Department For Transport
November 28
10:00
2024
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The framework sets out:
- an approach to monetising the impact an infrastructure scheme has on landscape
- methods to determine the value for money categories
The framework is to be used with:
- transport analysis guidance which recommends how costs and impacts should be assessed in an appraisal
- the Transport business case guide on how the department assesses the overall business case for major investments
- The Green Book for economic appraisal and evaluation of proposals
- the Managing public money guidance on how to consider value for money before committing funds
The previous version of the framework was released in 2017, with an update to the value for money: supplementary guidance on landscape published in July 2021.
TAG provides information on the role of transport modelling and appraisal, and how the transport appraisal process supports the development of investment decisions to support a business case.