Resource ID: INDIGO-ARES-0124
Link: https://www.greatermanchester-ca.gov.uk/what-we-do/research/research-cost-benefit-analysis/
Alongside the CBA model, we have developed a unit cost database that brings together more than 800 cost estimates into a single place. The entries cover the following thematic areas: crime; education and skills; employment and economy; fire; housing; health; social services; and energy.
Most of the costs are drawn from national sources, including government reports and academic research, all of which have been quality assured by the GMCA Research Team with oversight from relevant central government departments. The costs can be used to inform: financial modelling and CBA; business planning; strategy development; commissioning and decommissioning; and evaluation. They also provide consistent inputs for joint investment, social impact bond and payment by results models.
Impact goal: Housing
Internal/external: External, Internal
Leader: Greater Manchester/ New Economy
Method: Framework agnostic
Output format: Monetary valuation
Scale: Meso
Sourcing: Agnostic, Paid tool, Self driven, Outsource to vendor, Proprietary in house
Time frame: Prospective
Type: Dataset
Used in sectors: Housing, Governance policy, Developed countries
Who: Public sector
INDIGO data are shared for research and policy analysis purposes. INDIGO data can be used to support a range of insights, for example, to understand the social outcomes that projects aim to improve, the network of organisations across projects, trends, scales, timelines and summary information. The collaborative system by which we collect, process, and share data is designed to advance data-sharing norms, harmonise data definitions and improve data use. These data are NOT shared for auditing, investment, or legal purposes. Please independently verify any data that you might use in decision making. We provide no guarantees or assurances as to the quality of these data. Data may be inaccurate, incomplete, inconsistent, and/or not current for various reasons: INDIGO is a collaborative and iterative initiative that mostly relies on projects all over the world volunteering to share their data. We have a system for processing information and try to attribute data to named sources, but we do not audit, cross-check, or verify all information provided to us. It takes time and resources to share data, which may not have been included in a project’s budget. Many of the projects are ongoing and timely updates may not be available. Different people may have different interpretations of data items and definitions. Even when data are high quality, interpretation or generalisation to different contexts may not be possible and/or requires additional information and/or expertise. Help us improve our data quality: email us at indigo@bsg.ox.ac.uk if you have data on new projects, changes or performance updates on current projects, clarifications or corrections on our data, and/or confidentiality or sensitivity notices. Please also give input via the INDIGO Data Definitions Improvement Tool and INDIGO Feedback Questionnaire.