HM Treasury (1278 bytes)

home | news | site index

 

Capital Modernisation Fund (CMF)

What is the CMF?

The Capital Modernisation Fund was set up in the Comprehensive Spending Review to support capital investment to improve public services. An additional £200 million was added to the Fund for 2000-01 as part of the Budget 2000 announcement to take the total size of the Fund to £2.7 billion over 1999-00 to 2001-02.

The Fund is allocated on a competitive basis and on the following criteria:

  • the extent the project applies genuinely innovative approaches to service delivery;

  • the quality and strength of the economic appraisal of the project;

  • the impact on the efficiency and effectiveness of the service;

  • how far the project contributes to the department’s objectives;

  • how far the project is genuinely additional; and

  • the robustness of arrangements for delivering, managing, accounting, monitoring and evaluating the project.

Capital Modernisation Bidding Guidance 2 July 2001

Details of winning projects

line.gif (378 bytes)

HM Treasury, Parliament Street, London SW1P 3AG UK
Switchboard: +44 (0)20 7270 5000
Public Enquiry Unit: +44 (0) 20 7270 4558
© Crown Copyright | home