On May 27, the Project Management Board for Investment in Construction of Transport and Agriculture and Rural Development of Dak Lak province (Board A) said that the unit had sent a report to the Provincial People's Committee on the disbursement situation and difficulties and obstacles that competent authorities need to remove in the process of task implementation.
Accordingly, Component Project 3 of the Khanh Hoa - Buon Ma Thuot Expressway Construction Investment Project (phase 1) is assigned a capital plan for 2026 of 1,749 billion VND.
According to the review report, to date, the project has disbursed 134.912 billion VND, reaching 7.7% of the total allocated capital. It is expected that by the end of 2026, the total disbursed capital of the project will reach about 1,212.912/1,749 billion VND, equivalent to 69.34% of the assigned capital plan.
In the total expected disbursed capital, there are 792.912 billion VND meeting 100% of the needs of the signed construction contracts as of the time of reporting.
In addition, about 420 billion VND is expected to be allocated to invest in the item of adjusting the intersection at the end of route CT. 02 and supplementing the intelligent transportation system (ITS), non-stop toll collection system (ETC) and vehicle load control after being approved.
The remaining budget of about 536.362 billion VND cannot be used, including savings of about 5% when implementing special mechanisms and policies for direct contractor appointment and the difference due to the policy of reducing value-added tax (VAT) from 10% to 8% according to current regulations.
Mr. Tran Tien Dong - Director of Board A - said that the savings of about 5% from the special mechanism and policy of direct contractor appointment will be used to reward contractors who exceed the progress according to legal regulations.
According to Mr. Dong, if there are no conditions to reward contracts, the above-mentioned savings and project surpluses with a total value of about 536.362 billion VND will not be able to be arbitrarily transferred to implement other projects. At the same time, they must not be used to reward officials and employees participating in task implementation.
For public investment projects using state capital, the surplus money must not be used arbitrarily but must be returned to the State budget or submitted to competent authorities for consideration and approval of transfer to other investment items," Mr. Dong added.
