1.

During the implementation of assistance, where a Member State or managing authority envisages the Funds contributing to a major project, it shall inform the Commission in advance and provide the following information: the body to be responsible for implementation; the nature of the investment and a description of it, its financial volume and location; the timetable for implementing the project; a cost-benefit analysis, including financial costs and benefits, a risk assessment and information on the economic viability of the project; plus: in the case of investment in infrastructure: the analysis of the costs and the socio-economic benefits of the project, including an indication of the anticipated rate of use, the foreseeable impact on the development or conversion of the region concerned, and the application of Community rules on public contracting, in the case of investment in production facilities: the analysis of the market prospects in the sector concerned and the anticipated return on the project, the direct and indirect effects on the employment situation, as far as possible in the Community; information allowing an evaluation to be made of the environmental impact and the implementation of the precautionary principle and the principles that preventive action should be taken, that environmental damage should as a priority be rectified at source and that the polluter should pay and compliance with the Community rules on the environment; information needed to assess compliance with competition rules, inter alia rules on State aids; an indication of the influence of the contribution of the Funds on whether the project will be implemented; the financing plan and the total financial resources expected from the contribution of the Funds and any other source of Community finance.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.