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Tianjin has deepened fiscal reform and introduced third-party assessment of expenditure performance

   2026-10-14 NetworkingName1050
Key Point:Tenzin's eight budget lines for this year were submitted to social third parties for evaluation, with funding of 1. 57 billion yuan, covering seven main areas, namely, accessibility, entrepreneurship support, health care and technological upgrading. The approach of the municipal fiscal authority is clear, and the objectivity and impartiality of the past practice of closed-door evaluation is questionable, and external forces must be introduced to

Tenzin's eight budget lines for this year were submitted to social third parties for evaluation, with funding of 1. 57 billion yuan, covering seven main areas, namely, accessibility, entrepreneurship support, health care and technological upgrading. The approach of the municipal fiscal authority is clear, and the objectivity and impartiality of the past practice of closed-door evaluation is questionable, and external forces must be introduced to break down the information barriers so that the evaluation results can really hold。

This reform is based on the idea of a comprehensive deepening of fiscal reform in tianjin. Rather than go through the process to fill out a form, the evaluation was to serve as a direct reference for the improvement of fiscal policy and the organization of future annual budget expenditures, translated into a big white saying: bad rating, next year's budget cuts you, and it's hard for the agency to get it。

What are the areas covered by 1. 570 billion

Eight projects have a wide range of coverage, ranging from the establishment of popular platforms to entrepreneurship support, from health care to technological upgrading, from small and medium-sized micro-enterprise support to the construction of a food base, to the construction of a direct marketing system for agricultural products. These projects have been largely completed this year, and it is now up to someone to sit down and settle the score to see if the money is worth nothing and if there are any white flowers。

Three hard indicators are specifically assessed: whether money is spent above budget, whether it is efficient or not, and whether it is effective or not. In the case of the vegetable base, it is not just the size of the cover, but the price of the food has fallen, the supply has been unstable and the farm household has a few more money。

The third-party threshold is tight

Tianjin specialized in the city financePerformance evaluationIntermediariesManagement schemes, which require institutions to go through five levels at a time: business registration and business continuity for more than three years; no record of violations over the last three years; sound internal management and quality control systems; no fewer than 10 persons holding a senior title or professional qualification; and registration funds of no less than 2 million persons with consulting or audit qualifications, none of which is accessible。

Institutions with experience in performance evaluation are prioritized. The municipal finance board screens on the basis of a combination of institutional qualifications, technical skills and actual project needs, and is available to anyone who does not sign up. One winning bid and the results are of too hard quality and directly into the municipal intermediary pool, with priority given to future years, which is equal to a long-term benefit。

How do we pick out the agency

The municipal finance department has a public collection on the portal, and the headline of the e-mail "registration of intermediaries - xx company" has closed at 1800 hours on 15 july. This was followed by a meeting in which the content of the performance evaluation, the system of indicators, the reporting requirements and the duration of the project were presented in person, together with the agency's specific demands and difficulties in terms of financial requirements and technical support。

Ultimately, the highly competent and efficient organization of government procurement procedures, open tendering or competitive consultations, is selected from the institution of registration. High-quality outcomes after the award are incorporated into the pool of municipal performance evaluation intermediaries and are eligible for priority participation in subsequent years. A job is done later in the year, both as an incentive and as a constraint。

How does the evaluation work

The third party did not go through the material in the office and had to go down. Four approaches were used simultaneously: financial check-ups in the books, in-depth interviews with project stakeholders, first-line data collection through questionnaires and field surveys at running sites. The aim is to ensure that every data is true and that every fact is reliable and that no report is written on the head。

On the basis of solid data, third parties are expected to establish a system of quantifiable performance evaluation indicators that will score project performance against specific indicators. Final output of a performance assessment report, which must be submitted by the end of october. The report does not contain the "overall good" rhetoric, but only the input output ratio, the rate of achievement, and the population satisfaction rate。

Push from pilot to full coverage

Eight projects this time are only a start. The municipal fiscal authority has drawn up a three-step road map: the time dimension, which extends from ex post evaluation only to covering the entire process of budgeting, implementation and monitoring; the scope, which extends from some of the earmarked funding pilots to most of the financial resources suitable for the operation of third parties; and the hierarchy, which sunk from municipal projects to districts, encouraging the introduction of conditional zones to third parties as well。

The training of third-party institutions will also be continuously enhanced and more professional evaluation organizations will be developed, with the aim of developing a long-term mechanism for public expenditure performance control. As a matter of fact, every dollar that the government spends in the future has to be watched, counted, judged and made up by a third party。

Do you think that a $1. 57 billion financial project to be graded by a third party really avoids the old problem of being both an athlete and a referee? You are welcome to share your views in the comment area, and do not forget the compliment and the forwarding。

 
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