[S]

sale of property 72

scenarios 6, 33

scoring see weighting and scoring

semi-fixed costs, definition 20

semi-variable costs 20, 32

sensitivity analysis 32-3

additionality assessment 53

adjustments for optimism bias 29

adjustments of operating costs and benefits 86

cost categorisation 20

definition 104

discount rates 99

estimated benefit values 22

leases and rents 72

Monte Carlo analysis inputs 87

reporting results 6

residual values 21

shadow price, definition 105

shortlisting options 5, 19

sites see land and property

SMART targets 13-14

smells 67

social benefit, definition 105

social cost, definition 105

social costs and benefits 19, 69, 70

see also amenity values

social time preference rate (STPR) 26, 27, 97-8, 105

solutions, developing and implementing 5, 37-44

specialist advice 7

Monte Carlo analysis 33

procurement 42

property disposal 72

property valuation 69-70, 71

relative price changes 26

valuation of costs and benefits 20, 21

see also consultation

staff time 20, 59-60

state aids 56

stated preference 23, 57, 57n, 58

definition 105

relative price changes 25

value of a prevented fatality (VPF) 62

see also willingness to pay

step costs 20, 32

strategic impact of proposals 9

structural impacts 52-3

subsidies 21, 70

substitution, definition 53, 105

summary data 4

summary reports 6, 47

sunk costs 20

supply-side impacts 52-3

switching point or switching value 32, 58, 105

systematic risk, definition 105