How we are funded

In June 2010 the government announced a drive for greater transparency of data across the public sector. As part of this agenda we are publishing data relating to staffing and financial expenditure over £25,000.

Spending over £25,000

We publish monthly reports with details of spending over £25,000.

Senior staff travel and expenses

For each financial year, we will publish the travel costs and expense claims of OfS senior staff – these are staff at director level and above.

Summary data for individuals is provided under categories of spend such as rail, taxis, hotels. Our travel and subsistence policy sets out the rules and allowances which apply when travelling on OfS business.

Board members’ expenses

For each financial year we will publish summary data for spend relating to attendance at OfS board meetings.

Gifts and hospitality

We publish data on gifts and hospitality provided to senior personnel and board members for each six-monthly period.

Procurement card spending over £500

We publish monthly reports with details of procurement card spending over £500. Procurement cards are by default set with a £500 single transaction limit. Expenditure over this amount is approved on a case by case basis.