Ministry of Communications Cleans Up Highway Construction Project Margin

Recently, the Ministry of Transportation and Communications issued a notice and decided to carry out a special clean-up of guarantee funds for highway engineering construction projects nationwide to ensure that the deposits will be collected in accordance with laws and regulations, completely eliminate deposits without the basis of the Supreme People's Act, and use practical actions to thoroughly implement the party's mass line education. Practical activities to effectively reduce the burden on highway construction companies.

In the investigation of the burden on the 199 highway construction companies by the Ministry of Highways before this, companies generally reflected the problems of large number of deposits, large amounts of money, long return periods, and unreasonable reasons for receipt, which caused a heavy financial burden on enterprises and they needed urgent solutions. . Combining the current educational practice activities, the Ministry of Highways is aiming at serving the industry and serving the society, closely integrating business work, improving work efficiency, and taking the cleanup of the highway construction projects as an important measure for practicing educational practices. Effectively reduce the burden on enterprises and enhance their vitality.

The special clean-up work will begin in September and will be conducted in two phases, namely, troubleshooting and rectification, and will be completed by the end of November this year. At that time, the highway construction project will retain only five kinds of deposits with laws and regulations based on bids, performance, advance payment, quality, and wages for migrant workers, which shall be charged according to the stipulated standards and returned in accordance with the prescribed time limit. Except for migrant workers' wages, which are collected in cash, the rest of the deposits are automatically selected by the construction company in the form of guarantees or cash, and the construction management unit may not designate or disguise the payment forms in disguised form.

While clearing various types of deposits, transportation authorities at all levels will strengthen the establishment of ancillary systems, and formulate management measures covering prevention, inspection, identification, and punishment in the case of illegal collection of deposits, and normalize relevant work measures. Change. In addition, the pace of credit system construction will also be accelerated. Through measures such as information disclosure, credit evaluation, and awarding of rewards and penalties, we will strengthen the dynamic management of employees and employees, strengthen market supervision, and maintain a standardized and orderly road construction market. All localities will also receive social supervision through the establishment of a report phone and the opening of a network reporting platform, so that the clean-up work will be implemented.

It is understood that as a result of the lack of honesty by a few highway construction companies, the simple management methods of construction units, and the lack of funds for project construction, there have been a large number of deposits in the field of highway engineering construction in China. The investigation results of the Highway Bureau show that the construction unit currently collects as many as 16 types of guarantees, of which only five are based on laws and regulations, and 11 kinds of margin such as safety production guarantees are not supported by the upper level law. Since most of the deposits are cash-collected, bank guarantees are less used. The total amount of cash paid by the company's deposits accounts for 15% of the total operating revenue of the surveyed highway projects. In addition, there is no uniform requirement for the return period of the deposits that are not supported by the Supreme Law. Some construction units are deliberately delayed. The longer return period also imposes a heavy financial burden on the construction companies. Among the surveyed construction companies, the total amount of deposits not returned within 3 to 10 years amounted to 1.503 billion yuan. On average, each company had 7.55 million yuan deposits that could not be recovered. The defaulted deposit was approximately 20.49% of the average net profit of each company in 2010. .

● The surveyed companies have an average of $7.55 million that cannot be recovered. ● There are only 5 kinds of 16 guarantees. There are legal and regulatory basis There are margins supported by the superior method: bid security, performance security, advance deposit, quality guarantee, and wages for migrant workers are not supported by the upper level law. Margin: safety production margin, credit guarantee, time deposit, quality assurance deposit, low-price bid bond, quality project deposit, water and water conservation deposit, quality bonus deposit, integrity guarantee deposit, performance bond deposit, completion data deposit