| THE MINISTRY OF CONSTRUCTION ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ------------ |
| No: 05/2003/TT-BXD | Hanoi, March 14, 2003 |
CIRCULAR
GUIDING THE ADJUSTMENT OF THE COST ESTIMATES OF CAPITAL CONSTRUCTION WORKS
In furtherance of the Government's Decree No. 03/2003/ND-CP of January 15, 2003 adjusting wages and social allowances and partially renewing wage management mechanism;
Pursuant to the provisions at Point 2, Section II of Circular No. 04/2003/TT-BTDTBXH of February 17, 2003 of the Ministry of Labor, War Invalids and Social Affairs guiding the adjustment of the minimum wage level and allowances in enterprises; On the basis of the adjusted electricity and petroleum prices decided by the competent agencies;
In order to adjust the cost estimates of capital construction works due to the above-mentioned changes in the construction works funded with State budget capital, State-guaranteed credit capital, State's development investment credit capital and development investment capital of State enterprises, prescribed in Articles 10,11 and 12 of the Regulation on Construction and Investment Management, issued together with the Government's Decree No. 52/1999/ND-CP of July 8, 1999, and Clause 4 and Points 2 and 3, Clause 6, Article 1 of the Government's Decree No. 12/2000/ND-CP of May 5, 2000 amending and supplementing a number of articles of the Regulation on Construction and Investment Management, issued together with Decree No. 52/1999/ND-CP; Clauses 4, 5, 6 and 14, Article 1 of the Government's Decree No. 07/2003/ND-CP of January 30, 2003 amending and supplementing a number of articles of the Regulation on Construction and Investment Management, issued together with the Government's Decree No. 52/1999/ND-P of July 8, 1999 and Decree No. 12/2000/ND-CP of May 5, 2000;