Guidelines for determining estimated construction cost 

This content is mentioned in Circular 11/2021/TT-BXD guiding the determination and management of investment construction costs, effective from October 15, 2021.

Accordingly, the method to determine the estimated construction cost (projects using public investment capital, non-public state capital, PPP projects) is guided as follows:

 - Estimated construction cost is determined as prescribed in Clause 1, Article 4 of Circular 11/2021/TT-BXD.

 - The method of determining the estimated construction cost is guided in Section 1, Appendix II attached to Circular 11/2021/TT-BXD. Cost items include: 

+ Construction costs;

+ Cost of equipment;

+ Project management costs;

+ Consulting costs; 

+ Other expenses;

+ Provisioning cost.

Circular 11/2021/TT-BXD supersedes the following documents: Circular 09/2019/TT-BXD ; Circular 11/2019/TT-BXD ; Circular 14/2019/TT-BXD ; Circular 15/2019/TT-BXD ; Circular 16/2019/TT-BXD ; Circular 18/2019/TT-BXD and Circular 02/2020/TT-BXD.
 

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Viet Australia Auditing Company is an independent auditing organization licensed and established in 2007 in the Socialist Republic of Vietnam.