Vietnam: Requirements for consideration of approval of winning bidders of social housing investment

Duc Dung

11:10, 19/08/2021

On August 16, 2021, the Minister of Construction of Vietnam issued Circular 09/2021/TT-BXD elaborating Decree 49/2021/ND-CP and Decree 100/2015/ND-CP on development and management of social housing.

According to Vietnam's Circular 09/2021/TT-BXD, a bid-winning investor is the investor achieving the highest total score of all requirements according to the 100-point scale according to the following provisions:

- Financial eligibility and soundness requirements for implementation of a project: from 20 to 30 points;

- Planning and architectural solution requirements: from 15 to 25 points;

- Requirements concerning investment in technical and social infrastructure: from 10 to 20 points;

If technical and social infrastructure is available for use in a project, all bidding investors will get the maximum score.

- Requirements for professional experience of execution of housing projects: from 5 to 15 points;

- Requirements concerning the schedule of completion and operation of the project: from 5 to 10 points.

In case where total scores of requirements are equal, the investor getting higher scores in requirements arranged in the order prescribed in this clause will be selected according to the principle that, if the earlier requirement has been met by a bidder, the requirements mentioned hereunder will be ignored.

Vietnam's Circular 09/2021/TT-BXD takes effect on October 1, 2021 and replaces Vietnam's Circular 20/2016/TT-BXD dated June 30, 2016.

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