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Published

24th April 2026

Knowledge Type

Report

Organisation

, Office for Value for Money

Value For Money Study: Governance And Budgeting Arrangements For Mega Projects

This OVfM report examines the challenges in delivering UK mega projects and outlines five government reforms to improve governance, budgeting, and accountability. These changes aim to reduce delays, strengthen oversight, and enhance value for money across major programmes such as HS2, Sizewell C, and Dreadnought.