Circular No. 05/2014/TT-BTC stipulates the management and use of revenues from project management activities of investors and project management boards using state budget funds and government bonds.

CIRCULAR

Article 24relating to the management and use of revenues from project management activities of investors and project management boards using state budget funds and reason

government bondsNo.For power plants invested under the Build-Operate-Transfer (BOT) model, n is determined according to the operational period of the power plant stipulated in the BOT contract.

 and capital contrary government bonds

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Pursuant to DecreeNo. Decree No. 60/2003/NĐ-CP dated June 6, 2003 of the Government detailing and guiding the implementation of the Law on State Budget 2002/QH11;duties Decree No. 12/2009/NĐ-CP dated February 12, 2009 on project investment construction management;No. Decree No. 83/2009/NĐ-CP dated September 15, 2009;

Pursuant to the Government Decrees:No. Decree No. 12/2009/NĐ-CP dated February 12, 2009 of the Government on project investment construction management;intention Decree No. 112/2009/NĐ-CP dated December 14, 2009 on construction project investment cost management;No. Based on Decree No. 43/2006/NĐ-CP dated April 25, 2006 of the Government stipulating the rights of self-management and self-responsibility for the performance of tasks, organizational structure,on 3/2013/ND-CP dated November 14, 2013;, amended and supplemented by Decree No. 109/2025/NĐ-CP and Decree No. 193/2025/NĐ-CPPursuant to the Law on Public Investment dated November 29, 2024;No. 1. Accounting vouchers are documents and objects carrying information reflecting completed economic and financial transactions, serving as the basis for recording in accounting ledgers.No. and finance for public service units;intention Decree No. 112/2009/NĐ-CP dated December 14, 2009 on construction project investment cost management;No. The Government stipulates functions, tasks, powers, and organizational structure

Implementing Circular No. 7092/VPCP-KTTH dated September 11, 2012 of the Government Office regarding the salary system of Project Management Boards under the state budget;, amended and supplemented by Decree No. 109/2025/NĐ-CP and Decree No. 193/2025/NĐ-CP Circular No. 10661/VPCP-KTTH dated December 26, 2012 of the Government Office regarding the financial autonomy mechanism for Project Management Boards;June 2024;with Project Management Boards for investment construction projects;

Pursuant to DecreeNo. of the Government detailing the implementation of the Ordinance on fees and charges"b) In addition to the lists of public services issued according to the provisions of Clause 2, Article 4 of this Decree, specialized agencies under provincial People's Committees shall report to the provincial People's Committee for decision-making on amending, supplementing, or issuing the list of public services funded by the state budget within their jurisdiction and consistent with the local budget capacity within the approved budget by the Provincial People's Assembly, and send it to the Ministry of Finance and relevant ministries and sectors for supervision during implementation."At the request of the Director of the Investment Department,, amended and supplemented by Decree No. 109/2025/NĐ-CP and Decree No. 193/2025/NĐ-CP chức của Bộ Tài chính"b) In addition to the lists of public services issued according to the provisions of Clause 2, Article 4 of this Decree, specialized agencies under provincial People's Committees shall report to the provincial People's Committee for decision-making on amending, supplementing, or issuing the list of public services funded by the state budget within their jurisdiction and consistent with the local budget capacity within the approved budget by the Provincial People's Assembly, and send it to the Ministry of Finance and relevant ministries and sectors for supervision during implementation."c) Supplementing point c of Clause 3 as follows:

