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blue-check How to determine a project owner if there are multiple qualified investors

Official letter No. 1040/BXD-QLN dated March 29th, 2022 of the Ministry of Construction regarding bidding – related laws
Posted: 15/4/2022 3:18:37 PM | Latest updated: 28/4/2022 9:00:48 AM (GMT+7) | LuatVietnam: 5437
VietlawOnline

Based on point b clause 1 Article 75 of the Law on Bidding No. 61/2020/QH14status2 and clause 4 Article 1 of the Law on Construction No. 62/2020/QH14, in case partnership of investors wins a bid for a social housing construction project, it may authorize a qualified investor or establish an enterprise to act as the project owner.

Ms Phuong Thao (VietlawOnline.com)
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