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The phrase "administered jointly" is correct and usable in written English.
It can be used in contexts where two or more parties are managing or overseeing something together, such as a project, program, or resource.
Example: "The funds for the community project will be administered jointly by the local government and the nonprofit organization."
Alternatives: "managed collaboratively" or "overseen together".
Exact(42)
Boris Yeltsin agreed that the fleet would be administered jointly for a three-year period.
Badiar National Park, which is administered jointly with Niokolo-Koba National Park in southeastern Senegal, contains savanna and forest.
The fund, which would need Congressional approval, would be administered jointly by the Departments of Labor and of Education.
The family's statement followed reports in the last week that Boogaard was in the substance abuse rehabilitation program administered jointly by the league and the union.
A similar approach has been adopted elsewhere, including rural areas, with the establishment of syndicats intercommunaux that allows services to be administered jointly by several communes.
This plan, the American Federation of Musicians and Employers Pension Fund, is administered jointly by the national musicians' union and some 7,000 employers.
Similar(16)
Though the various networks used to do their own Election Day polling, they now coordinate the surveying through the Voter News Service, an organization they administer jointly with The Associated Press.
"The Sept. 11 charities, including our own Sept. 11 Fund, are focused on the area below Canal Street, where the victims were most directly affected," Mr. Mandell said, referring to the fund the United Way administers jointly with the New York Community Trust.
The agreement frees $117 million from the Health Insurance Stabilization Fund — a fund the city pays into and administers jointly with labor unions — and allows it to flow into the welfare funds of the 100 or so civil service unions affected by the new health insurance restrictions.
The new stadium is a 50/50 partnership between the Giants and Jets, and while the stadium is owned by the New Jersey Sports and Exposition Authority on paper, the two teams jointly built the stadium using private funds, and administer it jointly through New Meadowlands Stadium Corporation.
Under an American-backed peace treaty struck in 2005, northern and southern Sudan agreed to administer Abyei jointly until a referendum could be held to determine whether Abyei would join the north or south.
More suggestions(15)
administered concurrently
delivered jointly
administered simultaneously
administered concomitantly
administered together
administer jointly
administered further
being followed jointly
are applied jointly
been implemented jointly
prepared jointly
addressed jointly
administered collectively
directed jointly
considered jointly
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com