The Minister of Finance issues this Circular stipulating the management and use of revenues from project management activities of investors and project management boards (hereinafter referred to as PMB) of investment projects using state budget funds and government bonds.No. 1. Scope of Regulation: This Circular regulates the management and use of revenues from project management activities of investors and project management boards (hereinafter referred to as PMB) of investment projects using state budget funds and government bonds.intention fee levelNo.2. Objects of Regulation: Investors, PMBs, organizations, and individuals related to the management, use, inspection, audit, and payment control of revenues from project management activities of investors and project management boards of investment projects using state budget funds and government bonds.No. 3. Consulting enterprises when implementing consulting management project contracts with other investors, PMBs not falling within the scope of regulation of this Circular."b) In addition to the lists of public services issued according to the provisions of Clause 2, Article 4 of this Decree, specialized agencies under provincial People's Committees shall report to the provincial People's Committee for decision-making on amending, supplementing, or issuing the list of public services funded by the state budget within their jurisdiction and consistent with the local budget capacity within the approved budget by the Provincial People's Assembly, and send it to the Ministry of Finance and relevant ministries and sectors for supervision during implementation."for acquisition, reacquisition, or renunciation of Vietnamese nationality.No.Article 2. Revenues from project management activities;

1. Revenues from project management costs, business operation costs for planning preparation, and investment construction consultancy costs within the total investment amount of assigned projects and implemented according to the decision of the competent authority. These revenues are included in the investment costs of corresponding projects. The revenue level is regulated by current construction investment cost management regulations.;

2. Revenues from consultancy service contracts for investment construction provided to other investors (if any) in accordance with laws on investment and construction management. These revenues are not included in the investment costs of assigned projects. The revenue level is determined by the signed contract, not contrary to the law. reason government bondsNo.3. Other revenues: Revenue from selling tender documents and other lawful revenues (if any). These revenues are not included in the investment costs of assigned projects. The specific revenue level does not contravene the law. capital contrary government bonds,

Chapter 1.

GENERAL PROVISIONS

Article 1. Scope and objects regulated

Classification of project management boards

1. Group I: Project Management Board established by the investor to manage one or several projects of the investor and does not meet the conditions stipulated in Clause 2 of this Article (hereinafter referred to as PMB Group I).

2. Group II: Professional Project Management Board established by the Minister, Head of a ministry-level agency, Head of other central agencies, Head of a government agency, Chairman of the People's Committee of a province, Chairman of the People's Committee of a district, and Director of provincial departments to manage multiple projects of investors, by region or field, and meeting the following conditions:

a) Having independent legal personality; having a tight organizational structure and accounting organization in accordance with the Accounting Law;

1. Revenue from project management costs included in the total investment ceiling of projects assigned to manage and implement according to the decision of the competent authority. This cost is determined by preparing a budget or applying the project management cost standards as prescribed by the Ministry of Construction.

b) Having sufficient conditions for project management capacity, consultancy capacity in investment and construction activities; being granted a decision to establish allowing provision of consultancy services for investment construction to other investors in accordance with laws on project investment construction management;

c) Ensuring all operational costs of the unit from project management costs, consultancy activity investment costs of assigned projects; revenues from consultancy management project contracts, consultancy activity investment construction contracts for other investors, and other lawful revenues;

d) Voluntarily developing a proposal, submitting to the competent authority for consideration and decision on the implementation of the financial autonomy mechanism as stipulated in Decree No. 43/2006/NĐ-CP dated April 25, 2006 of the Government stipulating the rights of self-management and self-responsibility for the performance of tasks, organizational structure, staffing, and finance for public service units.

Article 3. 3. Investors, PMB Group I shall implement the preparation and settlement of income and expenditure budgets in accordance with Section 1 Chapter II of this Circular. PMB Group II shall implement the preparation and annual settlement of income and expenditure budgets in accordance with Section 2 Chapter II of this Circular.

1. Group I: Is the Project Management Board established by the investor to manage one or more projects of the investor and does not meet the conditions stipulated in Clause 2 of this Article (hereinafter referred to as Group I PMB).

