Application of Regulations on Taxes, Fees, and Charges for EPC Bid Prices

21:44, 10/07/2024

This is one of the prominent contents stipulated in Circular No. 11/2016/TT-BKHDT guiding the preparation of bid documents for design, supply of goods, and construction (EPC).

Applying the regulations on taxes, fees, and charges for EPC bid prices is detailed in Circular 11/2016/TT-BKHDT as follows:

- The bidder’s price must include all necessary costs to perform the bid package, including taxes, fees, and charges. Taxes, fees, and charges are applied according to the tax rates and fee levels as prescribed 28 days before the tender closing date.- When evaluating the price, taxes, fees, and charges are not considered and not included in the comparison and ranking of the bidders. If the bidder is ranked first, the specific costs for taxes, fees, and charges will be determined during the contract negotiation phase. The proposed winning bid price and contract price must include taxes, fees, and charges.

Refer to related regulations in Circular 11/2016/TT-BKHDT effective from October 1, 2016.

- Thanh Lam -

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