Circular 13/2019/TT-BXD: New Appendices for Construction Cost Estimate in Vietnam Promulgated

Illustration (source: internet)

According to regulations in Circular 13/2019/TT-BXD, the construction cost estimate under the projects implementing the national target program for sustainable poverty reduction, the national target program for new rural construction include: construction costs, equipment costs, project management costs, construction investment consulting costs, other costs, and contingency costs.

For the construction survey costs serving the preparation of the Economic-Technical Report or Construction Documents, these are determined by setting up cost estimates according to the guidance in the Construction Cost Estimate Appendix issued with this Circular. In cases where compensation, support, and resettlement costs are required, these will be added to the construction cost estimate.

To be specific, below is the Construction Cost Estimate Appendix:

CONSTRUCTION COST ESTIMATE APPENDIX

(Issued attached to Circular No. 13/2019/TT-BXD dated December 26, 2019, by the Minister of Construction of Vietnam)

Project: .............................................................................................................................

Investor/Project Preparation Agency: .....................................................................................

Project Consulting Unit: .....................................................................................................

Construction Location: .....................................................................................................

Project Preparation Time: month/year

Project Implementation Time: from month/year to month/year

Funding Source: ..............................................................................................................

Type and Grade of Works: .....................................................................................................

Unit: ...

Note: The identification and management of construction investment costs during the transitional period are specified in Clause 1, Clause 2, Article 36 of Decree 68/2019/ND-CP dated August 14, 2019, of the Government of Vietnam on the management of construction investment costs and related guiding Circulars. For the tasks, procurement packages that have already commenced and signed contracts, those will be implemented according to the content of the signed contracts.

More details can be found in: Circular 13/2019/TT-BXD, effective from February 15, 2020.

Thu Ba

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