Adding a notional value in Pearl What is a Notional Value? The Notional Value is how much 1 UDA is worth in Pounds on you're contract.You can calculate this by dividingAnnual Contract Value in £-------------------------------------Total Contracted UDA'S (UDA Target) Step 1 Open Settings > NHS Setup > Setup Contracts Step 2 Select the Edit button you want to add the notional value for. Step 3 Select the + button on the Notional UDA Value button. Step 4 Fill out the details on this page and add the Notional Value.