2. Group II: Is the Professional Project Management Board established by the Minister, Head of a ministerial-level agency, Head of other central agencies, Head of government agencies, Chairman of the People's Committee at provincial level, Chairman of the People's Committee at district level, and Director of provincial departments to manage multiple projects of investors within a certain area or field and meets the following conditions:

a) Having independent legal personality; having a tight organizational structure and accounting organization in accordance with the Accounting Law;

b) Having sufficient conditions for project management capacity, consulting capacity in investment activities, and construction; being granted a decision on establishment allowing it to provide investment and construction consulting services to other investors in accordance with the law on project management for construction works;

c) Self-financing all operational costs from project management fees, consulting fees for investment and construction activities of assigned projects; income from project management consulting contracts, investment and construction consulting contracts for other investors, and other lawful sources of income;

d) Voluntarily developing a proposal, submitting it to the competent authority for consideration and decision on implementing the financial autonomy mechanism as prescribed in Decree No. 43/2006/NĐ-CP dated April 25, 2006 of the Government on the rights of self-management, self-responsibility for the implementation of tasks, organizational structures, staffing, and finance for public service units.

3. The investor and Group I PMB shall implement budget preparation and settlement of revenues and expenditures in accordance with Section 1 Chapter II of this Circular. Group II PMB shall implement annual budget preparation and settlement of revenues and expenditures in accordance with Section 2 Chapter II of this Circular.

Article 4. Accounting System

Investors and project management units shall follow the accounting guidelines applicable to project investors as stipulated in the Circular guiding accounting; including:

1. Revenue from project management activities and investment consulting works under assigned projects, as decided by the competent authority, shall be recorded in the construction investment budget funds of the respective projects.

2. Income from service provision activities through economic contracts and other income shall be recorded as revenue of the project management unit.

Article 5. Transaction Accounts

1. The Project Investor and the Project Management Board (PMB) shall open transaction accounts to reflect revenues and expenditures from project management activities in accordance with the State Budget Law and related laws. For PMBs managing multiple projects, a single joint account may be opened at an investment capital settlement agency to receive revenue from all managed projects.

2. The investment capital settlement agency shall process expenditures from project management activities based on the approved budget estimates by the Project Investor and PMB, the current investment capital disbursement system, financial management regulations, and specific provisions of this Circular.

3. PMBs conducting service activities shall open deposit accounts at banks or state treasuries to reflect revenues and expenditures from such services.

Article 6. Obligations to the State Budget

PMBs earning revenue from selling tender documents and providing consultancy services to other investors and PMBs must register and fully pay all types of taxes, fees, and charges as prescribed by current tax laws; they are exempted or granted tax reductions according to current tax laws.

Article 7. Management and Utilization of Assets

Procurement, management, and utilization of assets for project management shall comply with the State Asset Management and Utilization Law and related laws. Group I PMBs shall follow asset management and utilization regulations applicable to state agencies, while Group II PMBs shall adhere to those applicable to self-financing public service units.

Chapter 2.

SPECIFIC PROVISIONS

PART 1. FOR PROJECT INVESTORS AND GROUP I PROJECT MANAGEMENT BOARDS

Article 8. Preparation of Project Management Revenue and Expenditure Budget Estimates

1. Investors and PMBs managing a single project with a total investment ceiling not exceeding 15 billion VND are not required to prepare and approve project management revenue and expenditure budget estimates; however, they must comply with the expenditure items stipulated in Article 10 of this Circular and not exceed the prescribed management fee rate.

2. Based on the specific conditions of the project, the investor decides whether to prepare and approve a unified budget estimate for both the investor and PMB or separate budget estimates for each entity to facilitate usage.

3. Basis for preparing the budget for project management income and expenditure

a) Investment decision; approval decision for budget estimate; establishment decision for PMB;

b) Revenues as specified in Article 2 of this Circular.

c) Current regulations on management fee rates and investment consulting fees for state-funded projects;

d) Annual salary calculation table for project management staff according to Model No. 03/DT-QLDA attached, clearly listing staff directly involved in project management categorized as: staff receiving project salaries, staff receiving contractual salaries, and staff concurrently managing projects.

đ) Current financial management regulations applicable to state agencies and public service units;

e) Other necessary bases of the project.

