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Open Book Contract Management (OBCM) is the scrutiny of a supplier’s costs and margins through the reporting of, or accessing, accounting data. It is often associated with managing and controlling delivery of large, high value, high risk and complex contracts. The Public Accounts Committee report said Government’s current approach to contracting gives too much advantage to contractors and Open Book Accounting should be the norm. The PPN takes effect from 24 May 2016. In scope organisations should begin assessing their contract portfolios by no later than 24 June 2016, and mobilising resources to begin implementing OBCM.