On March 20, the Hanoi Department of Construction issued a document requesting localities, investors and project management boards in the area to synchronously implement solutions to ensure the supply and stability of construction material prices, serving the construction of projects, contributing to accelerating the disbursement progress of public investment capital in 2026.
Accordingly, the Department of Construction requests investors when preparing projects to strengthen geological surveys, terrain and technical conditions of works.
On that basis, choose optimal technical solutions, prioritize the use of on-site materials and foundation reinforcement solutions to minimize the excavation and replacement of materials; thereby reducing the demand for building materials and limiting environmental impacts.
In addition, before deploying construction, investors need to proactively provide information on material needs as well as surplus material sources of the project to functional agencies for coordination and reuse for other projects. This solution aims to avoid wasting resources, reduce budget costs, and contribute to environmental protection.
The Department of Construction is also coordinating with departments, branches and localities to survey and summarize the prices of construction materials in the first quarter of 2026.
Investors and material suppliers are required to provide complete contracts, invoices, and quotes so that functional agencies have a basis to announce prices in a timely manner, serving the work of preparing and adjusting estimates, as well as managing costs according to regulations.
Notably, investors are required to proactively develop material supply plans for each project, and at the same time regularly review and update price fluctuations to promptly adjust contracts (if necessary), especially for contracts in the form of price adjustments. This is to ensure that construction progress is not interrupted.
In case of difficulties and obstacles related to contract adjustments or material supply sources, investors need to promptly report to the Department of Construction for synthesis and advice to the Hanoi People's Committee and relevant ministries and sectors for consideration and removal.
Hanoi Department of Construction emphasized that the synchronous implementation of the above solutions is necessary to ensure the progress of public investment projects in the area, contributing to promoting economic growth and effectively using budget capital in 2026.
