The OFT’s evaluation programme aims to evaluate whether the OFT delivers its objectives cost-effectively, and to help the OFT prioritise, conduct, and follow up its work to maximise its impact.
The OFT’s evaluation team aims to meet two needs:
The programme of work is agreed with both policy committee and the OFT board. The programme covers the full range of OFT work.
Under the OFT's comprehensive spending review settlement with HM Treasury we have agreed to deliver measurable benefits to UK consumers of five times our annual budget over the financial years 2008-11, and 3.5 times the budget for Consumer Direct. Our evaluation programme is tailored to ensure we are able to measure the achievement of the key targets included in the HMT performance framework agreement.
Reflecting the aims highlighted above, the evaluation team also conducts in-depth evaluations of discrete projects, develops frameworks to help project teams estimate impact at both the prioritisation and evaluation stages, and produces research into wider issues related to the impact of our work.
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Positive impact 2009-10
The evaluation team is working towards producing annual estimates of the direct financial benefits arising from its work to be published in July 2011. Building on previous work, we will continue to consider methodological improvements and widening of scope.
Evaluation of Care Homes market study
In fulfilment of our current commitment with HMT to evaluate one market study per year, we are currently working towards producing an in-depth ex-post evaluation of the 2005 Care Homes market study. Working with independent evaluators, we are aiming to publish a final report by April 2011.
Research into wider benefits of competition
As part of our ongoing work to gain a better understanding of the impact of our work, we are undertaking some research on the (wider) benefits of competition policy, with particular emphasis on innovation/ productivity. A discussion paper on these issues will be published by November 2010.
Improving our understanding of the impact of communication and awareness campaigns
We are currently working with the Central Office for Information (COI) to produce a framework that facilitates and improves impact estimation and evaluation of consumer awareness and education interventions and associated behavioural changes.
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