(Finance) – “In the effort that we all must make for the full realization of the projects, there is a need to deal with the PNRR issue from now on from a “qualitative” rather than “quantitative” perspective of spending, making investments more attractive.” This is what was stated by the president of the National Council of Accountants, Elbano de Nuccio, during his speech in Turin on the final day of the national congress of the category.
“Each project should be defined as if it were a industrial plan, focusing on the planning phase of the investment to be made. In this scenario, the role of accountants can be decisive for the success of the PNRR”.
“Our skills – explained de Nuccio – can be of concrete support in a project certification process on two levels. With the first, we would go into the merits of their financial sustainability or the monetary return on the investment, with beneficial effects for the economic operator and for stakeholders. Very often our productive fabric appears poorly prepared on this side. In his support, the accountants intervene to guide him in the choice of investments which, in the PNRR context, are defined as attractive also in relation to the price dynamics, the execution timetables, the timing of payments by the contracting authorities”.
“With first level certification – he continued – it could also certify the solidity and solvency of the economic operators involved in the implementation of the project, certifying some of the data to be included in the DGUE (Single European Procurement Document), thus eliminating the verification step by the contracting authority, which often involves significant delays between the awarding phase and the actual start of works. Such an intervention, even only pending the full application of the Virtual Dossier of the Economic Operator (FVOE), would make it possible to reduce tender times, which generally represent one of the main critical issues in the construction of public works in Italy”.
The second level of certification hypothesized by de Nuccio “it could be about the impact of the investment in environmental and social terms. According to the principle of proportionality, it is important that the certification has fixed points, but also that it is modeled on the economic specificity of the implementing entity that accesses the funds and on its size. One could therefore think of the certification activity built on the basis of a “standard” model for some aspects, in order to reduce the subjective variable of the evaluation process as much as possible, but at the same time modifiable for others, to adapt it to the specificity of the implementing entity.
“From a more operational point of view – he concluded – the certification could be included among the documentation supporting the information found on the ReGiS portal, in addition, therefore, to the personal, technical and operational information requested from the implementing entity. The additional information, to guarantee the validity of the project, would allow, among other things, to speed up the monitoring and reporting activity, since it would favor