The challenge
So, you’ve pieced together your costs and benefits. Then comes the tricky part: the evidence is from 2019, or 2020, or whenever. The Treasury say social values must be in ‘real’ terms, which means all your costs and benefits need to be adjusted to the same price year, correcting for inflation. And if your estimating impacts in the future, they need to be discounted back to ‘present’ values.
Get this adjustment wrong, and it undermines your entire business case. Get them right and you’ll strengthen it considerably.
Enter Get Real
The Get Real app adjusts your social values in a few clicks. No more scrambling to find the latest inflation measures and discount rates. No wrestling with spreadsheets and fiddly calculations.
Try It Out
Head over to Get Real to give it a spin. Whether you want to quality assure your own values or prepare a large business case, we’ve got you covered.
If you’re new to all this, ask our AI Assistant for advice or drop me a line at [email protected]
