Government Fund for Local Investments – Legal Aspects of Financial Support for Local Government Investment Projects during the COVID-19 Pandemic

The effects of the COVID-19 pandemic in the form of a reduction in the own revenue of local government units and the corresponding reduction in their expenditure, including asset expenditure, were the determining factor for the introduction of extraordinary and temporary mechanisms to minimise this negative phenomenon from 2020. One of such solutions is the Government Fund for Local Investments, separated within the state special-purpose fund - the COVID-19 Counteracting Fund. The aim of this study is to establish the legal status of the Government Fund for Local Investments (Rządowy Fundusz Inwestycji Lokalnych - RFIL). The hypothesis about the temporary nature of this fund and its close relations with the COVID-19 Counteracting Fund has been verified as being true. It has been established that the RFIL does not have its own sources of revenue, and its financial resources are the result of separating a certain amount of funds accumulated in the account of the COVID-19 Counteracting Fund, which means it is, in fact, its sub-fund with clearly defined tasks to be performed. The RFIL-provided support is non-returnable, and its only beneficiaries are local government units. The resources transferred from this fund may only be used for the implementation of investment projects or for meeting asset expenses. The study uses the legal-dogmatic method and, additionally, the statistical analytical method, to present specific numerical values reflecting the importance of the RFIL support in relation to the own revenue of local government units.

Research on Civil Projects among the Participates in Government Investment Projects Based on Rent-Seeking Theory

Government investment project is the focus of the national construction, also is one of main driving force for the development of the national economy, and the amount of money involved is often large, as well as distributed in all parts of the country , therefore it takes an crucial position in the entire national economy. Moreover, from the perspective of the nature, government investment projects and people's work and life are closely related, which is a hotspot that arose widespread concerns in the whole society. The participants in government investment projects mainly include government, authority department and the contractor, and they reverberate through the project. Each participant's behavior will have a significant impact on the project, and behavioral problems in project management occupies increasingly important role, therefore it is significant to strengthen the research on the behavioral risk of project participants. This paper mainly investigates the rent-seeking activities, which would exist between authority department and the contractor, and aims at improving the supervision effect through the game analysis model.