This advice note has been produced to help promote sound decision making. It provides details of the value for money assessment process that the DfT has developed over many years to assess major transport schemes, including the role of qualitative, quantitative and monetised information.
It shares advice on the use of uplifts and values which have previously been used by the DfT in the assessment of major transport schemes. This note can be used by local decision makers when undertaking a value for money assessments.