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Corporate information
The NS&I boardThe NS&I board consists of executive and non-executive directors and representatives of HM Treasury. Information about members of the board is contained within our Annual Report.
Executive Directors
Non-executive Directors
Board Secretary
Board Responsibilities and terms of reference Back to topNS&I Organisation ChartThis document is a graphical presentation of how NS&I is organised Back to topFramework documentThe Framework Document explains how National Savings and Investments operates. It gives details of how we are managed, our relationship with Government, what our aims are and how our performance is assessed. Click on the link below to download it. The pdf will open in a new window. Back to topService delivery agreementThe Service Delivery Agreement is our contract with the Government. It sets out how we go about meeting our aim of helping to reduce the cost of the nation's borrowing and how our performance is measured. Click on the link below to download it. The pdf will open in a new window. Back to topProcurement procedures & contractsNS&I must follow the European Public Contracts Directive (2004/18/EC) which applies to public authorities including, amongst others, government departments, local authorities and NHS Authorities and Trusts. The Directive set out detailed procedures for the award of contracts whose value equals or exceeds specific thresholds. Details of the thresholds, applying from 1st January 2008 are given as £90,319 for supplies and services and £3,497,313 for works. Thresholds are net of VAT. Internally within NS&I, we have set a threshold of £75,000 at which we competitive tender and advertise through OJEU. OJEU stands for the Official Journal of the European Union (previously called OJEC - the Official Journal of the European Community). This is the publication in which all contracts from the public sector which are valued above a certain financial threshold according to EU legislation, must be published. These can be accessed online at www.tendersdirect.co.uk. A charge will be applicable for accessing this information. Below the OJEU thresholds, NS&I conduct either a formal or informal tender process. These thresholds have been agreed with NS&I’s internal auditors. A list of NS&I contractors with a contract value of £90,000 or more can be accessed here. Back to topAudit Committee terms of referenceThe main responsibility of the Audit Committee is to advise the Accounting Officer and the Board on:
Further information is contained within the NS&I Annual Report and Accounts. Appointments and Remuneration CommitteeThe Committee’s role relates to the pay and performance of senior NS&I staff. Full details of the Committee’s membership, role and senior staff salary entitlements can be found in the NS&I Annual Report and Accounts. Sharia’a compliant savings reviewTo support their objectives for Islamic finance the government requested National Savings and Investments conduct a review of the feasibility of offering a Sharia’a compliant retail product. The findings of this review are contained in the document below. Click on the link below to download it. The pdf will open in a new window.
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