Vietnam: Construction tender estimation bases and approaches according to Circular 09

According to Article 11 of Circular No. 09/2019/TT-BXD of the Ministry of Construction of Vietnam, bases for construction tender estimates shall be regulated as follows: 

- With respect to investment and construction projects with contractor selection plans already approved by competent persons, construction cost estimates may be made on the basis of costs of specific construction bid packages. In this case, costs incurred from construction bid packages shall be determined according to the approach similar to the approach to determination of cost elements of cost estimates prescribed under regulations laid down in Article 10 herein.

- For bid packages carried out before technical designs, construction drawings and FEED designs are approved, tender estimates shall be determined based on the approved total construction investment and in accordance with contractor selection plans and requirements of the bidding documents or requests for proposals.

- For bid packages developed for investment preparation purposes, tender estimates shall be made on the basis of the tasks, work outlines to be performed and cost estimates for the investment preparation work, suitable to contractor selection plan, requirements of bidding documents or request for proposals.

- For turnkey bid packages, the tender estimate shall be determined on the basis of the approved total construction investment appropriate for the pre-feasibility study report, the approved investment policy, preliminary design and scope of bid package according to the approved contractor selection plan, requirements of bidding documents or request for proposal. If the pre-feasibility study report, approved investment policy or preliminary design does not form a sufficient basis to determine the turnkey tender estimate, the project owner/investor must clarify the preliminary design, requirements, regulations and standards applied to the bidding package to determine the costs of the respective bid packages.

Approach to determination of construction tender estimate shall follow the instructions given in the section 2 of Appendix No. 2 hereto.

View more details at Circular No. 09/2019/TT-BXD of the Ministry of Construction of Vietnam, effective from February 15, 2020.

Thu Ba

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