What are procedures for selection of the investor for the solid waste treatment in Vietnam?

What are procedures for selection of the investor for the solid waste treatment in Vietnam?

Circular 24/2010/TT-BXD regulates the selection of the investor for the solid waste treatment project as follows:

1. Preparation for investor selection:

- Within 30 days from the date the provincial People's Committee announces the investment preparation information publicly as regulated, if any investor registers to participate, the investment preparation committee shall notify the investors and report to the provincial People's Committee to organize the investor selection as regulated.

- The investment preparation committee is responsible for preparing and issuing bidding documents or request for proposal documents. The content of the bidding documents or request for proposal documents shall be prepared in accordance with the current regulations.

- The deadline for receiving bid documents or proposals is 20 days after the expiration of the issuance of bidding documents or request for proposal documents and this is stated in the bidding documents or request for proposal documents.

2. Forms of investor selection:

- Competitive Bidding for investor selection: If the project has more than two investors registered to participate, a bidding process to select the investor is organized in accordance with bidding laws.

- Direct Appointment of Investor under the following cases:

- Urgent projects addressing solid waste treatment decided by the Prime Minister on the basis of proposals from the Ministry of Construction and the provincial People's Committee with the investment preparation committee;

- After the regulated period, only one investor registers to participate, or only one investor proposes the project.

3. Approval of investor selection and project implementation:

- For projects under the approval authority of the Prime Minister: based on the proposal from the provincial People's Committee with the investment preparation committee, the Ministry of Construction is responsible for appraising the selection results and submitting them to the Prime Minister for consideration and approval.

- For projects under the approval authority of the provincial People's Committee: based on the proposal from the investment preparation committee, the provincial People's Committee with the investment preparation committee organizes the appraisal and approval after receiving the consent of the Ministry of Construction.

- Selected investors and relevant organizations and individuals are responsible for implementing the project in accordance with legal regulations on construction investment.

More details can be found in: Circular 24/2010/TT-BXD, effective from February 6, 2011.

Nguyen Phu

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