What is Project Budget Settlement? Whether the project is settled or settled

Updated on society 2024-03-23
2 answers
  1. Anonymous users2024-02-07

    Project settlement refers to the activities of agreeing on the contract price of the construction project and settling the project advance payment, project progress payment and project completion price according to the contract. Project settlement can also refer to the economic documents in which the construction enterprise handles the settlement of the project price to the construction unit in accordance with the contract and the amount of the completed project. The construction period of the project is long, the amount of funds consumed is large, in order to make the construction and installation enterprises in the construction of the funds in a timely manner, it is necessary to carry out intermediate settlement (progress payment settlement) and year-end settlement of the project price, and the completion settlement should be carried out after the completion and acceptance of all projects.

    In the ledger account setting, construction settlement is a ledger account dedicated to construction contractors. The significance of the settlement of the project price is mainly manifested in: 1) the settlement of the project price is the main indicator reflecting the progress of the project, in the construction process, one of the bases of the project price is to settle according to the amount of work completed, that is to say, the more the contractor completes the project, the more the project price should be settled.

    Therefore, according to the proportion of the cumulative settled project price to the total contract price, it can approximately reflect the progress of the project, which is conducive to grasping the progress of the project. 2) Project price settlement is an important part of accelerating capital turnover. The contractor settles the project payment as soon as possible, which is conducive to the repayment of debts and the recovery of funds, and can also reduce costs.

    3) The settlement of the project price is an important indicator to assess the economic benefits, for the contractor, only the project payment is settled, which means that the business risk is avoided, and the contractor can obtain the corresponding profits, so as to achieve good economic benefits. Legal basis: Article 3 of the "Interim Measures for the Settlement of Construction Project Prices" The settlement of construction project prices (hereinafter referred to as "project price settlement") in these measures refers to the activities of agreeing on the contract price of construction projects and settling the project advance payment, project progress payment and project completion price according to the contract.

  2. Anonymous users2024-02-06

    The difference between project settlement and final accounts includes two aspects: 1. The scope is different, the project settlement determines the project price in the construction stage of the project, including construction costs, installation costs, etc., and the final accounts include all the actual costs of the whole process from raising to completion and putting into production. 2. The main body is not the same as the old, the project settlement is carried out between the construction unit and the construction unit, there are two equal subjects, and the final accounts of the project are only one touch.

    According to Article 3 of the Interim Measures for the Settlement of Construction Project Prices, the term "construction project price settlement" in these measures refers to the activities of agreeing on the contract price of the construction project and settling the project advance payment, project progress payment and project completion price according to the contract.

    Interim Measures for the Settlement of Construction Project Prices".

    Article 13. The settlement and payment of progress payment shall comply with the following provisions:

    1) Project progress payment settlement method 1, monthly settlement and payment. That is, the method of paying progress payments on a monthly basis and liquidating after completion is implemented. For projects with a contract period of more than two years, the project inventory shall be carried out at the end of the year and the annual settlement shall be handled.

    2. Segmented settlement and payment. That is, the project that started in the current year and cannot be completed in the current year shall be divided into different stages to pay the progress payment of the project according to the progress of the project image. The specific division is specified in the contract.

    2) Quantity calculation1. The contractor shall submit a report on the completed quantity to the employer in accordance with the method and time agreed in the contract. The employer shall verify the completed quantity within 14 days after receiving the report, and notify the contractor one day before the verification, the contractor shall provide conditions and send personnel to participate in the verification, and the contractor shall not participate in the verification after receiving the notice, and the quantity of the project verified by the employer shall be used as the basis for the payment of the project price. The employer fails to notify the contractor at the agreed time, resulting in the contractor's failure to participate in the verification, and the verification results are invalid. Wait.

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