Regulations on Settlement of Projects Using Funds of Wards, Communes, Commune-level Towns

Duy Thinh

21:24, 11/07/2024

Recently, the Ministry of Finance has issued Circular 64/2018/TT-BTC amending Circular 09/2016/TT-BTC regulating the final settlement of completed projects funded by State capital.

In this Circular, supplementary regulations are provided for the settlement documentation of completed projects utilizing budget funds from communes, wards, and commune-level towns; including final investment capital settlement report templates attached with related legal documents as per Form No. 15/QTDA and 16/QTDA.

Additionally, the settlement reports must be appraised through two methods:

- The investment decision maker requests the district Finance - Planning Department to appraise the final investment capital settlement report of the completed project, or;- Require the investor to hire an independent audit organization to audit the final investment capital settlement report of the completed project.

If necessary, a Task Force can be established to appraise before approving the settlement report.

Detailed contents are available in Circular 64/2018/TT-BTC effective September 15, 2018.

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