This was the first time a SAR had been used and so we asked the Department and HM Treasury whether they had the skills and experience necessary to successfully deliver the SAR at the outset of the process. The Department told us that despite the exercises and war-gaming to prepare for the SAR, the process was “highly novel, complex, first of 30 Qq 86, 94–95; C&AG’s Report, paras 2.16, 2.19 31 Q 95 32 Q 86; C&AG’s Report, para 2.19 33 C&AG’s Report, para 2.15 34 Q 99 35 Qq 24, 89; C&AG’s Repor...

This was the first time a SAR had been used and so we asked the Department and HM Treasury whether they had the skills and experience necessary to successfully deliver the SAR at the outset of the process. The Department told us that despite the exercises and war-gaming to prepare for the SAR, the process was “highly novel, complex, first of 30 Qq 86, 94–95; C&AG’s Report, paras 2.16, 2.19 31 Q 95 32 Q 86; C&AG’s Report, para 2.19 33 C&AG’s Report, para 2.15 34 Q 99 35 Qq 24, 89; C&AG’s Report, para 2.10, Figure 9, Glossary 36 C&AG’s Report, para 12, 3.2 37 Qq 24, 27, 29, 31 16 Bulb Energy a kind” which meant that it needed expert advice.38 B Type: conclusion | Number: 18 | Response status: accepted Government response: 5.1 The government agrees with the Committee’s recommendation. Target implementation date: Autumn 2024 5.2 UKGI and HM Treasury will work together to review the Government Corporate Finance Profession’s (‘GCFP’ or ‘the Profession’) forward plan to include raising awar