4. The budget for project management income and expenditure consists of two parts: Income Budget and Expenditure Budget.

Article 9. Content of Revenue Budget Estimate

1. Determining the sources of revenue to be allocated for each project:

Determining the revenue sources to be recorded in Model No. 01(i)/DT-QLDA - Project Revenue Calculation Table (attached), specifically for each project (i) ranging from 1 to n, as follows:

a) Based on the approved total investment amount of the project and the management fee rate or planning management fee rate published by the competent authority, determine the project management fee or planning management fee (denoted as of_QLDA). In cases where there are no rates specified in published documents or only preparatory work is conducted, the estimate shall be based on the approved budget by the assigning authority. For ODA projects, if the agreement specifies the management fee rate, it shall be followed accordingly.

b) Based on the approved total investment amount of the project and the investment consulting fee rate published by the competent authority, determine the consulting fees for investment and construction implemented by the investor and PMB (denoted as of_TV).

c) Determine specific amounts for project management tasks that require hiring consultants (denoted as of_{c) Determine the specific expenditure levels for tasks within the project management costs that the investor and PMB need to hire consultants to perform (including cases where the investor hires specialized PMBs or regional PMBs to manage the project under a Delegation of Management Contract) (denoted as}).

d) The portion of the project management fund available for use by the investor and PMB throughout the project management period (denoted as G_{QLDA (Investor)}) is determined by the formula:

đ) Specific allocation: portion for the investor's use, portion for the PMB's use. The allocation ratio corresponds to the division of responsibilities between the investor and PMB, decided by the investor after reaching consensus with the PMB based on the task assignment in the PMB establishment decision or task assignment document.

In cases where the investment decision maker assigns the investor to sign a contract with specialized PMBs or regional PMBs to manage the project, the division of project management costs is based on the content, volume, and nature of the project management tasks undertaken by the investor and the PMB, as reflected in the contract between the investor and the PMB after obtaining approval from the investment decision maker.

2. Prepare the annual revenue budget estimate according to Model No. 02/DT-QLDA attached, specifying: Carryover funds from previous years, Revenue from managed projects, Service revenue after deducting payable taxes (if any), Tender document sale revenue, and Other lawful revenue (if any); Total funds available for use, cumulative funds used in previous years, planned funds for use in the current year, and funds for future use.

Article 10. Content of the expenditure budget

The content of the expenditure budget of the project owner and the Project Management Board (BQLDA) is recorded in Form No. 04/DT-QLDA, including the following specific expenditures:

1. Salary expenses:

a) Salary according to the assigned salary fund; long-term contract wages for individuals receiving wages from the project based on the decision of the competent authority and the current regulations of the State on wage systems.

b) Additional income: Based on the total management fee for the project used in the year to prepare the budget and balance expenditures according to the provisions; in cases where other expenditures (excluding salary) are saved, after allocating the 18 items of expenditure in the budget as stipulated in this Article to ensure the correct target and system as prescribed; the project owner and the project management board may allocate additional income to those receiving wages from the project management costs according to the adjustment factor as follows:

- For BQLDA managing construction projects in group B and group C not exceeding 1.1 times the salary fund calculated based on the basic salary applicable to civil servants, public officials, and employees;

- For BQLDA managing important national construction projects and BQLDA managing construction projects with project management group A not exceeding 1.7 times the salary fund calculated based on the basic salary applicable to civil servants, public officials, and employees.

c) The project owner and BQLDA shall establish a regulation on additional income allocation linked to workload, assigned tasks, completion level, ensuring attraction of high-skilled labor, and reasonable correlation with the salaries of civil servants within the same unit; report to the superior management agency for approval before issuing the regulation.

