Article Details
Discounting is used to compare costs and benefits occurring over different periods of time – it converts costs and benefits into present values. It is based on the concept of time preference: that generally people prefer to receive goods and services now rather than later. If Projects A and B have identical costs and benefits but Project A delivers benefits a year earlier, time preference means Project A is valued more highly. (The Green Book)
Latest News
View AllWe share our top tips on how tender preparation and pre-bid activity can maximise results for a high-quality, competitive bid.
Since 2009, we have supported our clients on hundreds of NHS tenders, achieving key contract wins and allowing them to grow their business.
This week marks the two-year anniversary for six members of the Executive Compass team – one of the largest cohorts of the company to date.