Determine cost estimates for urban development investment consulting

Circular 12/2017/TT-BXD on instructions for determining and managing costs related to urban development investment issued by the Ministry of Construction.

Accordingly, determining consulting cost estimates for urban development investment tasks such as: direct labor costs, management costs… is guided as follows:

– Direct labor costs (Ccg): determined by the number of direct workers, working time of experts (number of months – people, days – people or hours – people) and salaries of direct workers.

– Management costs (Cql): determined by percentage (%) of expert costs.

– Other costs (Ck): determined according to the expected need to perform each type of consulting work.

– Pre-calculated taxable income (TN): determined by 6% of (Direct labor costs + Management costs).

– Value added tax (VAT): determined according to current regulations.

– Contingency costs (Cdp): determined at a maximum of no more than 10% of all the above costs.