Guidance to the implementation of the projects in the form of contracts of BOT, BTO, and BT

04/01/2012
Ministry of Finance issued Circular No.166/2011/TT-BTC dated November 17, 2011 defining on the management and use of project preparation costs and funding for operations of competent state agencies during the management of projects; some financial targets of project contracts; conditions and payment method for investor to implement project in the form of contract of build –transfer; settlement of project building value in the form of contracts of build-operation-transfer, build –transfer-operation, build-transfer.
Subjects under the application of the Circular are investors, competent state agencies to sign and implement the project contract, agencies, organizations, individuals and enterprises related to the implementation of projects under the concerned provisions of the State and provisions of this Circular.

This Circular takes effect from 15/01/2012 and replaces Circular No.149/2007/TT-BTC dated 14/12/2007 of the Ministry of Finance guiding the management and use of state budget funds for the activities of the competent State agencies in the management of investment projects in the form of BOT, BTO and BT contracts./.-ITD