2. Payment for labor services under contracts.

3. Allowances: position, region, attraction, night shift, overtime, hazardous, dangerous, mobile, responsibility, project management allowance, other allowances as prescribed by law.

a) For overtime allowance, compliance with the Labor Code's provisions on working hours, rest periods, and implementing guidelines must be observed.

b) For concurrent project management allowance:

- Civil servants, public officials, and employees assigned to concurrently manage a project at one BQLDA shall receive project management allowance corresponding to the time spent on the project. The maximum monthly concurrent project management allowance for an individual is equal to 50% of their monthly salary and allowances.

- In cases where civil servants, public officials, and employees are assigned to concurrently manage multiple BQLDAs, the concurrent project management allowance is determined proportionally to the time spent on each project, but the total concurrent allowance for all projects shall not exceed 100% of the individual's monthly salary and allowances.

Individuals who have received wages as stipulated in Clause 1 of this Article shall not receive concurrent management allowances as prescribed in this Clause.

4. Reward payments: regular rewards, ad hoc rewards (if any), and related expenses. The amount of reward payment for individuals and groups is regulated in Decree No. 42/2010/NĐ-CP dated April 15, 2010, of the Government detailing the implementation of certain provisions of the Law on Competition and Rewards and the Law Amending and Supplementing Certain Provisions of the Law on Competition and Rewards. The maximum amount allocated for the reward budget is 20% of the total salary fund according to rank and grade of the number of civil servants, workers, and employees in the establishment and approved annual labor remuneration as stipulated in Clause 1, Article 3 of Circular No. 71/2011/TT-BTC dated May 24, 2011, of the Ministry of Finance guiding the establishment, management, and use of the Competition and Reward Fund according to Decree No. 42/2010/NĐ-CP dated April 15, 2010, of the Government detailing the implementation of certain provisions of the Law on Competition and Rewards, and any subsequent amendments and supplements (if any).

5. Collective welfare expenses: vacation pay, leave benefits, regular hardship allowances, ad hoc hardship allowances, medical expenses, regular health check-up fees.

6. Contributions: social insurance, health insurance, unemployment insurance (if any), trade union fees, other deductions for individuals receiving wages from the project based on the decision of the competent authority.

7. Service payment expenses: electricity, water, environmental sanitation, fuel, vehicle allocation, other services.

8. Office supplies purchase expenses: office tools, filing cabinets, desks and chairs, stationery, protective equipment, and other items.

9. Information, propaganda, and communication expenses: telephone charges, postal services, fax, internet, propaganda, advertising, books, newspapers, management materials.

10. Conference expenses.

11. Travel expense reimbursement.

12. Rental expenses: rental of transportation means, office space, various service equipment, hiring of experts and lecturers, retraining of staff, and other rentals.

13. Outbound travel expenses: airfare, train, bus tickets, rental transportation, food, accommodation, incidental expenses.

14. Inbound travel expenses: airfare, train, bus tickets, rental transportation, food, accommodation, incidental expenses.

15. Repair expenses for assets.

16. Expenses for purchasing assets for project management: housing, transportation, fire-fighting equipment, computers, computer software, office machines, other assets.

17. Other expenses: taxes, fees, insurance for assets and transportation, hospitality, others.

18. Reserve: 10% of the budget estimate.

The expenditure standards for the expenses under this Article shall be implemented in accordance with the current regulations applicable to state agencies and public service units.

Article 11. Review and Approval of Project Management Revenue and Expenditure Budget Estimates

1. The project investor shall review and approve the project management expenditure budget estimate. In cases where the Project Management Board manages multiple projects for multiple investors, the direct investor shall establish the Project Management Board to conduct the review and approval of the project management expenditure budget estimate.

2. Documents for submission for the review of the project management expenditure budget estimate:

a) Request for approval; investment decision; decision approving the construction project budget; decision establishing the Project Management Board (BQLDA);

b) Table calculating project management activity revenue according to Model No. 01(i)/DT-QLDA;

c) Annual project management revenue budget according to Model No. 02/DT-QLDA.

d) Table calculating annual salary according to Model No. 03/DT-QLDA;

d) The annual project management expenditure budget estimate according to Model No. 04/DT-QLDA.

