THE PROVISION OF A SCOPING STUDY ON THE VALUATION OF RISKS TO LIFE AND HEALTH : THE MONETARY VALUE OF A LIFE YEAR (VOLY)

Tender description

We are seeking to commission a scoping study to review the case for research and to provide recommendations on critical aspects of methodology, with consideration of the current UK government framework for applying valuations of health risks, which will inform development of any primary research specification. The overarching aims of the research are to: i) assess the need for and feasibility of undertaking new large-scale primary research to update the VOLY, and value of a QALY, used in the UK Government ii) describe the required scale and recommend appropriate methodology required for such a valuation study iii) to review whether and how primary research could address some key aspects of the application of these valuations in practice