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But it isn't!! You are doing what Reg et al did and taking an unfamiliar phrase and dumbing it down. Value for money is what I think you want for your taxes. I am assuming you don't want a bad deal? And that should not mean poor quality. Peter is partly right - at the moment there are large areas of public sector organisations devoted to keeping themselves in a job or at least not managing out poor performers - that means you are paying, in your taxes, for poor performers and a bad deal. That in no way implies undercutting the Marines, or any other public sector service - it means getting the best out of them. Quality and value for money are not mutually exclusive even though there are areas of public service that do demonstrate that - that is because they are not well run.
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