Our verification service for completed project final settlements provides the authorities responsible for verifying and approving settlements, as well as project owners, with reliable figures, observations and recommendations on the project’s final settlement value. HNAPA’s key members have personally led settlement verification teams for many large-scale projects in Quang Ninh, Hanoi, Hai Phong and neighbouring provinces.
Scope of Services
- Verification of construction and equipment costs for each work item.
- Verification of total project and works costs.
- Verification of completed project final settlement reports.
Verification Coverage
- Verification of the project’s legal documentation.
- Verification of the project’s sources of investment funding.
- Verification of investment costs by bid package, by contract and for other costs.
- Verification of investment costs not capitalised into asset value.
- Verification of the value of assets created through the investment and handed over to the operating entity.
- Verification of outstanding receivables and payables, and of surplus materials and equipment.
- Review of compliance with the conclusions of inspection and audit bodies, including the State Audit Office of Vietnam.
- Observations, assessment and recommendations on the settlement value and the handling of related issues.
Purpose of the Service
To help project owners complete the required procedures throughout project management and implementation; to provide the parties concerned with reliable information and figures for reviewing and approving the investment capital settlement of completed projects; and to control and manage construction investment costs.
