Law Library

All about investment law

DECREE DETAILED REGULATIONS ON CONSTRUCTION CONTRACT

Official Number: 37/2015/ND-CP
Document Type: Decree
Document Field: Construction
Promulgator: The Government
Issue Date: Apr 22, 2015
Effective Date: Jun 15, 2015
Sign by: Nguyen Tan Dung
Document Status: Available

DECREE

DETAILED REGULATIONS ON CONSTRUCTION CONTRACT

Pursuant to the Law on Government organization dated December 25, 2001;

Pursuant to the Law on Construction dated June 18, 2014;

At the request of the Minister of Construction,

The Government promulgates the Decree detailing construction contract

Chapter I

GENERAL PROVISIONS

Article 1. Scope and regulated entities

1. This Decree provides detailed regulations on construction contract

2. This Decree applies to organizations, individuals concerning formulation and management of the performance of construction contract for construction projects (including construction contract between investors in BOT, BTO, BT and PPP projects and contractors for project packages) as follows:

a) Construction projects by regulatory agencies, political organizations, socio-political organizations, political-social-occupational organizations, socio-occupational organizations, social organizations and units affiliated to People’s armed forces and public service providers;

b) Construction projects by state-owned enterprises;

c) Construction projects that are not defined in Points a, b of this Clause but use state capital, corporate capital from 30% and over or from under 30% to over VND 500 billion of total project investment capital;

Relevant organizations, individuals using other capital sources are encouraged to apply provisions set out hereof.

3. As for construction contract for ODA projects, provisions set out in the International Agreement to which Vietnam is a signatory shall be exercised in case they are different from provisions set out hereof.

Sign Up