Editing HM Treasury (section)

==Guidance==
The Treasury publishes cross-government guidance including ''Managing Public Money'' <ref>H M Treasury, [https://www.gov.uk/government/publications/managing-public-money Managing Public Money], last updated 3 June 2021, accessed 19 December 2021</ref> and ''The Green Book: Central Government Guidance on appraisal and evaluation'', current version dated 2020.<ref name=green>H M Treasury, [https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/938046/The_Green_Book_2020.pdf The Green Book: Central Government Guidance on appraisal and evaluation], current version dated 2020, accessed 19 December 2021</ref> ''Managing Public Money'' includes a definition of "value for money" and sets out the responsibilities of an Accounting Officer within central government:{{blockquote|Value for money ... means securing the best mix of quality and effectiveness for the least outlay over the period of use of the goods or services bought. It is not about minimising up front prices.<ref>{{cite report |publisher=HM Treasury  |date=May 2021 |isbn=978-1-911680-83-3 |title=Managing Public Money |chapter=Annex 4.6: Procurement |page=94 |url=https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1000670/MPM_Spring_21_with_annexes_080721.pdf |access-date=3 January 2022 |archive-url=https://web.archive.org/web/20220217044753/https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1000670/MPM_Spring_21_with_annexes_080721.pdf |archive-date=2022-02-17}}</ref>}}{{blockquote|The responsibilities of an Accounting Officer [include] responsibility for the propriety and regularity of the public finances for which the Accounting Officer is answerable, for keeping proper records and for safeguarding the department’s assets.<ref>{{OGL-attribution|Government Legal Department, [https://www.gov.uk/government/publications/corporate-governance-report/statement-of-accounting-officers-responsibilities Statement of Accounting Officer’s Responsibilities], published on 9 June 2022, accessed on 29 August 2024}}</ref>}} The Treasury appoints the permanent head of each central government department to be its Accounting Officer.<ref>HM Treasury, [https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1075006/MPM_Spring_21__without_annexes_040322__1_.pdf Managing Public Money], section 3.2.1, published May 2023, accessed on 29 August 2024</ref>

The ''Green Book'' includes the historic five case model, which requires consideration of the policy, economic, commercial, financial and management dimensions of a proposed project.<ref name=green />{{rp|19}}