Managing Authorities and/or Certifying Authorities may designate public/private Intermediate Bodies to carry out specific tasks or manage part of an Operational Programme. Intermediate Bodies shall carry out these activities on behalf of the Managing Authority in relation to the beneficiaries that implement operations. Intermediate Bodies shall ensure solvency, relevant competence, and administrative and financial management capacity. The assignment may be made via written agreement between the Intermediate Body and the Member State or the Managing Authority (a “global grant”).

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