Implement sanctions against investors who are late in submitting the 2024 public investment capital settlement

Project to upgrade DT 721 road through Da Huoai district.

Accordingly, the Provincial People's Committee requested the People's Committees of districts and cities to implement sanctions such as: Publicizing the list of investors who are late in submitting final accounts; implementing administrative sanctions against investors who violate the time limit for submitting final accounts.

Publicize the list of contractors violating the time limit for preparing settlement documents on the Bidding Newspaper and the National Bidding Network to notify Project Management Boards and investors and not allow contractors violating the time limit for preparing settlement documents to participate in bidding for new projects and bidding packages.

In addition, review and synthesize the remaining public investment capital that must be arranged for completed projects compared to the approved settlement value or the proposed settlement value or the value of completed and accepted volume; proactively balance and arrange capital for payment according to authority or propose to competent authorities (through the Department of Finance) to prioritize capital arrangement for final payment, avoiding long-term outstanding debts in basic construction.

Directing Project Management Boards and investors to urgently review, prepare, and examine for approval the final settlement of project investment capital for projects that have been handed over and put into use; requesting completion of the approval of the final settlement of the above projects before completing the arrangement and consolidation of the organization of the two-level local government apparatus.

The Provincial People's Committee also requires Project Management Boards and investors to strictly comply with regulations on records, reports, and time for making final settlements; manage and store records in accordance with regulations to ensure records when making final settlements.

For projects using public investment capital that have not completed the documents and settlement documents: It is necessary to clearly identify the reasons for the delay in making the settlement, the specific difficulties and problems of each project, clarify the responsibilities of each relevant unit and individual, on that basis, propose handling measures. Review signed contracts (especially for contracts that have exceeded the implementation period and have not yet settled the contract), work contents not through contracts, based on the provisions of the law on construction (Construction Law and Government decrees, ...) and civil law to coordinate with contractors to handle and resolve outstanding issues within the authority and responsibility of the parties according to the principles of negotiation, conciliation, use of commercial arbitration or filing a lawsuit in court according to the signed contract and the provisions of the law; ...

Source: https://baolamdong.vn/kinh-te/202504/thuc-hien-cac-bien-phap-che-tai-doi-voi-chu-du-tu-cham-nop-quyet-toan-von-dau-tu-cong-2024-d4965e3/