Large Goods Vehicles: Safety
(asked on 7th January 2019) - View Source
Question to the Department for Transport:
To ask Her Majesty's Government, further to the Written Answer by Baroness Sugg on 18 December 2018 (HL12016), what value was put on a life lost, or a serious injury, in coming to a decision about retrofitting of safeguards on heavy goods vehicles.
This question was answered on 21st January 2019
The analysis used economic values from official Government and Department for Transport Appraisal Guidance (TAG), Table A 4.1.1: Average value of prevention per casualty by severity and element of cost.
The economic values were approximately £1.6m for a fatal casualty and £0.18m for a serious casualty (2010 prices, 2015 TAG version).