness. These arrangements are assessed each year by the external auditor as part of their work on the Use of Resources Judgement and the results ultimately form part of our Comprehensive Area Assessment scores.

In obtaining VFM for our residents it is estimated that we will have managed to save an estimated £1.7m over the period 2008/09 to 2010/11.