Terms of reference: Chair of the Office for Value for Money
Terms of reference for the appointment of David Goldstone CBE as the independent chair of the Office for Value for Money.
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Terms of reference for the appointment of David Goldstone CBE as the independent chair of the Office for Value for Money.
Updates to this page
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Detail on the OVfM’s budget and spend for 2024-25 is included in HM Treasury’s 2024-25 Annual Report and Accounts (ARA). Alongside this, the OVfM has updated its Terms of Reference to include its 2025-26 budget.
Update history
2025-10-22 12:10
Terms of reference: David Goldstone CBE, independent Chair of the Office for Value for Money chapter 2: Duration updated.
2025-07-21 12:48
Detail on the OVfM’s budget and spend for 2024-25 is included in HM Treasury’s 2024-25 Annual Report and Accounts (ARA). Alongside this, the OVfM has updated its Terms of Reference to include its 2025-26 budget.
2025-03-11 16:29
In the interest of transparency, we are disclosing David’s increased time commitment and updating the OVfM’s headcount.
2024-10-31 11:27
In the interest of transparency, we are disclosing David’s remuneration package on the Terms of Reference.
2024-10-30 17:20
First published.