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Xiamen Municipal Government Investment Construction Project Budget And Final Accounts Management

Original Language Title: 厦门市财政性投融资建设项目预决算管理办法

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Pre-administrative management approach to the construction of finance in the city

(The 14th ordinary meeting of the People's Government of the House of Commons, held on 19 November 2012, considered the adoption of Decree No. 150 of 3 December 2012 on the People's Government Order No. 150 of 3 December 2013, effective 1 February 2013)

Chapter I General

Article I, in order to enhance the pre-, de-administrative management of financially financed projects, rationalize the control of construction project expenditures and enhance the effectiveness of the use of funds, develop this approach in line with the laws, regulations and regulations of the People's Republic of China Budget Act.

Article II of this approach refers to financially financed financing projects (hereinafter referred to as construction projects) that are approved or established by the Government's functional offices, all or partly financed by financial budgetary arrangements and by projects financed through financial means and which are subject to financial integration.

Article 3. Fundraising, budget review, accounting and supervision of the construction projects in this city apply.

Article IV

Article 5

The financial review body of the city, the district financial sector is responsible for the construction of specific work on project pre- and de-administrative management, in accordance with the delegation of authority from the financial sector.

The relevant sectors such as development reform, construction, audit, inspection, in accordance with their respective responsibilities, work related to the construction of projects pre- and final management.

Article 6

(i) Relevant laws, regulations, regulations and normative documents;

(ii) Construction projects related to the approval of documents, paper, contracts and construction of management documents;

(iii) Standards, quotas and technical norms promulgated by national, provincial and municipal authorities;

(iv) Other relevant grounds.

Chapter II Funding

Article 7. Funding for construction projects includes:

(i) Funding for the same-level financial budget arrangements;

(ii) Funds that have been approved for financing and are subject to financial pooling, including through bank financing, trust vouchers, central-generation local government bonds, national debt transfers, foreign loans and other funds borrowed by the Government;

(iii) High-level financial allocations;

(iv) Social donations;

(v) Self-financing of construction units;

(vi) Other funds.

Article 8. When construction projects are in place, construction units should implement project financing.

The proposed budget for construction projects should be prepared by the construction units in accordance with the law and approved by the development reform sector. The approved estimates are based on the preparation of the project budget.

Article 10. Funding for construction projects is subject to financial budgetary arrangements, and construction units should prepare annual funding budgets for the construction of projects in accordance with the annual funding needs of the year, which are reviewed by the Government's functional offices and reported to be implemented after approval by the authorities.

The approved construction project financial budget needs to be adjusted and the construction units should be processed in accordance with the relevant procedures adjusted for the financial budget.

Article 11. Financing construction projects shall be financed by means of financing and subject to financial pooling, and shall be approved by the development reform, the financial sector. Without approval, construction units shall not be self-financed.

The financial sector, on the basis of actual circumstances, has integrated the identification of financing sources, debt interest rates, time limits of debt, sums and time frames.

Chapter III Budget review

Article 12. Construction projects should be subject to the approval of investment budgets.

Construction projects are solicited for work or government procurement, and construction units should prepare project budgets and report to the financial sector or its authorized financial review body, while reporting to the municipal authorities for construction.

Article 13

(i) Construction of project approval documents;

(ii) Approval of the initial project design estimates;

(iii) The construction of project works map design documents, budget books, checklists of works and their calculations, related contracts, etc.

Article 14.

(i) Whether construction projects and their estimates are approved by the competent sector;

(ii) Whether the construction of the project budget is reasonably controlled within the proposed budget;

(iii) The accuracy and reasonableness of the calculation of construction project works, the computation of consolidated prices and costs;

(iv) The reasonableness of the price of the material, equipment purchase;

(v) The design of changes, the construction of construction projects and the addition of unit works, and whether the relevant approval procedures are complete;

(vi) Other matters requiring review.

Article 15. Construction of project budgets shall be reviewed in accordance with the following procedures:

(i) The declaration of admissibility. After receipt of the material under review, the material is complete and should be given a notice of admissibility; the material is incomplete and the construction units should be supplemented by a written notice.

(ii) Preliminary review. A review programme was developed to organize a preliminary review; a review of the preliminary review was conducted with the construction unit and written responses to the observations of the construction units.

(iii) Conclusion. In accordance with the results of the first instance and the reconciliation process, the results of the construction project budget review have been drawn up, and observations and recommendations were made to the relevant sectors and units.

(iv) feedback. The construction units object to the conclusion and shall submit written observations within 10 days of the date of receipt of the findings of the review; the financial sector or its authorized financial review body shall submit written replies within seven working days from the date of receipt of the written observations of the construction unit.

Article 16 The financial sector or its mandated financial review body shall, within 20 working days of the date of receipt, draw conclusions on the construction of project budgets.

