The Ministry of Finance has issued Circular No. 72/2017/TT-BTC stipulating the management and use of revenue from project management activities by investors and project management boards using state budget funds.
According to Circular 72, the investor is responsible for appraising and approving the estimated revenues and expenditures for project management.
The appraisal dossier for the estimated revenues and expenditures for project management includes:
- Approval request document; Investment decision; Decision to approve construction estimates; Decision to establish the Project Management Board (PMB);- Revenue calculation sheet from project management activities according to Form No. 01(i)/DT-QLDA;- Project management revenue estimate according to Form No. 02/DT-QLDA;- Annual salary calculation sheet according to Form No. 03/DT-QLDA;- Decision on assignment of officials and public employees working concurrently, determining the corresponding ratio to the time worked at the PMB;- Annual project management expenditure estimate according to Form No. 04/DT-QLDA.
The appraisal and approval period for the dossier is carried out within 14 working days from the date the investor receives the complete appraisal dossier for the estimated revenues and expenditures for project management according to regulations, and the dossier ensures legality and validity.
Details can be found at Circular 72/2017/TT-BTC, effective from September 15, 2017.
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