3. Content of the review of project management revenue and expenditure budget estimates

a) Review of the content of work, calculation methods, and appropriateness in allocating financial resources for each year in the table calculating project management activity revenue according to Model No. 01(i)/DT-QLDA;

b) Review of the appropriateness in the project management revenue budget table according to Model No. 02/DT-QLDA;

c) Reviewing the appropriateness of the expenditure items in the budget estimate according to Model No. 04/DT-QLDA with current national financial standards, norms, and regulations.

4. The decision approving the annual project management revenue and expenditure budget estimate according to Model No. 01/QĐ-QLDA shall be sent to the Project Management Board, payment agency, and related units for implementation.

5. During the implementation period, the project investor and the Project Management Board may proactively adjust and bear responsibility for adjusting expenditures within the approved annual budget estimate. If the budget is exceeded, it must be reviewed and approved for adjustment and supplementation.

Article 12. Settlement of Project Management Revenue and Expenditure

1. By the latest on February 28 of the following year, upon completion of the annual fiscal period, the project investor and the Project Management Board shall prepare the final settlement report on project management revenue and expenditure for the year according to Model No. 01/QT-QLDA; seek confirmation from the payment agency to serve as the basis for preparing the next year's project management revenue and expenditure budget estimate; there is no need for review and approval of the final settlement.

2. Handling surplus funds annually: For the excess of revenue over expenditure, or for unspent allocated expenditure items, these can be carried forward to be expended in subsequent years; simultaneously, they should be consolidated into Model No. 02/DT-QLDA (Section I - Funds from previous year carried forward) to set up the next year's budget estimate.

3. Upon completion and handover for use of each assigned project, the project management costs, business operation management costs for planning, and investment construction consulting costs for each project shall be settled according to the prescribed extraction ratio (percentage) or the approved budget estimate by the competent authority within the total project investment amount. When managing a single project, the Project Management Board must prepare a final settlement report on project management costs along with expenditure vouchers as stipulated together with the completed project final settlement documents.

PART 2. FOR PROJECT MANAGEMENT BOARDS GROUP II

Article 13. Principles for Implementing Autonomy and Financial Responsibility

1. Completion of assigned tasks. For activities providing investment construction consulting services, they must align with the assigned functions and tasks, match the unit's professional capacity and financial capability, without affecting the main tasks of the unit.

2. Implement transparency and democracy in accordance with the provisions of the law.

3. Exercising autonomy must be linked with accountability before the immediate superior administrative body and the law regarding their decisions; at the same time, they must accept supervision and inspection by state agencies with jurisdiction.

4. Ensure the interests of the State, rights and obligations of organizations and individuals as prescribed by law.

Article 14. Autonomy in Utilizing Financial Resources

1. The financial resources of Group II Project Management Boards are as defined in Article 2 of this Circular.

2. Based on assigned tasks and financial resource capabilities, for the regular expenditure items specified in Clause 1 of Article 15 of this Circular, the Director of Group II Project Management Boards may decide on certain levels of management expenditure and business operation expenditure higher or lower than those stipulated by the competent state authorities according to internal spending regulations.

3. Depending on the nature of the work, the Director of Group II Project Management Boards may decide on cost allocation methods for each subordinate department or unit; Decisions on new construction investments, purchases, and major repairs of assets shall be made in accordance with current regulations.

Article 15. Content of Expenditure

1. Regular expenditure, including: salaries; wages paid to workers under contracts; salary allowances; bonuses (regular bonuses, ad hoc bonuses if any); contributions based on salary; public services; office supplies; information dissemination, communication expenses; conferences; travel expenses; rental costs; entry and exit fees; depreciation of fixed assets; major repairs of assets; taxes required by law and other expenditures as prescribed by regulations.