The budget review concluded that it should serve as a basis for determining the level of investment in the construction of project budgets, the signing of engineering contracts, tenders for works or government procurement, the processing of project funds (conprime), project settlement and implementation of project financing regulation. The maximum control limit for tendering for construction projects should not exceed the audited construction project investment budget.

The construction units may not change the content, standards and scale of construction after the completion of the project investment budget. Adjustments are required and should be submitted in accordance with the relevant provisions.

Chapter IV

Article 19 Construction projects should be reviewed in accordance with the procedures set out in article 15 of this approach.

The calculations include the liquidation and completion of the financial accounts.

Article 20

(i) The construction of the project works map, the settlement, the list of works and the calculations, the certificate of completion tests, contracts, tenders and the information on the documents of the mark;

(ii) On-site visas for construction units, concealment of works, design changes, approval of documents, etc.

Article 21

(i) Whether the relevant procedures for construction projects are complete;

(ii) Whether construction projects are budgeted;

(iii) The calculation of the completion of the construction project, the calculation of the consolidated single and cost and the accuracy and reasonableness of the material, equipment price;

(iv) The design of changes, on-site visas, and whether the concealment of works is in effect and whether the approval process is complete;

(v) Other matters requiring review.

The construction unit should prepare a project settlement within 90 days of the construction of the project and report the financial sector or its mandated financial review body.

The financial sector or its mandated financial review body shall, within 30 working days of the date of receipt, draw conclusions on the construction of projects.

Article 23. The construction project settlement clearance findings should be used as a basis for the settlement of the engineering price, the associated cost settlement, the liquidation of construction projects and the completion of the project's financial accounts.

Article 24 The construction unit shall prepare the financial accounts for the completion of the work and report the clearance within 60 days of the date of receipt of the financial sector or the results of its mandated financial review.

Article 25

(i) Documentation relating to the completion of the financial accounts, the proposed project budget form, the completion of the completion of the work's financial accounts review;

(ii) The construction project settlement findings;

(iii) A confirmation of letters, related financial vouchers and books at the end of construction projects.

Article 26

(i) Whether construction projects are implemented in accordance with the approved estimates and whether construction standards and scales are increased;

(ii) Whether the approval process has been completed by major design changes;

(iii) The calculation of indirect costs for construction projects, the reference to management costs, whether the use is consistent with the relevant provisions, and whether the procedure is complete;

(iv) To verify the full costs of construction projects from the construction to completion of their delivery, to validate the construction project's summary of construction costs, to verify the funding, funding use and fund balances of construction projects, and to verify the income earned and investment packages fund-raising;

(v) Other matters requiring review.

Article 27, or its authorized financial review body, shall report on the financial accounts of completed construction projects within 30 working days of the date of receipt.

The financial accounts of the construction projects are presented by the financial review body authorized by the financial sector, and the financial sector should complete the project's financial accounts within seven working days after receipt of the construction project's financial accounts report.

The financial accounts for the completion of the construction projects by the financial sector, either by means of delivery and write-off project investments, should be used as a basis for building project assets.

Article 29 should be completed by the construction unit in accordance with the financial sector or the re-engineered construction project, to conduct timely liquidation of the project funds at the end of the construction project, to pay balance funds, write-off expenditures, transfer of assets or form fixed assets.

Chapter V Oversight and responsibility

The financial sector should strengthen the day-to-day monitoring and specialized inspection of project financing, budget, settlement, completion of the financial accounts of the construction, and provide timely feedback to the relevant departments and units on the issues identified and observations and recommendations addressed.

Article 31 Development Reforms and inspection agencies should organize post-project evaluation, in accordance with the relevant provisions.

The audit body conducts a specific audit of the financing of construction projects in accordance with the law.

Article 32 establishes one of the following acts, and the municipal, regional financial sectors should be responsibly renovated and may be suspended or discontinued in the disbursement of construction project funds and construction unit management fees:

(i) The financial accounts for construction projects are not reviewed in accordance with this approach;

(ii) To change the content of construction projects, to improve standards and to expand investment scales;

(iii) No funds for the liquidation of construction projects, as set out in this approach, as well as the payment of completed balances, write-off expenditure, and asset transfer.

Managers and other responsible personnel directly responsible for the construction units are governed by the law and are given administrative disposal.

The financial sector should strengthen the management of the financial review body and monitor its compliance with the law with the construction project's pre-reviewed and defiguration functions.

Article 34, any unit and individual found that the construction project presupposed, deductored in the construction of the project, took the right to report and file complaints to its units, superior administrative organs or inspection bodies. The departments and units concerned should be dealt with in a timely manner by law.

Annex VI

Article 3XV provides for projects for emergency response due to natural disasters and other force majeure events, as well as construction projects involving national security and secrets, as well as legal, regulatory and other provisions.

Article 36 of this approach is implemented effective 1 February 2013. The provisional management approach (Final [1997]) was approved by the Government of the People of the House on 15 October 1997 in conjunction with the finalization of the construction project on the financing of the city.