A review of circumstances that led to higher-than-expected expenditure on the RCVS’s new database and development works at Belgravia House has been delivered to council, including recommendations for improvement.
Results of a review into the circumstances that led to higher-than-expected expenditure on the RCVS’s new database and development works at Belgravia House have been delivered to council, which includes a list of recommendations for improvement.
The review was announced by outgoing president Peter Jinman on RCVS Day (July 1, 2011).
The officer team asked Prof Bill McKelvey – a member of the college’s Governance Review Group – and two of the college’s Privy Council-appointed council members to look at all aspects that relate to its budgeting and expenditure process, and propose lessons that should be learned.
At its meeting on November 3, RCVS Council received the report from Prof McKelvey’s group, which included a range of recommendations regarding future IT projects, future capital building projects, reporting mechanisms, project planning and management, and more.
Overall, the report concluded that weaknesses exist in the governance of the RCVS that pose significant risks to the proper conduct of its business.
It states: “Executive staff have not been provided with a robust governance framework by the council, and this has led to a number of unnecessary misunderstandings between executive staff and non-executive members of council. These matters should be urgently addressed by council in order to ensure that the confidence of ordinary members of the profession in their college can be restored.”
RCVS council welcomed the report’s recommendations and agreed to take them on board – although a number of issues had already been under discussion prior to the council meeting.
RCVS president Jerry Davies, said: “That such a review was required is regretted, but I would like to thank Professor McKelvey, Richard Davis and Judith Webb for their diligence in this work. Their recommendations will be a very helpful addition to the work that is currently underway to ensure corporate governance is fit for purpose and, in particular, that the management of capital projects within the college is optimised.”
- The recommendations of the report, which were adopted by RCVS Council, can be downloaded here.