1. What are the regulations on construction investment capital rates?
Construction investment capital ratio, according to the provisions of Article 25Decree 10/2021/ND-CP, is a concept that is explained specifically and in detail. It is not just an abstract number, but an important means of measuring the level of investment required for a construction project.
Accordingly, construction investment capital is not only calculated based on area, volume, length, capacity, but also reflects the service capacity of the project according to design. This flexibility in calculation helps ensure that each specific element of the project is carefully considered, while creating a preliminary basis for determining the total construction investment.
Capital rate is not only a number that describes costs but also a factor that determines the investment capacity and performance of the project. In this way, this regulation is not simply a factor in forming investment value but also an effective management tool, helping construction projects be implemented sustainably and effectively.
2. What is the procedure for determining investment capital?
To determine the construction investment capital rate according to the provisions in Subsection 1, Section I, Appendix I of the Method for determining the construction investment capital rate (issued together withCircular 13/2021/TT-BXD), this process is carried out through a specific and organized sequence as follows:
Step 1: First, the process begins by cataloging the type of construction project. At this step, the types of projects will be clearly defined, and the unit of investment capital calculation for each type of project will also be strictly determined.
Step 2: Next, is the step of collecting relevant figures and data. This process requires rigor and completeness in measuring and recording information, including factors related to area, volume, length, capacity, and other technical parameters.
Step 3: After obtaining the data, the next step is to process the data and data to determine the investment rate. This may include methods of calculating, comparing, and evaluating data to provide accurate capital rate parameters.
Step 4: Finally, after determining the capital rate for each type of project, the process of synthesizing the calculation results and compiling the investment capital rate will be performed. This ensures integrity and logic in providing the final total construction investment for the project.
3. What costs are included in the construction investment capital?
According to the provisions of Clause 2, Article 25 of Decree 10/2021/ND-CP, construction investment capital includes a series of specific costs, to fully cover all aspects of the construction project. Specifically, this capital rate is divided into the following main components:
- Construction costs: Includes direct costs related to building construction such as construction materials, labor, and other direct costs.
- Equipment costs: Includes costs related to the procurement, transportation and installation of equipment necessary for the project.
- Project management costs: Includes costs of managing and supervising the construction project implementation process.
- Construction investment consulting costs: Related to costs of experts and consultants participating in the project construction process.
- Some other cost items and value added tax: Includes other costs not falling into the above categories and value added tax for the above costs.
In addition, according to the provisions of Clause 2, Article 11 of Circular 11/2021/TT-BXD, construction investment capital rates are announced annually and add a number of special costs not included in the general regulations, include:
- Compensation, support and resettlement costs: Related to costs related to site clearance, community support and resettlement.
- Loan interest during the construction investment period: Applicable to projects using loan capital.
- Initial working capital for construction investment projects for production and business purposes: Includes capital for business activities of the project.
- Contingency costs for volume, additional work and provisions for price slippage during project implementation: To cope with unexpected fluctuations during project implementation.
- Some costs are specific to each project: Including special costs such as environmental impact assessment, construction quality inspection, and costs of hiring foreign consultants.
These regulations help ensure integrity and detail in determining construction investment capital, while also creating a basis for managing and evaluating project effectiveness.
4. Summary of calculation results and compilation of investment capital ratio when determining construction investment capital ratio, what are the contents?
The process of determining construction investment capital, as described in section 2.4, subsection 2, Section I, Appendix I. Method of determining construction investment capital, according to Circular 13/2021/TT-BXD, including detailed work steps to ensure the accuracy and completeness of the process. Here is a summary of steps 2.3 and 2.4:
Processing data, data and determining investment capital:
- Review cost content: First, review costs by updating, adding or removing cost content according to current regulations and standards for each type of construction and project. . In case there are missing items, supplement them according to construction standards and regulations. Elements and cost items of a separate nature will be eliminated according to the provisions of Clause 2, Article 11 of the Circular to ensure transparency when determining investment capital.
- Update input prices: Next, update input prices to reflect the price level at the time of determining investment capital. In cases where it is not possible to detail the costs of some items, use the construction price index and regional adjustment coefficient (if necessary) to adjust the price level at the time of calculation and location. maths.
- Summarize costs and determine investment capital ratio: Apply the formula S=V/N, in which S is the construction investment capital ratio, V is the total construction investment cost that has been processed and supplemented. addition and correction. N is the scale according to the corresponding measurement units (area/volume/length/capacity/service capacity) with the selected investment capital calculation unit. The investment rate for each type of project is then calculated on average from the investment rate of the calculated projects.
Summary of calculation results and compilation of investment capital rates:
- Explanation and instructions for use: This is a detailed explanation of how to use construction investment capital, providing complete and effective information so readers can apply the information correctly.
- Value of investment capital by group/type of construction: Displays the investment capital for each group or specific type of construction, making it easy to track and compare between different types of construction.
- Other related information (if any): Add relevant information such as special conditions and factors affecting investment capital, helping to ensure sufficient information to decide and manage the project. sentence effectively.
Thus, summarizing the results of calculating and compiling investment capital rates when determining construction investment capital rates includes the following contents:
- Explanation and instructions for use;
- Value of investment capital by group/type of project;
- Other related information (if any).