10:45 | 05/09/2024

Tasks to be Completed by the Investor after the Conclusion of Construction Investment

I am the investor of the housing construction project. As of now, the project is nearing completion. Could you please advise on what steps I need to take after completing the construction investment?

Based on Article 16 of Decree 99/2015/ND-CP, the regulations are as follows:

Upon the completion of investment in housing construction, the project owner must fulfill the following requirements:

  1. Report to the Department of Construction where the project is located on the project's results; for housing construction projects that require a decision or written approval of the investment policy by the Prime Minister of the Government of Vietnam, the project owner must also send a report to the Ministry of Construction.

  2. Complete the dossiers and documents for archival work in accordance with the Law on Housing, this Decree, and construction laws.

  3. Conduct acceptance testing of the housing works and technical infrastructure, and social infrastructure systems serving the housing needs within the project as prescribed by construction laws.

  4. Transfer technical and social infrastructure works to local authorities or specialized management agencies according to the approved project content or manage them independently according to the approval document or investment policy decision. The handover of housing to users should only be carried out after completing the acceptance and commissioning of the housing works and the social infrastructure serving the housing needs as stated in the approved project content in accordance with construction laws.

  5. Report the settlement in accordance with financial laws.

  6. Complete procedures to request the competent authority to issue certificates for houses within the project scope for the owner in accordance with the Law on Housing, this Decree, and land laws.

  7. Coordinate with local authorities to resolve administrative management issues within the project area.

  8. Organize the management and operation of works that are not required to be handed over to local authorities or specialized management agencies.

  9. Perform other tasks as prescribed by law.

The above are the tasks that the housing project investor must undertake upon completion of the investment, as stipulated by law.

Respectfully!

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