Companies with govt contracts should be subject to FoI
An influential parliamentary committee says business need to be closely monitored
By Anh Nguyen | Computerworld UK | Published 09:30, 17 May 12
The scope of the Freedom of Information Act (FoI) should be extended to cover private companies – including IT companies – that work on government contracts, according to a public accounts committee (PAC) report.
It follows a vow that deputy prime minister Nick Clegg made last year to widen the scope of the FoI to allow citizens to “hold big institutions and powerful individuals to account – and not only the government”.
In its ‘Department for Work and Pensions: the introduction of the Work Programme’ report, the PAC concluded that there was currently not enough transparency over the financial affairs of companies that work for government.
“We remain of the view that in the interests of transparency, where private companies provide public services funded by the taxpayer, those areas of their business which are publicly funded should be subject to the Freedom of Information Act provision,” the report stated.
Earlier this month, the Cabinet Office revealed changes to FoI, which require public sector departments to not only publish datasets, but make sure that they are available in a re-usable format.
Share:Facebook Twitter Google Plus Stumble Upon Reddit Share This Email this article
Examining how CFOs can improve the way they report back to the boardmore ..
Mobile giant acquires the remaining 11% it did not already ownmore ..
FCA’s review found 73% of firms failed to provide adequate informationmore ..
Rules requiring telcos to retain communications metadata are disproportionate, the court saidmore ..
Litigation funding is a very useful tool for CFOs but not a panacea for all legal mattersmore ..
Corporate governance is a powerful tool in a C-suite executive’s arsenalmore ..