Vietnam: Guidelines for determining the cost associated with making adjustments to a plan

The Ministry of Construction of Vietnam issued Circular No. 05/2017/TT-BXD on April 05, 2017, which specifies guidelines for determining the cost associated with making adjustments to a plan.

According to Circular No. 05/2017/TT-BXD of the Ministry of Construction of Vietnam, the cost associated with making adjustments to a plan shall be determined by cost estimation, in particular:

- In case of adjusting a part of the plan: the cost shall be determined according to the work to be adjusted.

- In case of making comprehensive adjustment is necessary but the range of adjustment does not exceed the scope of area and population size of the approved plan, the cost associated with adjusting the regional construction plan, urban master plan, and urban detailed plan must not exceed 70% of the cost associated with making a corresponding new plan; the cost associated with adjusting urban zoning must not exceed 50% of the cost associated with making a corresponding new plan.

- If the range of adjustment exceeds the scope of area and population size of the approved plan, the maximum cost amount associated with adjusting the plan shall not exceed 100% of cost associated with making a corresponding new plan.

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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