Monday, 12 September 2011

Public assets map could save £7 billion

A project to map publically owned properties has revealed an astonishing amount of potential savings through better asset management.

Last month Communities secretary Eric Pickles unveiled a map of more than 180,000 public buildings as part of a push to rationalise the public sector estate. The map details the locations of buildings owned by almost 600 public bodies and 87 English councils.

Pickles said: “I want the public sector to take a good hard look at what they own. By cataloguing each and every asset councils can help government find innovative new ways to utilise them, improve local services, keep council running costs down and save taxpayers’ money.”

A recent independent report also found that local government and the public sector could save up to £7bn a year in operational costs through better property management.

FIND can map your businesses assets and display them on or your own site

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