On February 15, 2017, the Ministry of Construction issued the Decision No. 79/QD-BXD on standard project management and construction consulting costs.
The most important content is the standard construction consulting costs; the construction consulting costs are used for determination of costs of consulting works in the total investment and construction cost estimate, and is the basis for determination of the contract value. The consulting contract price is determined according to the consulting contractor selection result in accordance with regulations of law on bidding.
The consulting costs determined according to the standard consulting costs provided for in this Decision include: payments for experts directly providing consulting services; management cost incurred by the consulting organization (including payment for professional liability insurance); estimated taxable income exclusive of VAT. In the cases where building information modeling (BIM) is applied during provision of consulting services, the cost shall be estimated…
This Decision takes effect on March 01, 2017
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