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Cost-Benefit Analysis (CBA) of EU-Financed Projects: Why and How? New CBA Guide 2014-2020

Date

24 Oct 2016 to 26 Oct 2016

Address

  Barcelona
Spain

Event Type

S - Workshop, course

Section

EU Priorities 2020
Euro & Finance

Event Location

Spain

Event Description

In case you register for the two consecutive seminars on CBA Why and How and CBA Advanced, you will be offered areduction of €200 on the total regular fee.

Target group
Beneficiaries eligible for Structural Funds, Cohesion Fund and IPA II (national, regional and local administrations, NGOs, agencies, SMEs, associations, etc.), managing authorities, certifying authorities, consulting companies and other actors involved in EU funding programmes and projects. 

Description
Decisions regarding investments are always at the core of any development strategy. Local, regional and national development and economic growth depend on quantity and quality of infrastructure, productive capital and its efficiency, human resources, know-how and quality of the institutions involved. Each time such a decision has to be taken, there is a need to analyse costs against benefits of the planned investment.

In order to synchronise requirements regarding methods ofpreparation and assessment of investment projects co-financed by ERDF, CF and IPA II in the framework of the EU Cohesion Policy, the European Commission defines and inserts them in relevant EU regulations*, guides and working documents prepared for the implementation in the programming period 2014-2020. 

One of the most important requirements is the preparation of the Cost-Benefit Analysis (CBA) for all major investment projects eligible for EU funds. At this stage, for projects financed from the programming period 2007-2013 the context of closure of major projects and in respect of the so-called ‘phased projects’ is particularly relevant, i.e. projects for which a first stage is financed from 2007-2013, and the second stage to be financed in 2014-2020 could benefit from a simplified approval procedure provided certain conditions are met.  

The CBA remains one of the most important tools for the investment projects in the programming period 2014-2020, as stated in Regulation 1303/2013 of the European Parliament and of the Council (Art. 101). The European Commission published the NEW Guide to CBA on the 19th of December 2014, with a more methodological approach and new content which will be also presented during the seminar. The most important requirements as regards CBA are now also part of an implementing regulation adopted by the Commission in January 2015.

Learning methodology
Apart from traditional training methods – used only during the first day of the seminar (lectures and presentations, including concrete examples and case studies) – an interactive approach will be applied. Participants will work in small working groups on practical exercises, i.e. case studies with the direct involvement of CBA experts. There will be discussions during question and answer sessions after each practical component.

Objectives
The goal of this intensive three-day practical seminar is to explainWHY Cost-Benefit Analysis (CBA) continues to be one of the most important tools in the programming period 2014-2020, not only for beneficiaries of EU funds, but also for national and regional administrations as the managing authorities and intermediate bodies of EU co-financed programmes in their decision-making process regarding investment projects. 

The questions of HOW to prepare and HOW to assess CBA form the second practical element of this seminar. HOW the European Court of Auditors audits CBA is the third important practical element of the seminar. 

By the end of the seminar, participants will have improved their theoretical and practical knowledge regarding elaboration and assessment of CBAs prepared for EU Structural and Cohesion Funds investment projects, conforming to the DG Regio requirements, including THE NEW Guide to COST-BENEFIT ANALYSIS, general and implementing regulations, etc. 

* Regulation 1303/2013 of the European Parliament and of the Council; (Articles 100-103).

 

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