Asked by: Mark Hunter (Liberal Democrat - Cheadle)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will update his Department's guidance on Managing Public Money, published in July 2013, to include consideration of social, economic and environmental value when government departments dispose of land assets.
Answered by Danny Alexander
When considering project options, Managing Public Money requires departments to follow the appraisal techniques in the Green book (Appraisal and Evaluation in Central Government). The Green Book describes how the economic, financial, social and environmental assessments of a policy, programme or project should be combined.