Methodology for Cost-Benefit Analysis - Implementing Act
The objective of this implementing act was presenting a set of working rules to ensure consistency and rigour in the cost benefit analysis of major projects subject to co-financing from the Funds and the assessment of CBA’s in the Commission or appraisal by independent experts. The CBA principles and working rules contained in this act shall be considered as a standard approach for all managing authorities (who commission CBA or undertake them internally), and those involved in the appraisal of major projects. This document has replaced the European Commission Working Document N. 4 adopted for the 2007-2013 period. It followed international best practice and built on the experience gained in project preparation and appraisal during the previous programming periods, while taking into account the new regulatory context for the 2014-2020 programming period.
Client: European Commission, DG Regional and Urban Policy