Commission Implementing Decision (EU) 2016/1942 of 4 November 2016 on the specifications of the European Investment Project Portal and repealing Implementing Decision (EU) 2015/1214

Technical specifications of the European Investment Project Portal (EIPP), as set out in the Annex, are hereby adopted.

Projects shall be included in the EIPP subject to compliance with the following admission criteria: (a) the project (or the programme consisting of smaller projects) shall have a minimum total project cost of EUR 5000000; (b) the project shall be implemented within the geographical scope of Article 8 of Regulation (EU) 2015/1017 and shall support one or more of the objectives and sectors listed in Article 9(2) of that Regulation; (c) the promoter shall be a legal entity established in a Member State and shall not be subject to insolvency proceedings; (d) the project shall be compatible with Union law and the law of the relevant Member State and shall not entail legal, reputational or national security risks for the Member State or the Commission; (e) the project implementation shall have commenced or shall be expected to commence within three years of the date of submission to the EIPP; (f) the project shall be clearly described in the project application as an investment project and the information provided therein shall be accurate and shall specify the amount of financing necessary for undertaking the project.

An application processing fee of up to EUR 250 per project shall be charged to private project promoters. The State, regional or local authorities, bodies governed by public law as defined in Article 2(1)(4) of Directive 2014/24/EU of the European Parliament and of the Council , associations formed by such authorities or bodies and entities controlled by such authorities or bodies (public project promoters) shall be exempt from payment of the application processing fee. Private project promoters shall also be exempt from payment of the application processing fee in respect of projects which are supported by a public authority of a Member State in pursuit of public investment priorities. The authorising officer responsible may decide in exceptional and justified cases that a private project promoter shall also be exempt from payment of the application processing fee. The revenue derived from the application processing fee shall give rise to the provision of additional appropriations in accordance with Article 21(4) of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council and Article 15(4) of Regulation (EU) 2015/1017.

Implementing Decision (EU) 2015/1214 is repealed.

This Decision shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.