Guidance for DFID country offices on measuring and maximising value for money in cash transfer programmes

This document is a revised edition of Guidance for DFID country offices on measuring and maximising value for money in cash transfer programmes which DFID published in October 2011.

The guidance is in two linked parts:
1. Part 1 provides a toolkit which sets out key concepts and metrics for analysing value for money (VfM) in social transfer programmes. This gives an overview of the steps required, and may be enough for those managing others carrying out VfM analysis.
2. Part 2 comprises explanatory text, providing more detailed guidance on the issues, concepts and approaches used for VfM analysis of social transfers, as well as a range of examples. Part 2 is considered essential reading for those carrying out the analysis.