I What is the main basis for formulating these Measures?
According to the relevant provisions of the Budget Law of the People's Republic of China, the Government Investment Regulations, the Investment Management Measures of Shanghai Municipal People’s Government, and the Municipal-level Construction Financial Project Management Measures of Shanghai Municipality, these Measures are formulated in light of the actual situations of this District so as to standardize the district-level investment management in this District and fully leverage the benefits of the government investment.
II What is the scope of application of these Measures?
The scope of application of these Management Measures is the activities of fixed assets investment construction with the funds arranged in the district budgets, including the new construction, expansion, reconstruction and technical transformation, etc.
It is mainly applied for the projects in public welfare services, public infrastructure, agriculture and rural areas, ecological environment protection, major scientific and technological progress, social management, national security and the other public fields that require the guarantee by the district-level government investment funds.
III How to prepare and implement the project annual investment plans?
In the third quarter of each year, the project (legal person) units shall, via the competent departments, submit to the District Development and Reform Commission the investment fund requirements of the district-level government investment funds for the next year's continued construction projects and planned new construction projects.
The District Development and Reform Commission, together with the District Finance Bureau and the relevant departments, shall study and propose suggestions for the annual plan arrangement of the district-level government investment projects, submit them to the District Government Routine Meeting for examination and verification, and submit them to the Standing Committee of the District Party Committee for approval.
The District Development and Reform Commission shall issue the annual investment plans for the district-level government investment projects in batches based on the approved annual plan arrangement suggestions and project progress. The project (legal person) units shall apply for the funds from the District Finance Bureau in accordance with the procedures and based on the approved project financial estimates, issued annual investment plans, construction progress, etc. The District Finance Bureau shall disburse the funds in accordance with the principles of "according to the financial estimates, annual investment plans, progress and contracts" and the relevant provisions of the treasury single account system.
IV What is the approval process for the district-level government investment projects?
For the district-level government investment projects, the project reserve system shall be implemented, and they are generally selected from the district-level government investment project reserve pool. The approval process for the projects funded by the direct investment and capital injection by the district-level construction financial resources includes the project proposals, feasibility study reports, preliminary designs and financial estimates.
At the same time, the Management Measures implement the requirements of the reform of the administrative approval system and further optimize the approval process:
1. For the district-level government investment projects with simple construction contents and small investment scale, the feasibility study reports may be directly prepared or may be compiled and submitted together with the project proposals.
2. For the projects included in the special plans and the special development and construction plans approved by the municipal and district people’s governments, the District Development and Reform Commission shall issue the project proposal approval forms.
3. Pilot reforms shall be carried out for the examination and approval of the feasibility study reports (at the preliminary design depth) for the district-level government investment projects in certain fields.
V What are the management requirements during the project implementation process?
The project units of the district-level government investment projects shall strictly organize and implement the projects in accordance with the approved preliminary designs and and financial estimates.
In the process of the project implementation, where the total investment of a project that is fully invested by the district-level government investment funds have changed; the projects for which the district-level government investment funds partially invested or arranged whose capital funds, and the total investment changes exceeds 10% or more, or the investment has changed and it requires adjustment of the district-level government investment funds; where there have been significant changes in the project legal persons, construction locations, construction contents, construction scale and construction standards, they shall be reported to the District Development and Reform Commission for approval in accordance with relevant provisions.
After the completion of the projects, the completion acceptance shall be carried out in accordance with the relevant national and municipal provisions, and the completion financial accounting shall be timely made after the completion acceptance.
VI How to go through the audit of financial accounting after project completion?
After completing the settlement of project payments settlement of the project price, the project (legal person) units shall promptly prepare the financial final accounts for the completion of the projects.
1. For the projects included in the annual audit plans, the District Audit Bureau shall organize the project audits;
2. For the remaining projects, the District Development and Reform Commission and the District Finance Bureau shall select the third-party audit institutions by the competitive methods such as bidding to conduct the final account audits for project completion. The third party audit institutions shall conduct audits in accordance with the established standardized procedures and report formats, and issue audit reports. When conducting audits or special audit investigations, the District Audit Bureau has the right to verify the relevant audit reports issued by the third-party audit institutions.
VII How to strengthen the supervision of the district-level government investment projects?
The District Development and Reform Commission and the other departments responsible for supervising and managing the district-level government investment projects in accordance with the law shall establish an information sharing mechanism for the government investment projects, achieve information sharing via online platforms, and strengthen the supervision and inspection of the implementation of the government investment projects by way of online monitoring, on-site verification and the other methods.
The project (legal person) units shall organize and implement the projects strictly in accordance with the requirements of the project approvals and in compliance with the law. For those that violate the laws, rules and the provisions of these Measures, depending on the severity of the situation, the District Development and Reform Commission may require them to rectification within a specified period of time, suspend the annual investment plans for the projects, suspend the approval of other projects of the project (legal person) units, and the District Finance Bureau may suspend the funding. For those that violate the laws and rules, the relevant departments shall investigate the project (legal person) units, construction units and the related personnel for their legal responsibilities in accordance with the law. The competent departments (units), project (legal person) units, social intermediary agencies and their staff shall strictly comply with the relevant laws and rules. For those that violate the provisions, the relevant units and their staff shall be punished by the relevant departments in accordance with the law. Those who commit crimes shall be investigated for criminal responsibilities in accordance with the law. The relevant units' and their staff's dishonest information shall be collected into the Public Credit Information Service Sub Platform of the Jing'an District in accordance with laws and rules.
Policy Consultation: Tel: 33371749
Investment Management Department of the Development and Reform Commission of Jing'an District