Guidance

Green Book Supplementary Guidance: Value for Money

Supplementary guidance to the Green Book, which demonstrates key Green Book concepts and provides illustrative case studies of the steps involved to achieve value for money.

• From: HM Treasury
• Published: 30 March 2022
• Last updated: 18 November 2022 — See all updates

Documents

Green Book Supplementary Guidance: Value for Money

PDF, 322 KB, 12 pages

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Details

This short note shows how the best value for money option is reached when applying the Green Book method. It includes a case study for both the strategic and economic dimensions of the 5 case model, illustrating how these dimensions should be applied in practice. It also includes case studies showing how to handle un-monetisable factors in appraisal, and when it is acceptable to discount a higher BCR option. A simple table to provide advice to senior decision makers on value for money has also been included, please find the green book template and support material.

The Green Book and this supplementary guidance is supported by the wider collection of accompanying guidance and materials.

Published 30 March 2022
Last updated 18 November 2022 + show all updates

1. 18 November 2022

   New link to the Green Book and its collection of accompanying guidance and materials collection page to improve signposting.

2. 30 March 2022

   First published.