Capital construction in investment activities - Английский язык - Презентации

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Capital construction in investment activities

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Topic: Capital construction in Topic: Capital construction in investment activitiesinvestment activities The plan: 1. Economic nature and content of capital construction. 2. Stages and methods of organization of capital construction . 3. The organization of tenders in capital construction . WWW.ARXIV.UZ

• Fixed assets of the company are an integral part of the production cycle, a necessary factor in the process of continuous reproduction. As one of the most expensive assets, fixed assets will eventually wear out and lose their operational quality - properties that can affect the production as a whole. The creation, repair, modernization of fixed assets for all production and non- production sectors involved separate sector of the economy - capital construction. • financial, labor and material costs needed to build buildings. WWW.ARXIV.UZ

Capital construction is:Capital construction is: WWW.ARXIV.UZ

Finished products of the capital construction are: buildings, structures, premises, etc. WWW.ARXIV.UZ

Main subjects of the Main subjects of the capital construction are:capital construction are: WWW.ARXIV.UZ

Construction contract is concluded between the customer and the general contractor, and the general contractor is responsible for the quality of construction. The general contractor with the consent of the customer may hire subcontractors for specific types of jobs. Subcontractors – legal entities or individuals performing part of major construction project and responsible only for the quality of their work, not the object as a whole. WWW.ARXIV.UZ

Работы выполняемые в строительстве : Со стороны заказчика обеспечивается выполнение следующих работ: выбор и выделение земельных участок; подготовка первичных документов; подготовка строительного участка; организация пред-проектных работ; составление договора, проведение экспертизы и утверждение проекта, рабочих документаций и документов по организации тендеров; выбор по тендеру проектных организаций и подрядчика; заключение договоров согласно графика финансирования и выполнения работ; registration of the object of construction in state architectural - construction & other authorized bodies ; передача подрядчику документов дающих разрешения на строительство; переселение субъектов, живущих в зданиях, которые разрушаются, перемещаются или реконструируются, а также в тех регионах, где проводя

Capital construction can be Capital construction can be divided into 3 phases:divided into 3 phases: WWW.ARXIV.UZ

The main methods of organization of capital construction are the economic and contractual basis. WWW.ARXIV.UZ

Both methods have advantages and disadvantages. WWW.ARXIV.UZ

Financing of capital projects occurs in agreement of the customer and the contractor, but in the case of centralized funding sources (state budget, local budgets, extra-budgetary funds, etc.) financing scheme is mandatory for all participants in the construction project form (see Table 1). Authorized bodies who produced the current financing - а) Sources of state budget – Ministry of Finance of the Republic of Uzbekistan , Ministry of Finance of the Republic of Karakalpakistan , Departments of finance of regions and Tashkent city ; б) Sources of state special purposed funds ( except Extra budgetary Pension fund ) – possessors of these funds ; в) Other sources by decrees of government (except Foreign investments and loans guaranteed by the Government) - possessors of these sources ; WWW.A

Table 1. The scheme of financing of capital construction, carried out at the expense of centralized sources. Stages Activity Dates Responsible Stage 1 In accordance with the approved investment program customers in due course agree and approve construction projects, targeted lists of design work for future years by January 10 Customers, Contractors Stage 2 Opens in a serving bank financing January Customers, servicing bank Stage 3 Stands out in advance for the first two months of the year in equal installments of up to 30 percent of the cost of work January-February Funding bodies, customers, servicing banks Stage 4 Produced the current financing facility of up to 50 percent of the value of the object in view of advances in accordance with the charts of financing and production work accord

This scheme of financing was introduced to improve the quality of the finished objects of capital construction, improve the administrative and financial responsibility of contractors performing construction projects financed from centralized sources. For construction projects undertaken by other sources, this financing scheme is recommended. WWW.ARXIV.UZ

The organization of The organization of tenders in capital tenders in capital constructionconstruction Competitive tendering for capital construction Competitive tendering for capital construction (tenders) (tenders) organized in order to identify the optimal construction project on time, cost and quality of construction of the object. TendersTenders - the best way to select the supplier of goods, executor of works and services in accordance with the criteria and conditions set out in the tender documentation. WWW.ARXIV.UZ

The legal basis of the tenders in Uzbekistan is: • Regulation on the competitive bidding in capital construction in the territory of the Republic of Uzbekistan (Annex to the Resolution of the Cabinet of Ministers dated July 3, 2003 № 302); • Regulations of the two-stage tendering in capital construction in the territory of the Republic of Uzbekistan. WWW.ARXIV.UZ

The main participants of tenders (competitive bidding) are : WWW.ARXIV.UZ

• The investor - a legal entity or individuals investing their own or borrowed funds to purchase goods, civil works and services. • Customer - is an investor or a legal entity, who determined by investor in the prescribed manner, for the construction work and services. • The customer has the right to: • - make the decision to make tender with prequalification or without it; • - determine the form, type and date of the publication of tenders with issuance of official administrative documents; • - perform the functions of the organizer of competitive bidding; • - independently or with the assistance of a specialized organization, determine the starting value of the object of competitive bidding. WWW.ARXIV.UZ

The main objectives of the organizer The main objectives of the organizer of competitive bidding are:of competitive bidding are: WWW.ARXIV.UZ

Bidder - the applicant, qualified and whose offer registered by organizer of competitive bidding. Offer – bid of the applicant in respect of the subject of tenders submitted under the conditions specified in the tender documentation. WWW.ARXIV.UZ

The applicant to participate in competitive bidding has to meet following qualified requirements: • - availability of working capital in the amount of not less than 20% of the value of competitive bidding or bank guarantee for the provision of these funds, production facilities, manpower and expertise required to perform the work (services); • - civil legal capacity and authority to sign the contract; • - amount (scale) of authorized capital; • - work experience in objects of construction similar to those competitive object; • - information on the amount of work previously done in-house; • - intended scope of work handled by himself on the contest site (percent). WWW.ARXIV.UZ

Tender documentation is Tender documentation is generally composed of generally composed of three parts:three parts: • General • Technical • Commercial. WWW.ARXIV.UZ

The general part The general part includes:includes: • -invitation to tender; • -general conditions of contract for the purchase of goods, works and services; • -application form of applicants to participate in competitive bidding; • -instructions, including the requirements and criteria for evaluating applicants' qualifications and their technical and financial viability, financial criteria for evaluating proposals and determine the successful bidder, other documents relating to the procedure of competitive bidding. WWW.ARXIV.UZ

The technical part:The technical part: • The technical part designed in accordance with the Regulation on the procedure for the examination of the tender documentation of the construction, reconstruction, technical re-equipment, design, procurement, construction and equipment of construction projects. WWW.ARXIV.UZ

The commercial part:The commercial part: • The commercial part of the tender documentation consists of the price of goods (works, services) the conditions of work (services) and / or the delivery of goods, and the source of financing conditions, the life of the object of competitive bidding, the draft treaty. WWW.ARXIV.UZ

• Deadline for submission of offers shall not be less than thirty days from the date of publication of the advertisement in the media, or thirty- five days from the date of the invitation. • If the successful bidder refuses to sign the contract or fails to provide the enforcement of the contract by the due date, the customer, together with the tender committee may recognize the winner of the tender, the bidder whose offer received a second opinion, or schedule a rerun of competitive bidding. WWW.ARXIV.UZ

Thank you for your attention! WWW.ARXIV.UZ

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