Guidance

Levelling Up Fund Round 2: Small scheme appraisal toolkit user guide

The small scheme appraisal toolkits have been created to provide a proportionate method to monetise the impacts of small highway, bus improvement and maintenance schemes.

• From: Department for Levelling Up, Housing and Communities and Department for Transport
• Published: 13 June 2022

Documents

Small scheme appraisal toolkit user guide

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Small scheme appraisal toolkit

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Local highways maintenance small scheme appraisal toolkit

MS Excel Spreadsheet, 2.16 MB

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Details

The toolkits should only be used for schemes where there is likely to be limited routing or variable demand impacts. Where there are expected to be sizeable routing or demand impacts it is recommended that an appropriate model together with TUBA are used to assess the scheme impacts in line with the guidance in TAG.

The toolkit can provide, for a scheme based on the forecast impacts in the scheme opening year, an estimate of the:

1. Present value of benefits (PVB).
2. Present value of costs (PVC)
3. Benefit cost ratio (BCR).

Published 13 June 2022