To ask the Secretary of State for Transport what explicit monetary value his Department assigns to the value of preventing a fatality calculation during the process of policy appraisal and evaluation.
The value of a prevented fatality used in transport analysis is £1,632,892 (in 2010 prices and at 2010 incomes). The value is given in Table A4.1.1 of the WebTAG (web-based transport analysis guidance) data book:
https://www.gov.uk/government/publications/webtag-tag-data-book-may-2014
Guidance on using it, and related values, is given in TAG Unit A4.1 Social Impact Appraisal:
https://www.gov.uk/government/publications/webtag-tag-unit-a4-1-social-impact-appraisal
Yes2 people think so
No0 people think not
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