Refer to Prioritisation of activities for information on calculating the BCR and on the resulting rating.
Use of generic or default BCR
No placeholder, generic or default BCRs are to be used.
The Transport Agency reserves the right to require a peer review of cost–benefit appraisal determinations and measures, including any non-monetised/additional benefits and adverse impacts, regardless of the scope, prior to an investment decision.
Insufficient information (L*)
An activity can be included in the NLTP even if a cost–benefit appraisal has not been prepared or if robust evidence is lacking to support the assessment. In such cases the rating for cost–benefit appraisal will default to L (low) for improvement activities. The Transport Agency represents these activities as L* to indicate that more information is required to achieve a robust assessment profile.
An activity with an L* status will not be considered for funding approval.