TOTAL EXPENSES FOR THE SUPERVISION CONSULTANCY MUST NOT EXCEED THE NORMS OF CONSTRUCTION SUPERVISION EXPENSES
This content is prescribed in the Circular No. 02/2020/TT-BTC dated January 06, 2020 on providing guidance on the use of funds related to the dredging operations within seaport water under the management of the Ministry of Transport in combination with product recall of the Ministry of Finance.
Accordingly, the investor selected to execute the project shall pay the expenses for the activities of investment preparation and project implementation. After selecting the independent consultant to supervision the implementation of the project contract, the investor, supervision consultancy agency and the Vietnam Maritime Administration shall enter into the contract of 03 Parties to deploy and perform.
In case the Vietnam Maritime Administration organizes to select the supervision consultancy for supporting the supervision, the investor shall transfer the payment to the Vietnam Maritime Administration’s account opened at the State Treasury to pay for the supervision support consultancy activities.
Besides, expenses for the activities of supervision consultancy and supervision support consultancy must be based on the cost norms issued by competent specialized agencies, ensuring the principle of total expenses for the supervision consultancy activities and the supervision support consultancy activities must not exceed the norms of construction supervision expenses set by competent agencies.
This Circular takes effect on February 24, 2020.
