12:02 | 05/09/2024

Draft Contract of Bidding Documents for Land-Using Investment Projects: What Does it Include?

It is known that the Decree guiding the selection of investors will come into legal effect soon. Therefore, what are the regulations regarding the contents in the draft contract of the project's bidding documents that use land?

Based on Point l Clause 2 Article 47 of Decree 25/2020/ND-CP (effective from April 20, 2020), the draft contract for the bidding documents of investment projects using land includes the following contents:

- Requirements for project implementation, deadlines for land allocation or leasing;

- Land area, land fund;

- Estimated land use fee, land rent;

- The method of land valuation to be used to determine land levy, land rent at the time of land allocation or leasing according to the provisions of land law;

- Input parameters or methods for determining input parameters corresponding to the valuation method;

- Applicable regulations;

- Contract bonuses and penalties;

- Force majeure events;

- Review of the contract during the project operation and other contents.

Sincerely!

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