On March 16, 2017, the Ministry of Construction issued the Circular No. 03/2017/TT-BXD guiding the determination of costs of maintenance of construction works; applicable to owners or manager, users of construction works and relevant entities engaging in determination of costs of maintenance of construction works funded by the State budget and extra-budgetary funds.
The owner or manager of a construction works shall prepare, assess and approve the maintenance cost estimate or hire qualified cost management consultants to prepare and assess the maintenance cost estimate as the basis for approval for that estimate.
After the construction works comes into operation, the owner or manager shall prepare a construction maintenance plan according to the approved maintenance process, and determine the annual maintenance cost, including periodic maintenance costs.
This Circular takes effect on May 01, 2017 and replaces the Circular No.11/2012/TT-BXD dated December 25, 2012
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