Cost associated with hiring foreign consultants on making plans

11:00, 14/06/2017

This is a notable content specified in Circular No. 05/2017/TT-BXD issued by the Ministry of Construction of Vietnam on April 05, 2017, which details the cost associated with hiring foreign consultants on making plans.

According to Circular No. 05/2017/TT-BXD of the Ministry of Construction of Vietnam, the hiring of foreign consultants on making plan shall be consistent with the regulations on hiring foreign consultants on construction in Vietnam. The cost associated with hiring foreign consultants to make planning shall be determined by cost estimation provided not exceeding the following cost amount:

- If a Vietnamese consulting organization and a foreign consulting specialist is hired to engage in cooperation in making a plan and establishing planning objectives: the cost associated with hiring Vietnamese and foreign consultants must not exceed 1.5 of respective cost standard prescribed in this Circular.

- If a Vietnamese consulting organization and a foreign consulting organization is hired to engage in cooperation in making a plan and establishing planning objectives: the cost associated with hiring Vietnamese and foreign consulting organizations must not exceed 2.5 of the respective cost standard prescribed in this Circular.

- If a foreign consulting organization is hired to carry out the whole task of making of plan and planning objectives: the cost associated with hiring the foreign consulting organization must not exceed 3.5 of the respective cost standard prescribed in this Circular.

View more details at Circular No. 05/2017/TT-BXD of the Ministry of Construction of Vietnam, effective from June 01, 2017.

-Thao Uyen-

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