10:20 | 05/09/2024

Determining New Estimation Norms: When?

Could you please inform me, according to the regulations on construction investment cost management, when is it required to determine a new estimation norm?

Clause 1, Article 21 of Decree 10/2021/ND-CP stipulates this content as follows:

The determination of new cost estimates for construction works is implemented for construction activities that have not been regulated or have been regulated but employ new construction technologies, construction methods, and construction conditions that are not yet specified in the construction norms system issued by competent state authorities.

Sincerely!

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