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Clearing up and standardizing the deposit in the field of engineering construction has achieved remarkable results

Clearing up and standardizing the deposit in the field of engineering construction has achieved remarkable results

Clearing up and standardizing the deposit in the field of engineering construction has achieved remarkable results

2017-01-23 18:10

In order to streamline administration and delegate power and effectively reduce the burden on construction enterprises, on June 23, 2016, the General Office of the State Council issued the Notice on Cleaning up and Regulating Earnest money in the Field of Project Construction (Guo Ban Fat [2016] No. 49), requiring all earnest money to be cancelled except bidding, performance, project quality and wage earnest money for migrant workers. Construction enterprises may pay by means of bank guarantee; The cancelled deposit shall be returned to the relevant enterprises before the end of 2016; Improve the security deposit management system, prohibit the establishment of new security items, improve the integrity system. The Ministry of Housing and Urban-Rural Development, together with the Ministry of Finance, the Ministry of Human Resources and Social Security and other departments, conscientiously implemented the decisions and arrangements of the State Council, and took effective measures to promote the work of cleaning up and regulating the system, with notable results achieved.

First, mobilize and deploy. The Ministry of Housing and Urban-Rural Development, together with the Ministry of Finance and the Ministry of Human Resources and Social Security, jointly held a teleconference on the implementation of Document No.49 [2016] of the Ministry of Housing and Urban-Rural Development, making a comprehensive deployment on the liquidation and standardization of security funds in the field of construction projects. The Ministry of Housing and Urban-Rural Development, in conjunction with the Ministry of Finance, issued a circular requiring all localities to conduct an inventory in accordance with the principle of "no enterprise or project to be funded" to ensure timely return.

Second, regular notification. Since August 2016, housing in urban and rural areas around clear specification monthly bulletin issued by the ministry of construction engineering construction field margin work progress, shamed work in poor areas, to increase the intensity of work, inverted schedule, develop targeted measures, establish parameter, carries out the responsibility, clear responsibilities, ensure to finish the task by the end of 2016.

Third, we will carry out inspections. In December 2016, the Ministry of Housing and Urban-Rural Development carried out special supervision on the rectification and standardization of earnest money in the field of engineering construction in Sichuan, Jiangsu and Shanghai, urging all provinces and cities to speed up the work progress, improve the earnest money management system and ensure the implementation of policies.

Fourth, we will improve the system. The Ministry of Housing and Urban-Rural Development, together with the Ministry of Finance, revised and issued the Measures for The Administration of Project Quality Guarantee Deposit, which clarified the requirements of collection, return and substitution of guarantee for guarantee deposit.

The competent housing and urban construction departments in all localities, together with other departments concerned, have taken active actions to innovate their working methods and adopt various measures to ensure that the policies are implemented.

By the end of December 2016, construction enterprises all over the country had used bank guarantees to replace cash deposits of nearly 120 billion yuan, invigorating their working capital. Various localities have returned 49.65 billion yuan in deposits to construction enterprises, of which 28.08 billion yuan should be cancelled; A total of 21.57 billion yuan has been collected for four types of bonds, including tender guarantees, performance guarantees, project quality and migrant workers, which are overdue or overcharged. After nearly half a year of work to clean up and standardize the construction industry, the burden of enterprises has been effectively reduced, market vitality has been stimulated, and the healthy development of the construction industry has played an important role.

All rights reserved:Zhongyang Construction Group  Address: Nanchang City, Jiangxi Province, Honggu Beach Green Road 500, HSBC will be a 9 floor   

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