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(Haiphong.gov.vn) – To promote the finalization of public investment capital for completed projects, the City People's Committee has just issued a Document requesting Investors, [...]

(Haiphong.gov.vn) – To promote the finalization of public investment capital for completed projects, the City People's Committee has just issued a Document requesting Investors, Project Management Boards and relevant units to prepare, verify and approve the final settlement of public investment capital according to the provisions of Decree No. 99/2021/ND-CP of the Government and Circular No. 96/2021/TT-BTC of the Ministry of Finance.
Accordingly, review investment projects using public investment capital that have been completed, handed over and put into use as of January 1, 2022 and have not yet been finalized; Clearly identify the causes of delayed settlement, specific difficulties and problems of each project, clarify the responsibilities of each relevant unit and individual, on that basis propose handling measures, report to the investment decision maker for consideration and final handling according to regulations.

The City People's Committee directed to focus on resolving outstanding issues and obstacles in the finalization of investment capital for completed projects. (Illustrative photo: Dam Thanh)
For completed projects using public investment capital that have not yet been approved for settlement but the Investor or Project Management Board has changed the organizational structure such as merger or dissolution, the organization or individual receiving or inheriting the work must carry out the settlement work.
The City People's Committee clearly stated that the results of the finalization of public investment capital for completed projects are the basis for assessing the level of task completion, considering emulation and rewarding individuals and groups assigned to monitor, perform the settlement work, and approve the settlement by the Investor, the Project Management Board, the verification agency, and the settlement approval agency.
The City People's Committee will impose penalties on Investors and contractors who violate regulations on acceptance, payment for completed volumes and final settlement of works; Publicize the list of contractors violating the time limit for preparing final settlement documents on the Bidding Newspaper and the national bidding network system to notify Investors and Project Management Boards; Do not let contractors who violate regulations on time for preparing completed project investment capital settlement documents to participate in bidding for new projects or bidding packages...
The City People's Committee assigned the Department of Finance to preside over and work with relevant agencies and units to publicize the list of Investors and Project Management Boards violating the time limit for preparing final settlement reports decided by the City People's Committee on investment on the City Electronic Information Portal.
Assign the People's Committees of districts to publicize the list of Investors and Project Management Boards violating the time limit for preparing final settlement reports for projects decided to invest by district-level People's Committees on the Electronic Information Portal of districts.
The City People's Committee requires departments, branches, districts, and project management boards to focus on directing to complete the settlement of completed projects on time.
Tram Bau