The Finance and Services Committee is established under Standing Order No 144. It considers expenditure on, and the administration of, services for the House of Commons: it has responsibility for detailed scrutiny of the House's budget.
The Committee:
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prepares, with the assistance of the Management Board, estimates for House of Commons: Administration for submission to the House of Commons Commission;
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monitors the financial performance of the House Administration;
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advises the Commission and the Speaker on the financial and administrative implications of any recommendations made by the Administration Committee.
The Committee has eleven members: in practice including the Chair of the Administration Committee and the Chairman of Ways and Means. It is chaired by a member of the House of Commons Commission. It meets approximately once a month when the House is sitting. Meetings are usually held in private and the Committee is assisted by the Director of Finance and other House staff as appropriate.