Circular 04/2020/TT-BTTTT cost management of information technology application investment projects

  • Summary
  • Content
  • Status
  • Vietnamese
  • Download
Save

Please log in to use this function

Send link to email

Please log in to use this function

Error message
Font size:

ATTRIBUTE

Circular No. 04/2020/TT-BTTTT dated February 24, 2020 of the Ministry of Information and Communications prescribing the determination and management of costs of information technology application investment projects
Issuing body: Ministry of Information and CommunicationsEffective date:
Known

Please log in to a subscriber account to use this function.

Don’t have an account? Register here

Official number:04/2020/TT-BTTTTSigner:Nguyen Manh Hung
Type:CircularExpiry date:Updating
Issuing date:24/02/2020Effect status:
Known

Please log in to a subscriber account to use this function.

Don’t have an account? Register here

Fields:Investment , Information - Communications

SUMMARY

04 principles of determination and management of information technology application investment project costs

On February 24, 2020, the Ministry of Information and Communications issues the Circular No. 04/2020/TT-BTTTT prescribing the determination and management of costs of information technology application investment projects.

Accordingly, the determination and management of information technology application investment project costs must comply with 04 principles as follows: To ensure objectives and efficiency of information technology application investment projects; Total investment, cost estimates, cost norms and unit prices for information technology application shall be calculated by proper methods and must include all cost items under regulations; The State shall manage costs by promulgating, and guiding and inspecting the implementation of, regulations on cost management; Project owners shall take responsibility for cost management from the stage of investment preparation to the investment completion and putting of projects’ products into operation and use.

The formulation of information technology application cost norms must comply with the following order: To make a list of jobs, stating technical and technological requirements, implementation measures, etc.; To determine components of a job from the stage of preparation to completion of the job; To determine shrinkage of materials, labor and construction machinery; To formulate norms based on shrinkage of materials, labor and construction machinery.

This Circular takes effect on April 09, 2020.

For more details, click here.
Download files here.
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency
Effect status: Known

THE MINISTRY OF INFORMATION AND COMMUNICATIONS

 

THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

No. 04/2020/TT-BTTTT

 

Hanoi, February 24, 2020

 

CIRCULAR

Prescribing the determination and management of costs of information technology application investment projects[1]

Pursuant to the June 29, 2006 Law on Information Technology;

Pursuant to the Government’s Decree No. 73/2019/ND-CP of September 5, 2019, prescribing the management of state budget-funded investment in information technology application;

Pursuant to the Government’s Decree No. 17/2017/ND-CP of February 17, 2017, defining the functions, tasks, powers and organizational structure of the Ministry of Information and Communications;

At the proposal of the Director of the Authority of Information Technology Application;

The Minister of Information and Communications promulgates the Circular prescribing the determination and management of costs of information technology application investment projects.

Chapter I

GENERAL PROVISIONS

Article 1. Scope of regulation

This Circular prescribes the determination and management of costs of information technology application investment projects funded by development investment expenditures of the state budget, including total investment, cost estimates, cost norms, and unit prices for information technology application.

Article 2. Subjects of application

1. This Circular applies to agencies, organizations and individuals engaged or involved in the determination and management of costs of information technology application investment projects funded by development investment expenditures of the state budget (below referred to as determination and management of costs).

2. To encourage agencies, organizations and individuals involved in the determination and management of costs of information technology application investment projects funded by other funding sources to apply this Circular.

Article 3. Principles of determination and management of costs

1. To ensure objectives and efficiency of information technology application investment projects.

2. Total investment, cost estimates, cost norms and unit prices for information technology application shall be calculated by proper methods and must include all cost items under regulations.

3. The State shall manage costs by promulgating, and guiding and inspecting the implementation of, regulations on cost management.

4. Project owners shall take responsibility for cost management from the stage of investment preparation to the investment completion and putting of projects’ products into operation and use.

Click download to see the full text

[1] Công Báo Nos 261-262 (06/3/2020)

Please log in to a subscriber account to see the full text. Don’t have an account? Register here
Please log in to a subscriber account to see the full text. Don’t have an account? Register here
Processing, please wait...
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency

ENGLISH DOCUMENTS

Official Gazette
Circular 04/2020/TT-BTTTT DOC (Word)

This utility is available to subscribers only. Please log in to a subscriber account to download. Don’t have an account? Register here

Circular 04/2020/TT-BTTTT PDF

This utility is available to subscribers only. Please log in to a subscriber account to download. Don’t have an account? Register here

* Note: To view documents downloaded from LuatVietnam.vn, please install DOC, DOCX and PDF file readers
For further support, please call 19006192

SAME CATEGORY

loading