{
  "url": "https://openlegislation.uk/eu-regulation-2019-715/article-28",
  "json_url": "https://openlegislation.uk/eu-regulation-2019-715/article-28.json",
  "legislation": "eur/2019/715",
  "legislation_title": "Commission Delegated Regulation (EU) 2019/715 of 18 December 2018 on the framework financial regulation for the bodies set up under the TFEU and Euratom Treaty and referred to in Article 70 of Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2019-715",
  "path": "article/28",
  "kind": "article",
  "number": "28",
  "heading": "Performance and principles of economy, efficiency and effectiveness",
  "text": "1. Appropriations shall be used in accordance with the principle of sound financial management, and thus be implemented respecting the following principles:\n(a) the principle of economy which requires that the resources used by the Union body in the pursuit of its activities shall be made available in due time, in appropriate quantity and quality and at the best price;\n(b) the principle of efficiency which concerns the best relationship between the resources employed, the activities undertaken and the achievement of objectives;\n(c) the principle of effectiveness which concerns the extent to which the objectives pursued are achieved through the activities undertaken.\n2. In line with the principle of sound financial management, the use of appropriations shall focus on performance and for that purpose:\n(a) objectives for programmes and activities shall be established ex ante;\n(b) progress in the achievement of objectives shall be monitored with performance indicators;\n(c) progress in, and problems with, the achievement of those objectives shall be reported to the European Parliament and the Council in accordance with point (d) of the first subparagraph of Article 32(5) and with point (b) of the first subparagraph of Article 48(1).\n3. Specific, measurable, attainable, relevant and time-bound objectives as referred to in paragraphs 1 and 2 and relevant, accepted, credible, easy and robust indicators shall be defined where relevant. The indicators used to monitor the achievement of the objectives shall cover all sectors. The director shall provide the relevant information to the management board annually. It shall be included in the Single Programming Document referred to in Article 32.\n4. The Union body shall carry out a benchmarking exercise referred to in Article 38 of this Regulation.\nThe benchmarking exercise shall include:\n(a) a review of the efficiency of the Union body's horizontal services,\n(b) a cost-benefit analysis of sharing services or transferring them entirely to another Union body or the Commission.\nWhen carrying out the benchmarking exercise referred to in the first and the second subparagraph the Union body shall make necessary arrangements to avoid any conflict of interests.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2019/715/article/28",
    "retrieved_at": "2026-11-01T14:43:26.049454+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}