Contracting fears at Futurebuilders

The Futurebuilders investment model could fail unless there is a dramatic change in the way in which charities deal with the public sector on contracts, a report from the organisation warns today.

The report, Is Futurebuilders Working?, calls for an urgent change among public sector commissioners and charity providers in their approach to contracting.

"The unequal commissioning environment ... is a major threat to the success of the Futurebuilders model," the report says.

The commissioning problems mean organisations securing Futurebuilders loans cannot be sure of bringing in the cash to repay the debts, it adds. These payments enable the fund to recycle the cash and award loans.

One group that landed Futurebuilders cash says public sector commissioners "don't know how to buy and we don't know how to sell".

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert Hub

Insurance advice from Markel

Cyber and data security - how prepared is your charity?

With a 35 per cent rise in instances of data breaches in Q2 and Q3 last year, charities must take cyber security seriously

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now