Česky

Anticorruption barometer

Transparent and effective public investment — #99 Cost and benefit analysis

Before anyone decides to carry out a project paid from public funds it is necessary to determine the costs of such project in advance and the benefits which it will bring to citizens for the overall period of its expected existence.

Justification and sources

Update history

date	reason	effectiveness	progression
12/2016 current	The proposal of the Act on management and control of public finances, which is in the Lower Chamber of the Parliament, requires, within the framework of the preliminary assessment of an expenditure operation, that before planned expenditure from the public budget the public need to be satisfied as well its justification be assessed as well as the amount of funds to be expended in the preparatory, realization and operational phase. The obligation to perform the preliminary assessment is, however, dependent – next to the amount to be set by an internal regulation of the authority in question – , on the risk evaluation of the main economists of the same authority, so that the assessment may not be performed in the same way by all public authorities.	Effectiveness 75%	Progression 60%	More
06/2016	The proposal of the Act on management and control of public finances requires, within the framework of the preliminary assessment of an expenditure operation, that before planned expenditure from the public budget the public need to be satisfied as well its justification be assessed as well as the amount of funds to be expended in the preparatory, realization and operational phase. The obligation to perform the preliminary assessment is, however, dependent – next to the amount to be set by an internal regulation of the authority in question – , on the risk evaluation of the main economists of the same authority, so that the assessment may not be performed in the same way by all public authorities.	Effectiveness 75%	Progression 50%	More
08/2015	So far there is no legal measure which would contain the methodology describing the process and the implementation of public investments which could be used by public institutions.	Effectiveness 0%	Progression 10%	More