National Development and Reform Commission, Administration of Commissioning Investment Consultation and Appraisal by the National Development and Reform Commission Procedures

Promulgated: September 15 2004
Effective: November 1 2004
Applicability: The Procedures apply to consultation over and appraisal of the following: (1) project proposals and feasibility study reports of government-funded projects that are subject to examination and approval by the National Development and Reform Commission (NDRC) or verification by the NDRC and submission to the State Council for examination and approval; (2) project applications of enterprise investment projects subject to verification by the NDRC or verification by the NDRC and submission to the State Council for verification; (3) development and construction plans for key areas that are subject to examination and approval by the NDRC or verification by the NDRC and submission to the State Council for examination and approval; and (4) other matters commissioned by the NDRC (Article 2).

Main contents: Selected consultancies shall meet the following requirements: (1) they shall have Grade A consultation qualifications in the profession related to the project commissioned by the NDRC for consultation and appraisal, and passed annual inspection for three consecutive years; (2) they shall have undertaken not less than 10 jobs of appraisal of and compiling feasibility study reports for projects with total investment of Rmb50 million or above in the most recent three years; (3) they shall have not less than 20 full-time senior technical personnel; and (4) they shall have registered capital of not less than Rmb8 million (not including institutions) (Article 3). Consultancies selected to undertake the compilation of project proposals, feasibility study reports, project applications, and development and construction plans for key areas shall not undertake consultation and appraisal duty for the same project or item. Consultancies undertaking consultation and appraisal jobs shall not undertake such follow-up works as design, optimizing design, bid invitation agency, supervision, construction agency and post-project evaluation of the same project (Article 8). Development and reform departments of local governments at all levels may formulate relevant administrative Procedures with reference to the provisions of the Procedures (Article 15).
Related legislation: State Council, Reform of the Investment System Decision, Jul 16 2004, CLP 2004 No.8 p6