As @hmtreasury defined " #PublicValue" in its 2019 framework:
https://www.gov.uk/government/publications/public-value-framework-and-supplementary-guidance
and">https://www.gov.uk/governmen... " #ValueForMoney" in its #GreenBook:
https://www.gov.uk/government/publications/the-green-book-appraisal-and-evaluation-in-central-governent
Who& #39;ll">https://www.gov.uk/governmen... define " #FairValue", given the term usually refers to a market transaction agreed upon by BOTH the seller and the buyer? https://twitter.com/MustBeMistry/status/1316620489981399040">https://twitter.com/MustBeMis...
https://www.gov.uk/government/publications/public-value-framework-and-supplementary-guidance
and">https://www.gov.uk/governmen... " #ValueForMoney" in its #GreenBook:
https://www.gov.uk/government/publications/the-green-book-appraisal-and-evaluation-in-central-governent
Who& #39;ll">https://www.gov.uk/governmen... define " #FairValue", given the term usually refers to a market transaction agreed upon by BOTH the seller and the buyer? https://twitter.com/MustBeMistry/status/1316620489981399040">https://twitter.com/MustBeMis...
As attractive as it may be to assign a #value - i.e. a #price - to people& #39;s data, lasting #trust comes as much from a confidence in (shared) #values as it does in a notional #FairReturn for any, or even every, #transaction.
Also, it& #39;s impossible to calculate " #FairValue" until you know *what& #39;s been done with the data*. You can& #39;t go selling NHS patients& #39; medical histories & #39;by the pound& #39;!
Contracts that fail to recognise and address this critical point are as #malformed as they are #misinformed.
Contracts that fail to recognise and address this critical point are as #malformed as they are #misinformed.