Method for Determining Machine Costs Used in Construction

Methods for Determining the Cost of Construction Machinery Usage

The methods for determining the cost of machinery for use in construction work are specified in Article 5 of Circular 11/2019/TT-BXD. To be specific:

- The sequence for determining the cost of machinery is as follows:

+ Compile a list of construction machinery and equipment;

+ Determine the information and foundational data required to calculate the cost of machinery;

+ Calculate and establish the machinery cost based on the rate of consumption and fundamental data or based on the rental machinery cost.

- Detailed methods for determining the cost of machinery are provided in Appendix No. 1 of this Circular.

- The rate of consumption and fundamental data for determining machinery costs are specified in Appendix No. 2 of this Circular.

Sincerely.