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blue-check Investors may hire project management service

Official letter No. 1628/BXD-HDXD dated May 11th, 2022 of the Ministry of Construction regarding form of organization of construction investment project management
Posted: 20/5/2022 9:23:15 AM | Latest updated: 25/5/2022 3:46:56 PM (GMT+7) | LuatVietnam: 5456
VietlawOnline

In principle an investment decision maker may decide to apply form of project management based on scale, characteristics, funding sources and conditions for implementation of the investment project (clause 19 Article 1 of Law No. 62/2020/QH14 ).

If a construction project is funded by state capital other than public investment capital or other funds, the application of form of project management shall be carried out according to clause 2 Article 20 of Decree No. 15/ND-CP/2021 .

In case the investor uses its professional apparatuses to organize the project management, it is required to carry out according to Article 23 of Decree No. 15/2021/ND-CP. Accordingly, if the professional apparatuses is not eligible to manage, the investor may hire organizations or individuals that are qualified to engage in the project management.

Ms Phuong Thao (VietlawOnline.com)
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Project Management