Recently, the Ministry of Transport of Vietnam issued Circular No. 10/2020/TT-BGTVT on order placement and bidding for provision of national inland waterway management and maintenance public services utilizing state budget from recurrent funding sources.
According to Circular No. 10/2020/TT-BGTVT of the Ministry of Transport of Vietnam, prices of orders for provision of national inland waterway management and maintenance public services shall only be adjusted in following cases:
- The Government amends wage and salary mechanisms and policies; or
- The Government revises economic technical quota, price and unit price quotas of public services and adjusts number and load of public service orders to be placed; or
- Force majeure as per the law impacts provision of public services.
Agencies and entities assigned to sign contracts for order placement and decide on placing orders for provision of public services shall adjust prices for placing orders for national inland waterway management and maintenance public services after receiving written agreement of Vietnam Inland Waterway Administration; agreement on order price adjustment must comply with the above provisions and the adjusted price must be within annual budget estimates.
Moreover, adjustment of procurement contracts for provision of national inland waterway management and maintenance public services shall comply with the contracts and relevant law provisions.
More details can be found in Circular No. 10/2020/TT-BGTVT of the Ministry of Transport of Vietnam, which takes effect from July 01, 2020.
Thu Ba
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |