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Public Value Assessment (PVA)

Public Value Test (PVT). Market Impact Assessment (MIA). Public Value Assessment (PVA). The Test has two main components. The PVT itself is the Trust’s judgement based on these. Undertaken by the Trust – a judgement balancing the results of PVA & MIA. 9.

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Public Value Assessment (PVA)

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  1. Public Value Test (PVT) Market Impact Assessment (MIA) Public Value Assessment (PVA) The Test has two main components. The PVT itself is the Trust’s judgement based on these • Undertaken by the Trust – a judgement balancing the results of PVA & MIA 9

  2. Within a PVT, three hurdles must be crossed Public Value Test (PVT) 3rd hurdle Market Impact Assessment (MIA) Economic Value Public Value Assessment (PVA) Crowding Out Fit with Purposes 1st hurdle Quality & Distinctiveness Impact 2nd hurdle Reach Cost and VFM 10

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