The Government issued Decree 115/2024/ND-CP effective from September 16, 2024, detailing a number of articles and measures to implement the Law on Bidding on selecting investors to implement investment projects using land.
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Photo 1. How are the costs of selecting investors to implement investment projects using land determined? _ Hotline: 0972118764
Pursuant to Article 7 of Decree 115/2024/ND-CP regulating the management of costs and revenue sources in investor selection.
Accordingly, the cost norms for investor selection applicable to cases where competent authorities, interested parties, bidding parties, and appraisal teams directly implement are specifically regulated as follows:
- The cost of preparing the invitation for interest documents and bidding documents is calculated at 0.05% of the total investment capital but not exceeding VND 200,000,000 (two hundred million);
- The cost of appraisal for each content of the invitation for bid documents and the results of investor selection is calculated at 0.02% of the total investment capital but not exceeding VND 100,000,000 (one hundred million);
- The cost of evaluating project registration documents and bidding documents is calculated at 0.03% of the total investment capital but not exceeding VND 200,000,000 (two hundred million);
- In case of reorganizing the selection of investors, the cost of preparing documents inviting interest, bidding documents; appraising bidding documents is calculated at a maximum of 50% of the cost level already implemented for the cost contents specified in Point a and Point b, Clause 1, Article 7 of Decree 155/2024/ND-CP.
In addition, competent authorities, interested parties, bidding parties, and appraisal teams may hire consultants to perform the above tasks in case their personnel are not qualified to perform them. In this case, the cost of selecting an investor is applied as follows:
- The cost is determined based on the content, scope of work, implementation time, capacity, experience of the consultant, salary level according to the provisions of law and other factors;
- In case there is no regulation on salary level for experts, the basis is statistical experience for the costs paid to experts in similar projects implemented within a specified period or in the total investment capital.
Thus, the cost standard for selecting an investor to implement an investment project using land in cases where competent authorities, interested parties, bidding parties, and appraisal teams directly implement the project is specifically regulated as above.
Decree 115/2024/ND-CP takes effect from September 16, 2024.
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