Calculating the Expenditures for Revenue Generating Projects (Art. 55)
Kategorie: Zeitraum: PLZ/Ort:
Finanzdienstleister & Versicherungsvermittler
13.05.2013 - 14.05.2013
Practical Seminar, 13th 14th May 2013, Berlin
Revenue generating projects under Art.55 of the Regulation (EC) 1083/2006 are projects that include investments in infrastructure which generate direct incomes (net revenues) for their utilisation. They can involve sale, lease, rental of land or buildings and any other provision of services against payment. If such projects generate revenues, they must be taken into account when determining eligible expenditures.
Regulation (EC) 1341/2008 introduced a simplification for dealing with Art.55 by stipulating that the provision is only valid for projects co-funded by ERDF or Cohesion Fund whose total cost is over 1 million EUR. Furthermore, Regulation (EC) 539/2010 simplified the monitoring of generated revenues.
Many authorities still face considerable difficulties applying Art.55 in the correct way. This often results in a disproportionate amount of administrative work.
At this practical seminar two experienced experts will work together with the participants on:
Future regulations for 2014-2020
When does Art. 55 apply and how to use the 5 step approach
What is defined as revenue, where is revenue generated and how can you assign it
How to estimate revenue and how to correct it if necessary
What to do when the revenue cannot be objectively calculated in advance
How to monitor net-income and refund provisions
How to use forecasting models and calculation methods in practice
All details regarding the programme and the speakers as well as the registration formalities are available here: http://www.euroakad.eu/fileadmin/user_upload/dateien/seminars/Calculating_the_Expenditures_for_Revenue_Generating_Projects_Art_55_PR.pdf