The cumulative withholding of the quality deposit by the employer shall not exceed the percentage of

Updated on society 2024-05-02
6 answers
  1. Anonymous users2024-02-08

    1. It is the agreement deposit "Interim Measures for the Settlement of Construction Project Prices", Article 14, Item 4 It can be seen that (4) after receiving the completion settlement report and complete settlement materials submitted by the contractor, the employer shall verify and confirm or propose amendments according to the time limit specified in these Measures (if the contract stipulates a time limit, it shall be agreed therein). The employer shall pay the contractor the settlement price for the completion of the project according to the confirmed completion settlement report, and retain about 5 quality assurance (warranty) money, which shall be liquidated after the expiration of the one-year warranty period for the delivery of the project (if otherwise agreed in the contract, it shall be agreed therein), and if there is repair during the warranty period, the expenses incurred shall be deducted from the quality assurance (warranty) money.

  2. Anonymous users2024-02-07

    On January 12, 2005, the Ministry of Construction and the Ministry of Finance promulgated the Interim Measures for the Administration of Quality Deposit for Construction Projects (Jian Zhi 2005 No. 7). Article 7 of the Interim Measures stipulates that: "For construction projects that use all or part of the investment, the deposit shall be reserved in proportion to the total settlement of the project price of about 5."

    On June 7, 2017, the executive meeting decided that from July 1, 2017, the upper limit of the reserved proportion of engineering quality margin in the construction field will be reduced from 5% to 3%. Subsequently, on June 20, 2017, the Ministry of Housing and Urban-Rural Development and the Ministry of Finance revised the Measures for the Management of Quality Deposit for Construction Projects promulgated on December 27, 2016, Article 7 of the Administrative Measures stipulates that "the employer shall reserve a deposit in accordance with the contract, and the total reserved proportion of the deposit shall not be higher than 3% of the total settlement of the project price."

    If the contract stipulates that the contractor shall replace the reserved deposit with a bank guarantee, the amount of the guarantee shall not be higher than 3% of the total settlement amount of the project price. This is also the highest level of legal provisions of the current state on the proportion of warranty money.

    The above information is compiled by the fire bidding network.

  3. Anonymous users2024-02-06

    Answer] :d The cumulative quality deposit withheld by the employer shall not exceed 3% of the total settlement amount of the project price.

  4. Anonymous users2024-02-05

    Answer]: B contractor with hungry group should be in accordance with the contract agreed to reserve the quality of the limb dizziness deposit, the total reserve ratio of the quality margin shall not be higher than 3% of the total settlement of the project price

  5. Anonymous users2024-02-04

    First, the quality of the project deposit shall not exceed the maximum amount of money project warranty reservation ratio is not higher than 3% of the total amount of settlement, the state stipulates that the relevant construction projects need to be completed through the project quality inspection whether it meets the relevant standards, in order to ensure the quality of the project, if the unqualified construction project needs to be paid in accordance with the standards formulated by the relevant national units. The reserved proportion of the project warranty is not higher than 5% of the total settlement amount, which is also required in the "Clearance Deposit Notice". The "Old Measures" do not mandate the reservation ratio of the project quality guarantee, but only stipulate that the construction project using ** investment shall reserve the deposit in the proportion of about 5% of the total settlement of the project price, and the social investment project can be implemented with reference.

    In practice, although the reserved proportion of the warranty fund for most engineering projects does not exceed 5%, and the latest regulations stipulate that for some new or risky projects, the employer will still reserve a larger proportion of the project warranty money as a risk control measure for its project. In the current fiercely competitive construction industry, the net profit of the contractor in many engineering contracting projects is less than 5%, and the reservation of too high project warranty will undoubtedly make the contractor bear excessive financial pressure. Moreover, the engineering warranty is not essentially a warranty cost, but only a guarantee measure.

    To this end, while restricting the proportion of project quality assurance reserves, the Measures implement a bank guarantee system, stipulating that the contractor may replace the reserved deposit with a bank guarantee, and stipulating that the amount of the guarantee shall not be higher than 5% of the total settlement amount of the project price. This move will greatly reduce the capital occupation and cash flow pressure of construction enterprises, and significantly reduce the burden on construction enterprises. Article 3 of the "Measures" stipulates that the employer shall specify the contents of the reservation and return of the security deposit in the bidding documents, and agree with the contractor on the following matters involving the security deposit in the terms of the contract:

    1) The method of reservation and return of the deposit; (2) The proportion and duration of the deposit reserve; (3) Whether interest is calculated and paid on the margin, and if so, how the interest is calculated; (4) the duration and calculation method of the defect liability period; (E) the deposit reservation, return and project maintenance quality, cost and other dispute handling procedures; (6) The method of claiming for defects during the defect liability period; (7) Liquidated damages, payment methods and liability for breach of contract for late return of deposits. Among them, item (7) is a new addition to the "Measures". To sum up, it can be known that a huge project will involve a huge amount of money, and if the quality of the project is not up to par, then the enterprise will have a great loss, so the project is required to lack the quality of the deposit, which is a guarantee measure, which can reduce the pressure and burden of the enterprise, but the deposit is also stipulated that it cannot exceed the limit.

  6. Anonymous users2024-02-03

    Answer]: A The employer shall keep the deposit in advance in accordance with the manner agreed in the contract, and the total reserve ratio of the deposit shall not be 3% of the total settlement price of the high-quality project.

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