Last edited 27 Nov 2020

Nominal price

The Green Book, Central Government Guidance On Appraisal And Evaluation, Published by HM Treasury in 2020, suggests nominal price: ‘…refers to prices that include inflation they are the actual prices that are paid, or which it is expected will be paid in the future, this is the same price base as is used for public sector budgets.’

[edit] Related articles on Designing Buildings Wiki

Designing Buildings Anywhere

Get the Firefox add-on to access 20,000 definitions direct from any website

Find out more Accept cookies and
don't show me this again