Circular No. 54/2002/TT-BTC supplements and amends Circular No. 39/2002/TT-BTC dated April 26, 2002, of the Ministry of Finance, guiding the management and settlement of State budget capital and State credit investment capital for the construction of flood-resilient residential clusters in the Mekong Delta.

Circular No. 54/2002/TT-BTC guides the management and settlement of State budget capital and State credit investment capital for the construction of flood-resilient residential clusters in the Mekong Delta. This Circular amends certain provisions regarding advance payments and recovery of other cost funds as well as the reporting procedures on project implementation status.

문서 번호54/2002/TT-BTC
문서 유형Circular
발행 기관Ministry of Finance
서명자Vũ Văn Ninh — Thứ trưởng
업데이트30. 06. 2026
산업Finance
분야Budget ManagementOtherBanking-Finance and Financial MarketsBonds
발행일25. 06. 2002
발효일25. 06. 2002
효력 만료일
상태In effect
✦ 스마트 요약

Circular No. 54/2002/TT-BTC guides the management and settlement of State budget capital and State credit investment capital for the construction of flood-resilient residential clusters in the Mekong Delta. This Circular amends certain provisions regarding advance payments and recovery of other cost funds as well as the reporting procedures on project implementation status.

핵심 사항

  • Consulting contracts are eligible for an advance payment of 50% of the contract value, with the advance payment to be recovered upon settlement of completed work volume.
  • Compensation and land clearance costs and other expenses must have approved budgets, and the level of advance payment shall be based on the necessary requirements of the work.
  • The Project Management Board reports on investment implementation and settlement to the Provincial People's Committee quarterly and annually according to the plan.
  • The Provincial Treasury reports to the Department of Finance and Price Control on the capital settlement situation periodically every quarter and at the end of the year for final settlement of investment capital usage.
  • The Department of Finance and Price Control consolidates and settles local government budget expenditures for the investment project and cluster infrastructure funded by the local government budget.

🌐 이 문서의 사회적 영향

  • Positive impact: Ensuring effective management and settlement of State budget capital and State credit investment, supporting economic and social development in the Mekong Delta region.
  • Negative impact: Increasing the workload of management and reporting for relevant agencies.

❓ 자주 묻는 질문

What percentage of consulting contracts can be advanced paid?

Consulting contracts are eligible for an advance payment of 50% of the contract value.

When will the advance payment for compensation and land clearance work and other expenses be recovered?

The advance payment for compensation and land clearance work and other expenses will be recovered once during the period of settlement of completed work volume.

How does the Project Management Board report on investment implementation and settlement of the project?

The Project Management Board reports on investment implementation and settlement to the Provincial People's Committee quarterly and annually according to the plan.

What responsibilities does the Provincial Treasury have in the settlement of investment project capital?

The Provincial Treasury reports to the Department of Finance and Price Control on the capital settlement situation periodically every quarter and at the end of the year for final settlement of investment capital usage.

What responsibilities does the Department of Finance and Price Control have in consolidating and settling local government budget expenditures?

The Department of Finance and Price Control consolidates and settles local government budget expenditures for the investment project and cluster infrastructure funded by the local government budget.

전문

MINISTRY OF FINANCE
********

SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
********

Number: 54/2002/TT-BTC

Hanoi, June 25, 2002

CIRCULAR

Supplementing and Amending Circular No. 39/2002/TT-BTC dated April 26, 2002 of the Ministry of Finance guiding the management and settlement of State budget capital and preferential credit capital for investment in building residential clusters and lines in flood-prone areas in the Mekong Delta

Pursuant to Decree No. 52/1999/NĐ-CP dated July 8, 1999 of the Government on the issuance of the Investment Management and Construction Regulation and Decree No. 12/2000/NĐ-CP dated May 5, 2000 of the Government amending and supplementing certain articles of the Investment Management and Construction Regulation issued together with Decree No. 52/1999/NĐ-CP dated July 8, 1999 of the Government;

Pursuant to Decree No. 43/1999/NĐ-CP dated June 29, 1999 of the Government on State Investment Credit for Development;

Pursuant to Decision No. 173/2001/QĐ-TTg dated November 6, 2001 on economic and social development in the Mekong Delta region for the period 2001-2005, Decision No. 1548/QĐ-TTg dated December 5, 2001 on investment in flood-resistant construction for residential clusters in the Mekong Delta region in 2002, and other decisions of the Prime Minister on investment in residential clusters in flood-prone areas in the Mekong Delta region;

The Ministry of Finance supplements and amends Circular No. 39/2002/TT-BTC dated April 26, 2002 of the Ministry of Finance guiding the management and settlement of State budget capital and preferential credit capital for investment in building residential clusters in the Mekong Delta region in seven provinces including An Giang, Dong Thap, Long An, Vinh Long, Kien Giang, Tien Giang, Can Tho as follows:

1. Amend Point 2.3.c Section II Part II - "Advance payment and recovery of advance payment for other expenses" as follows:

- After signing, consultancy contracts shall be advanced by 50% of the contract value; Advance payments shall be recovered immediately upon completion payment. Each recovery amount equals the completed work payment multiplied by (X) the advance payment ratio.

- Advance payment for land clearance compensation costs (LC) shall be made when there is a preliminary estimate of compensation costs based on stipulated compensation prices; Other costs such as administrative operating costs... must have approved budgets. The advance payment amount should meet the needs of the work. Advance payments for LC and other project costs shall be recovered once at the completion payment of that work.

2. Amend Point 3.2 Section II Part II as follows:

- On the fifth day of each quarter and at the end of the plan year, the Project Management Board has the responsibility to report on the implementation of investment and capital settlement of the project to the People's Committee of the province for consolidation and submission to the Ministry of Finance, the Ministry of Construction, and consolidated reports to the Prime Minister.

- On the fifteenth day of each quarter, the Provincial Treasury shall report to the Department of Finance-Price Control and the Central Budgetary Fund about the situation of capital settlement for the project. At the end of the plan year, the Provincial Treasury shall settle the use of investment capital with the Department of Finance-Price Control.

- Annually, the Department of Finance-Price Control shall consolidate into the local government budget settlement for the project and works' cluster and line investment capital allocated from the local government budget and national preferential credit capital; for central government budget supplementary capital for targeted investment in projects and works' cluster and line, the Department of Finance-Price Control shall settle separately with the Ministry of Finance (not included in the local government budget).

This Circular takes effect from the date of issuance.

 

DEPUTY MINISTER

DEPUTY MINISTER 

(Signed)

Vu Van Ninh

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관계도

54/2002/TT-BTC
Circular No. 54/2002/TT-BTC supplements and amends Circular No. 39/2002/TT-BTC dated April 26, 2002, of the Ministry of Finance, guiding the management and settlement of State budget capital and State credit investment capital for the construction of flood-resilient residential clusters in the Mekong Delta.
In effect

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