2. Irregular expenditure, including: investment construction expenditure, procurement of equipment and assets for project management, major repairs of fixed assets; expenditure for implementing staff reduction according to current state regulations (if applicable) and other related expenditures.

Article 16. Salaries, Wages, and Additional Income

1. Salaries, Wages: The cost of salaries and wages for cadres and workers shall be calculated based on the rank and position stipulated by the State.

2. Additional Income: The State encourages Project Management Boards to increase revenue, reduce expenditure, implement staff reduction, and increase additional income for workers based on the completion of assigned tasks, after fulfilling all obligations to the state budget; depending on the financial results of the year, the Project Management Board may decide the total amount of additional income payment for workers not exceeding three times the salary fund calculated based on the basic salary applied to cadres, civil servants, and public officials.

Payment of income to workers within the unit shall be carried out on the principle that those with high work efficiency and significant contributions to increasing revenue and reducing expenditure shall receive more. The Director of the Project Management Board pays income according to the internal expenditure regulation of the unit.

When the State adjusts wage regulations, increases the basic wage level; the additional wage rank, position amount according to the State's system is self-funded by BQLDA from the unit's financial resources.

Article 17. Utilization of Financial Activity Results in the Year

Annually, after covering all expenses, paying taxes, and other payments as prescribed, the excess of revenue over expenditure (if any), the Project Management Board may utilize it in the following sequence:

1. Establishing the Development Activity Fund: 10%;

2. Paying additional income to workers;

3. Establishing the Stable Income Reserve Fund (the level of contribution is decided by the Director of the Project Management Board according to the internal expenditure regulation of the unit);

4. Reward Fund, Welfare Fund. The maximum level of contribution to these two funds shall not exceed three months' average salary, wage, and additional income.

Article 18. Utilization of Funds According to Internal Expenditure Regulations

1. The Development Activity Fund is used to supplement capital for construction of material facilities, procurement of equipment and working tools, and support training to improve skills for cadres and workers.

2. The Stable Income Reserve Fund is used for the following purposes:

a) Advance payment for regular expenditures at the beginning of the year when there is no allocated capital plan, no revenue source, or approved budget estimate. When there is an allocated capital plan, approved budget estimate, or revenue source, repayment will be made to the Stable Income Reserve Fund;

b) Ensuring income for workers.

3. The Reward Fund is used to award periodic and ad hoc rewards to groups and individuals inside and outside the unit based on work performance and contributions to the unit's activities. The level of reward is decided by the Director of the Project Management Board according to the internal expenditure regulation of the unit.

4. The Welfare Fund is used to construct and repair welfare facilities, fund collective welfare activities for workers in the Project Management Board; provide emergency hardship assistance. The Director of the Project Management Board decides on the use of the fund according to the internal expenditure regulation of the unit.

Article 19. Provisions on the preparation and implementation of revenue and expenditure budgets

1. Establishment of revenue and expenditure budget for Project Management Board (BQLDA):

Annually, based on the functions and tasks assigned by the competent authority, the tasks of the planning year, the current financial expenditure system; based on the results of service activities and the financial revenue and expenditure situation of the immediately preceding year, the Project Management Board shall prepare the revenue and expenditure budget for the planning year according to Model No. 01(i), 02, 03/DT-QLDA, 05/DT-QLDA and submit it to the direct superior management agency for approval. The examination and approval of the revenue and expenditure budget shall be carried out in accordance with the provisions of Article 11 of this Circular; the decision approving the revenue and expenditure budget for the project management year shall be made according to Model No. 02/QĐ-QLDA.

2. Implementation of the revenue and expenditure budget:

a) For the operating expenses, during the implementation process, the Project Management Board may adjust the contents of expenditures and groups of expenditure items in the expenditure budget to suit the actual situation of the unit, while submitting them to the direct superior management agency and the payment agency where the unit has its account opened for monitoring, managing, paying, and finalizing accounts. Unspent amounts from the budget can be transferred to the next year for continued spending.

b) For non-operating expenses: when adjusting groups of expenditure items and tasks, unused funds at the end of the year or funds not fully utilized, shall be implemented in accordance with the provisions of the State Budget Law and current guiding documents.

Article 20. Finalization of Revenue and Expenditure

1. At the end of the planning year, the Project Management Board shall prepare the financial report in accordance with the accounting regulations applicable to the project owner units, and simultaneously prepare the finalization report on revenue and expenditure for submission to the direct superior management agency for approval to serve as the basis for preparing the next year's budget.

The annual revenue and expenditure settlement file includes:

a) A request for approval of the settlement;

b) Annual revenue and expenditure settlement report according to Form 02/QT-QLDA;

c) Expenditure vouchers generated during the year.

2. Examination of annual finalization of revenue and expenditure for regular activities:

a) Examination of the distribution of project management costs and investment consulting fees for construction projects over the years and the planning year.

b) Comparison of data in the Annual Revenue and Expenditure Finalization Report for Project Management according to Model No. 02/QT-QLDA with the approved or adjusted budget for the year if any.

c) Review the legality and validity of expense vouchers in accordance with current State regulations;

3. Decision approving the finalization of revenue and expenditure for the year according to Model No. 03/QT-QLDA attached.

4. When each assigned project is completed and handed over for use, the project management costs, business operation management costs for planning, and investment consulting fees for each project shall be finalized according to the prescribed rate (percentage) or the approved budget within the total investment amount of the project by the competent authority.

Chapter 3.

IMPLEMENTATION

Article 21. Responsibilities of Related Units

1. Responsibilities of the Project Owner and Group I Project Management Boards (PMBs):

a) Shall be responsible for the entire management and use of project management costs.

b) Shall implement the preparation of the budget, examination, and approval of the project management cost budget; prepare the finalization report on project management costs, seek confirmation from the payment agency in accordance with the time and content stipulated in this Circular.

2. Responsibilities of the Director of Group II PMBs:

a) Shall be responsible before the direct superior management agency and bear legal responsibility for their decisions regarding the exercise of financial autonomy rights of the unit.

b) Shall develop a plan to implement the self-management and self-responsibility system as prescribed and submit it to the superior agency.

c) Shall establish and implement internal expenditure regulations like those for public institutions that self-fund their operations as stipulated in Decree No. 43/2006/NĐ-CP.

d) Shall organize the implementation of accounting, statistics, and asset management in accordance with the laws, reflecting all revenues and expenditures of the unit in the accounting books in a full and timely manner. Implement the regulations on information and reporting systems for the unit's activities as prescribed.

đ) Shall implement grassroots democracy regulations and financial transparency regulations as prescribed.

3. Responsibilities of the Settlement Agency

a) Shall be responsible for controlling and settling project management investment costs in accordance with the regulations on capital settlement, the current state financial management system, and specific provisions in this Circular.

b) Shall be responsible for verifying and confirming the funds paid in the year, surplus funds according to the budget at Model No. 01/QT-QLDA in the finalization report on project management costs of the project owners and Project Management Boards.

4. Responsibilities of Ministries, Sectors, and Localities

a) Shall decide on the implementation of financial autonomy mechanisms for Project Management Boards meeting the conditions in Group II.

b) Shall regularly inspect the management and use of project management investment costs for projects using state budget funds within their jurisdiction; take measures to handle individuals and units violating project management investment cost management in accordance with the law.

Article 22. Implementation Provisions

This Circular shall take effect 45 days from the date of issuance and replace Circular No. 10/2011/TT-BTC dated January 26, 2011, issued by the Ministry of Finance on the management and use of project management costs for investment projects using state budget funds, and Circular No. 17/2013/TT-BTC dated February 19, 2013, issued by the Ministry of Finance amending Clause 1 of Article 6 of Circular No. 10/2011/TT-BTC dated January 26, 2011, issued by the Ministry of Finance on the management and use of project management costs for investment projects using state budget funds./.