On April 19, Lam Dong Provincial People's Committee issued a directive on the implementation of public investment capital settlement for completed projects in the area.
Accordingly, the Provincial People's Committee requests the People's Committees of districts and cities to strictly implement regulations on public investment capital settlement, ensuring the establishment, examination and approval of settlement on time.
At the same time, localities need to publicize the list of investors who are late in paying settlements and impose administrative penalties according to regulations.
The list of contractors who violate the time to prepare settlement documents will also be widely published in the media, in order to prevent continued participation in new bidding packages.
The Provincial People's Committee requested to review and summarize the needs for public investment capital that need to be allocated to pay for completed projects; proactively balance capital sources and propose competent authorities to consider and approve, in order to settle the final payment, avoiding the emergence of outstanding debts for basic construction.
The Department of Finance is assigned to synthesize and report on annual public investment capital settlement according to the direction of the Provincial People's Committee, while ensuring timely reporting.
In addition, the Department is responsible for guiding and inspecting the Project Management Boards and investors in preparing settlement reports, as well as proposing handling measures for violations.
The competent authority will continue to review the review situation, approve final settlement, clarify the responsibilities of relevant parties and propose handling of cases of delay.
The Project Management Boards and investors must strictly comply with regulations on records and settlement time, ensuring the storage of records in accordance with regulations.
The Provincial People's Committee also requested inspections of completed projects that have not been finalized, determining the causes and proposing appropriate solutions.
For projects that do not have enough settlement documents, it is necessary to clarify the reasons for the delay, review related contracts and conduct settlement in accordance with legal regulations.
