Urgent Disbursement of Funds for Projects Utilizing Public Investment Capital

17:41, 10/07/2024

This is a requirement stated in Directive 02/CT-BXD on accelerating the progress of implementation and disbursement of the public investment capital plan, investment-oriented non-business capital for the year 2018.

For projects utilizing public investment funds, if:

- Completed in 2018, complete the acceptance, payment, and disbursement of funds to the contractors; prepare a finalization report to submit to the Ministry of Construction for verification and approval;- Transitioning to completion after 2018, then urge contractors to accelerate construction progress, complete legal procedures, and accept the completed volume to meet payment conditions for the contractors;- Starting new construction in 2018 or 2019, prepare design documents and cost estimates to submit to the Ministry of Construction before June 2018 as a basis for contractor selection and early commencement of construction. If starting in 2019, submit before October 10, 2018.

More details can be found in Directive 02/CT-BXD issued on March 23, 2018.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn