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<p>The House of Commons Commission and the House of Lords House Committee asked for
the independent appraisal of options for restoring and renewing the Palace of Westminster
that was published on 18 June. The IOA does not test value for money as such, because
it is not yet possible to quantify the benefits of the different options in cash terms.
Instead it recommends that value for money should be tested in the course of drawing
up a business case in the next phase. The Commission expects value for money to be
central to the work of the Joint Committee that is to be set up to take this matter
forward.</p>
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