Strengthening coordination, accelerating the settlement of public investment capital (*)

Việt NamViệt Nam23/01/2025


Mr. Le Ngoc Chau, Chairman of the Provincial People's Committee, 1.jpg
Chairman of Hai Duong Provincial People's Committee Le Ngoc Chau inspected a number of public investment projects and works in Chi Linh City (documentary photo)

The People's Committee of Hai Duong province has just held a conference to announce the economic growth scenario and detailed public investment scenario for 2025. At this conference, comrade Vu Van Tung, Director of the Provincial Construction Investment Project Management Board, discussed the difficulties that need to be resolved to speed up the settlement of public investment capital and properly implement the public investment disbursement scenario for 2025. Hai Duong Electronic Newspaper quotes comrade Vu Van Tung's speech below:

The total public investment capital plan for 2024 assigned to the Provincial Construction Investment Project Management Board is VND 3,807,142 billion (capital plan assigned at the beginning of the year was VND 2,311,680 billion). The expected disbursement value in 2024 calculated according to the fiscal year up to January 31, 2025 is about 96%.

In the process of implementing works, projects, and disbursing public investment capital, units encounter many difficulties and obstacles, leading to prolonged project implementation time. Some projects require planning, and the time for planning, submission, appraisal, and approval according to legal regulations takes a long time (from 6 to 8 months). Some projects require architectural design competitions; contractor selection is prolonged due to changes in the provisions of the 2023 Bidding Law. Site clearance is prolonged. Difficulties in material sources (soil, sand)...

In order to successfully implement the 2025 public investment disbursement scenario developed and issued by the Provincial People's Committee to reach 95% or more, the Provincial Construction Investment Project Management Board proposes: For completed projects, it is necessary to strengthen coordination with relevant departments, branches, agencies and units to speed up the settlement work; proactively resolve problems arising in the settlement process; organize the examination of settlement reports with full content according to regulations.

For projects expected to be completed in 2025, focus on completing construction items, completing acceptance, payment and disbursement of capital to contractors. Prepare payment records as soon as the volume of acceptance is available, do not let payment accumulate at the end of the year and do not cause outstanding debts in basic construction.

For transitional projects to be completed after 2025, strengthen urging contractors to speed up construction progress; focus on completing legal procedures; accept completed volume to qualify for payment to contractors.

For newly started projects, promptly prepare and submit for appraisal the design documents, construction drawings and estimates in accordance with regulations; approve and select contractors to promptly implement the project. Closely coordinate with relevant departments, branches, and district-level People's Committees to speed up the progress of compensation, support, resettlement, and early handover of construction sites. Proactively remove difficulties and obstacles in each implementation stage to ensure the progress of construction works. Strictly comply with the provisions of the Bidding Law, ensure the bidding work to select contractors in accordance with the prescribed procedures and time to improve the quality of works and the efficiency of capital use. Resolutely handle contractors who violate the progress according to the terms of the signed contract.

For investment preparation projects, based on the investment policy decided by the competent authority, promptly prepare a feasibility study report and a technical economic report to submit to the competent authority for appraisal and approval in accordance with the prescribed time, order and procedures.

Strengthen inspection and supervision in the field of public investment to contribute to the effective implementation of public investment activities, ensuring compliance with regulations and assigned functions and tasks. Periodically or suddenly organize the review and inspection of slow-progressing projects to remove difficulties and obstacles for each project and construction. Speed ​​up the progress of completing investment procedures and project bidding. Assign specialized staff to closely follow the process of organizing the preparation and appraisal of project documents; carefully inspect and review the quality of documents before submitting them to the appraisal agency, minimizing the need to edit documents due to failure to meet requirements. Synthesize and report on project implementation results and capital disbursement monthly and estimate the disbursement value of the following month. Improve the quality of bidding work, select contractors with full capacity to implement projects to ensure construction quality and follow the prescribed schedule...

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(*) Title by Hai Duong electronic newspaper.

VU VAN TUNG - Director of Hai Duong Province Construction Investment Project Management Board


Source: https://baohaiduong.vn/tang-cuong-phoi-hop-day-nhanh-quyet-toan-von-dau-tu-cong-403414.html

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