A key role for the Council is to secure value for money in the use of public funds.
Further information is given in the 'Value for money strategy' .
This is an exemplar, designed to provide a starting point for institutions to develop their own strategies. With the other funding councils we have set up a UK Value for Money Steering Group . The group commissions studies into aspects of running universities and colleges, and produces reports and good practice guides on how they can get the best value for money. We have carried out six studies to date and a further three are currently under way. Each study involves consultation with and feedback from several institutions and specialists in the particular subject.