IRRV Alert - week ending 4th June 2021

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Value for Money Standard and Code of Practice (3 June 2021)

Guidance

Value for Money Standard and Code of Practice

This page includes the Value for Money Standard that registered providers of social housing must comply with and the supporting Code of Practice.

From:
Regulator of Social Housing
Published
4 April 2018
Last updated
3 June 2021 — See all updates
Applies to:
England

Documents

Value for Money Standard - April 2018

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Value for Money Standard - April 2018

PDF, 133KB, 3 pages

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Value for Money Code of Practice – April 2018

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Value for Money Code of Practice – April 2018

PDF, 244KB, 8 pages

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Details

The Value for Money Standard is one of three economic standards that the Regulator of Social Housing expects registered providers to comply with. It looks at whether a provider is making the best use of the resources that it has to meet it objectives.

The supporting Code of Practice is designed to help registered providers of social housing understand what the Regulator is looking for when seeking assurance on compliance with the Value for Money Standard. The Code clarifies the Standard by explaining and elaborating on the content. In considering whether the Standard has been met, the regulator will have regard to the Code. It is therefore important that registered providers are familiar with its content. However, it is the Standard rather than the Code that the regulator will enforce against.

All the reports and guidance relating to VfM can be found on the Value for money collections page.

You can view all 3 economic standards and the 4 consumer standards on the regulatory standards page.

Published 4 April 2018
Last updated 3 June 2021 

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