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blue-check How to calculate costs for making feasibility study report and construction design costs

Official letter No. 962/BXD-KTXD dated March 23rd, 2022 of the Ministry of Construction regarding guidelines for application cost norms of project management and construction investment consultancy
Posted: 6/4/2022 8:17:54 AM | Latest updated: 28/4/2022 4:02:44 PM (GMT+7) | LuatVietnam: 5427
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According to Section 2.2 Chapter II Part II Annex VIII of Circular No. 12/2021/TT-BXD, costs for making feasibility study report of a construction project shall be determined by a percentage norm (%) multiplied by construction costs and equipment costs in the approved preliminary total investment. The percentage norm shall be determined according Table 2.2 enclosed with Circular No. 12/2021/TT-BXD, depending on each type of construction works (regulated at Annex IX of the Decree No. 15/2021/ND-CP).

With regard to construction design costs, they shall be determined according to a percentage norm (%) (promulgated from table 2.4 through table 2.13 enclosed with Circular No. 12/2021/TT-BXD) multiplied by construction costs of each type and grade of construction works in the approved total investment. If a project includes various types, grades of construction works, construction design costs shall be determined according to each construction works.

Ms Phuong Thao (VietlawOnline.com)
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