Expenditures for developing provincial housing development plan in Vietnam

Expenditures for developing provincial housing development plan in Vietnam (Internet image)

Expenditures for developing provincial housing development plan in Vietnam

According to Article 11 of Circular 05/2024/TT-BXD, the expenditure for developing provincial housing development plan in Vietnam is determined by the following formula:

CKH = CKH1 + CKH2

Where:

(1) CKH: is the total funding level for developing the housing development plan.

(2) CKH1: is the cost of developing the housing development plan, determined by the following formula:

CKH1 = Ccg + Cql + Ck + TL + GTGT

Where:

- Ccg: is the cost for experts to perform the tasks of developing the housing development plan, determined by the following formula:

Ccg = Daily wage rate of experts multiplied (x) by the Standard labor days.

The daily wage rate of experts is determined based on the monthly salary of domestic consulting experts divided by 26 days, as specified in Table No. 04 of Appendix II issued together with Circular 05/2024/TT-BXD.

The required number of experts and the standard labor days for the tasks of developing the provincial housing development plan are specified in Table No. 02 of Appendix II issued together with Circular 05/2024/TT-BXD.

- Cql: is the management cost of the consulting unit, including: costs related to the activities of the management department, operational costs of the consulting organization (management department salaries), office maintenance costs, social costs (social insurance, health insurance, unemployment insurance contributions as per regulations), professional liability insurance, and other related management costs. The management cost of the consulting unit is determined as 25% of the expert cost for task execution.

- Ck: is other costs including travel expenses, accommodation, office supplies, and other reasonable expenses as per regulations, determined according to the Ministry of Finance's guidelines on business travel policies and other costs complying with actual conditions at the time of cost estimation.

- TL: is taxable income determined as 6% of the total expert cost and the management cost of the consulting unit, based on regulations on determining and managing construction investment costs.

- GTGT: is value-added tax determined based on the tax rate for consulting service activities as per regulations.

(3) CKH2: is the cost for the activities of the provincial housing management authority to manage the process of developing the housing development plan, including the following expenses:

- Specialist cost (Ccg) based on the required tasks, number of experts, daily wage rate of experts, and standard labor days for managing activities.

The daily wage rate of experts is determined based on the monthly salary of domestic consulting experts divided by 26 days, as specified in Table No. 04 of Appendix II issued together with Circular 05/2024/TT-BXD.

The number of experts and the standard labor days for managing activities are specified in Table No. 03 of Appendix II issued together with Circular 05/2024/TT-BXD;

- Meeting and conference costs (Chh) determined according to the Ministry of Finance's guidelines on conference policies;

- Other costs (Ck) including travel and accommodation expenses determined according to the Ministry of Finance's guidelines on business travel policies; consulting unit selection costs (if any) as per procurement regulations, and other costs complying with actual conditions at the time of cost estimation.

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