Expenditure over £25,000

Details

Last Updated: Wednesday, 16 September 2020 07:18

The Prime Minister wrote to Secretaries of State on 31st May 2010 inviting them to support his drive to improve the transparency of how public funds are used. This section represents the Trust's support of the specific commitment to publish details of expenditure over £25,000.

Definitions

Expenditure, to meet the publication criteria, is all individual invoices, grant payments, expense payments or other such transactions that are over £25,000. Expenditure on paybill is excluded from the scope of these disclosures.

Payments for goods and services, grants to 3rd party providers, grant in aid, expenses, rent and policy related lending should all be included. Credit notes over £25,000, transactions with other government departments or public bodies should also be included. Transactions relating to income or the financing or underwriting of debt may be excluded. This includes interest on swaps, hedge payments, claims on defaulting loan payments, credit default swaps.

Exemptions

In certain situations some, limited, transactions may be redacted or be exempt from publication. There may be some transactions that should not be published as to do so would compromise national security, personal security, foreign relations or contravene the law (e.g. the Data Protection Act). The Trust will be following the same publication and exclusion criteria as the Freedom of Information Act.

Publication Schedule

Spend is to be published monthly, by working day 15 after each month end. If the data is available before working day 15, it should be published as soon as the department has cleared it for release. This data is to be published in individual monthly files, rather than one large file.

Further information is available at http://data.gov.uk/.