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Vosa wipes out deficit a year ahead of target

  • 24 July 2014
  • By Ashleigh Wight

Vosa made it back into the black with a £12.3m surplus last year, 12 months ahead of its 2015 turnaround target.
Vosa’s 2013-14 annual accounts, to 31 March 2014, showed it posted a surplus of £12.3m against a forecast of £4m. The surplus saw the agency, now part of the DVSA, meet its 2010 goal of wiping out a £46.6m operational deficit earlier than planned.

DVSA chief executive Alastair Peoples said in his foreword to the report: “This is an exceptional achievement when you take into account the economic climate, increasing costs and no general fee increases since 2009.”

The accounts also reveal the agency’s continuing focus on reducing its testing station estate. Subject to ministerial approval, the DVSA wants to reduce its test sites to 20 by the end of March 2015. It also wants 85% of tests to be carried out at an authorised testing facility (ATF) by the same deadline compared with 80% as of June this year.

In 2013-14, Vosa achieved an overall prohibition rate at targeted checks 27.3% higher than the rate via random checks, although it did not publish figures for the number of prohibitions issued for either targeted or random checks. In 2012-13, it achieved an overall prohibition rate at targeted checks 12.6% higher than the rate via random checks.

DVSA is considering alternative ways of working, including more remote enforcement offices (CM 25 May), to ensure that compliant operators are supported in a “non-disruptive manner”, while ensuring non-compliant operators  are dealt with. So far, operators are finding the approach “very effective”, Peoples said.

  • This story originally appeared in CM 17 July. Make sure you pick up your copy of Commercial Motor at a newsagent or MSA for all the news and the best used truck and trailer deals. Or why not subscribe?

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Article source: http://www.commercialmotor.com:80/latest-news/vosa-wipes-out-deficit-a-year-ahead-of-target