The savings will be made across government agencies, NHS boards and councils annually until 2008.
From the financial year 2009, annual savings could rise to £1bn.
Finance minister Tom McCabe, who is pushing for the cut in administration costs, gave assurances that many jobs would be saved, but unions fear the drive could lead to massive redundancies.
Eddie Reilly, the Scottish secretary of the Public and Commercial Services Union, said he wanted ‘assurances’ there would be no compulsory redundancies.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016