Simplified financing for rural development projects

© EU, 2013

A new report by the European Court of Auditors on the use of Simplified Cost Options (SCOs) for rural development projects concludes that while SCOs reduce the administrative burden for both beneficiaries and national authorities, they should be more widely used.
The report reveals that SCOs only constitute a small part of the 2014-2020 spending due to the diverse nature of rural development projects. While SCOs can keep project costs under control, they should be set at the right level and based on a fair, equitable and verifiable methodology.

Publication date: