Circular No. 07/2000/TT-BXD guiding the establishment of unit prices for surveying and construction investigation costs and management of such costs

CIRCULAR

q⁼¹

Where:

C_{Vietnamese language domain names}As above

signing and implementing Agreements_{Vietnamese language domain names}The budgeted standard for the ratio of other machines to the main machine for type i survey work; percent.

Type of main machine q = 1, …, n-1, n.

Provincial People's Committees set specific prices_ịqThe budgeted standard number of shifts of the main machine j for one unit volume of type i survey work; shift.

G_qBudgeted cost per shift of machine q (unit price per shift); Vietnamese dong.

The cost per shift includes basic depreciation, major repair depreciation, and regular maintenance costs of the machine and equipment.

2. Common costs (P_{international})

"5. The pre-tax weighted average cost of capital i (%) is determined according to the formula below:_{international} =      C_{Depreciation of fixed assets in year i of the project} xK_pi                                                (6)

Where:

"5. The pre-tax weighted average cost of capital i (%) is determined according to the formula below:_{international}As above

C_{Depreciation of fixed assets in year i of the project}Labor costs (as above)

signing and implementing Agreements_piThe budgeted common cost ratio according to the type of survey work i; calculated at 70%.

3. Prepaid income tax (L_{organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular.}Calculated according to current regulations at 6% of the survey cost.

ANNEX 2

METHOD FOR ESTIMATING THE BUDGETED PRICE OF SURVEY WORK

(Attached to Circular No./2000/TT-BXD dated month day year 2000)

I. THE BUDGETED PRICE OF SURVEY WORK BEFORE TAX IS CALCULATED AS FOLLOWS:                                      _n

D_{organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular.} = ồG_{international}x K_{Number of employees and workers directly involved in the joint venture and association activities of the organization over the last 03 years} + PB + LT

                                                             ⁱ⁼¹

Where:

D_{organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular.}The estimated survey work cost excluding value-added tax; Vietnamese dong.

G_{international}Unit price of type i survey work (according to the survey unit price issued by the province or city where the survey work is carried out); Vietnamese dong.

signing and implementing Agreements_{Number of employees and workers directly involved in the joint venture and association activities of the organization over the last 03 years}Quantity of type i survey work; appropriate physical units.

i: Type of survey work i=1, ..., n-1, n.

PB: Cost of preparing plans and compiling survey result reports.

LT: Campsite costs (if applicable).

Each factor is calculated as follows:

1. Survey unit price (G_{international}): Established according to the guidance method in Appendix 1 attached to Circular No./2000/TT-BXD dated month day year 2000.

2. Quantity of survey work (K_{Number of employees and workers directly involved in the joint venture and association activities of the organization over the last 03 years}): Determined according to the approved survey plan by the competent authority.

3. Costs for preparing plans and compiling survey result reports (PB) are determined as follows:

For construction geological survey work, it is calculated as:

                                                                                                 _n

5% ồ G_{international} x K_{Number of employees and workers directly involved in the joint venture and association activities of the organization over the last 03 years}

                                                 ⁱ⁼¹

For topographic survey work, it is calculated as:

                                                                                                 _n

                                    6%ồ G_{international} x K_{Number of employees and workers directly involved in the joint venture and association activities of the organization over the last 03 years}

                                                 ⁱ⁼¹

4. Campsite costs for construction projects not located in cities or residential areas are calculated as:

                                                                         n

                                    5%ồ G_{international} x K_{Number of employees and workers directly involved in the joint venture and association activities of the organization over the last 03 years}

                                                 i=1

II. BUDGETED PRICE OF SURVEY WORK AFTER TAX (INCLUDING VALUE-ADDED TAX)

                                                Dst= Dt (1+T)

Where:

Dst: Estimated survey work cost after tax; Vietnamese dong.

Dt: As above.

T: Value-added tax rate for survey work according to current regulations, calculated at 10% of the pre-tax estimated survey work cost; Vietnamese dong.