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The Scottish Public Finance Manual (SPFM) is issued by the Scottish Ministers to provide guidance on the proper handling and reporting of public funds.
The purpose of this note is to announce recent amendments to the Scottish Public Finance Manual (SPFM). The amendments are as follows:
The sections on Acquisition of Property, Management of Assets and Disposal of Property, Plant & Equipment have been brought together into a single section Property: acquisition, disposal and management .
The guidance has been consolidated, making it more accessible. Additional information has been added to the chapter and related additional guidance. The guidance is designed to clarify and strengthen the process of disposing of public sector land and buildings.
The key principle of Value for Money is highlighted and that for surplus assets organisations should either:
obtain the best possible price on the open market, or
dispose of an asset at less than Market Value to deliver wider public benefits consistent with the principles of Best Value or
transfer under the Guidelines for the Transfer of Property within the Scottish Public Sector.
Acquisition guidance has brought together the various requirements to be met when analysing and supporting acquisition proposals.
Minor adjustments have been made to the guidance on the qualifications and suitability of professional advisers.
Adding in FGN 2024/03 re the updated AO Spend Control Template and Guidance
Updating the SRO Appointment letter in the documents section to include a point on construction projects in the Annex
Executive agencies model framework document updated.
Non-Ministerial Offices model framework document updated.
Updating the SRO Appointment letter in the documents section to this years dates
Updated link to 'On Board: A Guide for Members of Statutory Boards' within Governance statements chapter.
Updates made to model framework document templates.
Updates made to text within Procurement chapter.
Replaced non-ministerial office model framework document and advisory non-departmental public bodies model framework with updated versions.
Document updated with an additional date - Settlement Agreement supporting documentation - final confirmation of terms
Replaced Non-Ministerial Offices model framework document
Updates to the Settlement, Severance, Early Retirement and Redundancy section. The main section and Annex's A, B C have all been updated along with updated documents and a Finance Guidance Note to explain the changes
Updated the Certificates of Assurance chapter, Annex 2 with the CoA checklist questions for 2023/24 and added a Finance Guidance note outling the changes.
Updates made to proportionate due diligence wording, Accountable Officer tests guidance, risk exposure guidance, public bodies duties, monitoring and management, exit arrangements.
Procurement chapter updated.
Updated 'Major investment projects' paragraph 12 and the SRO appointment letter.
