How does one estimate public net benefits?
The Public: Private Benefits Framework requires an assessment of the public net benefits of a project, not the public net benefits of the environmental asset in question. For an environmental project, estimating public net benefits has at least three components: the value or significant of the environmental asset, the level of threat or damage to that asset, and the technical feasibility of reducing that threat or damage. Ignore the adoptability of works and the cost of the works (at this stage). If you answer all the questions in the Project Assessment Form, INFFER will automatically calculate the public net benefits and use the results to advise of the choice of delivery mechanism and the projects value for money.
