THE MINISTRY OF FINANCE
-------
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
------------
No: 23/2002/TT-BTC
Hanoi, March 20, 2002
 
CIRCULAR
GUIDING THE MANAGEMENT AND USE OF INVESTMENT PROJECT MANAGEMENT EXPENSES FROM THE STATE BUDGET SOURCE
Pursuant to the March 20, 1996 State Budget Law, the May 20, 1998 Law Amending and Supplementing a Number of Articles of the State Budget Law and the current guiding documents;
Pursuant to the Investment and Construction Management Regulation issued together with the Government’s Decree No. 52/1999/ND-CP of July 8, 1999, Decree No. 12/2000/ND-CP of May 5, 2000 Amending and Supplementing a Number of Articles of the Investment and Construction Management Regulation issued together with the Government’s Decree No. 52/1999/ND-CP of July 8, 1999;
The Ministry of Finance hereby guides the management and use of investment project management expenses from the State budget source at the investor-units as follows:
Part I
GENERAL PROVISIONS
1. Investment project management expenses are all necessary expenses used by the investors for performing managerial tasks throughout the project investment process.
Investment project management expenses in the investment preparation period are those in service of the management of the activities in the investment preparation period, which are determined on the basis of the work volume suitable to the management requirements and the project size, ensuring the current financial regimes, and already approved by competent authorities.
Investment project management expenses in the project implementation period and the investment conclusion period are those in service of the management of the activities in the project implementation period and the investment conclusion period, which are determined on the basis of the norms of expenses for project management boards as guided by the Ministry of Construction, and already approved by competent authorities.
Click Download to see full text