Valpak use trained economists to appraise and evaluate the economic sustainability of projects. Such appraisals can help identify costly environmental hotspots, improve efficiency and sustainability of projects and understand the costs and implications of environmental decisions.
Calculations involve determining the Net Present Value for any given project based on:
- direct (internal) costs and benefits
- indirect (external) costs and benefits
- continual analysis throughout the project
- discounted figures providing the Net Present Value in today's figures
This tool can also calculate an Internal Rate of Return, which is the point at which the project becomes economically viable. All our cost benefit analyses are carried out in line with The Treasury’s Green Book.