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Under the auspices of the EU's Cohesion Policy for 2007-13, a managing authority is responsible for the efficient management and implementation of an Operational Programme.
A managing authority may be a national ministry, a regional authority, a local council, or another public or private body that has been nominated and approved by a Member State. Managing authorities are expected to conduct their work in line with the principles of sound financial management.
For each Operational Programme, a managing authority must provide the Commission with an annual implementation report by 30 June each year. They must send a final report by 31 March 2017.
Other key tasks for a managing authority include:
- ensuring that activities selected for funding match the operational programme's criteria
- checking that co-financed products and services are delivered efficiently according to EU and national rules
- recording and storing accounts, and ensuring that a rigorous audit trail exists
- ensuring that an Operational Programme's performance is properly evaluated