"Detailed Management Rules for Inter-regional Power Grid Construction Projects"

In order to strengthen investment control, rationally control project cost, standardize cross-regional power grid construction project settlement management, clarify management responsibilities, and standardize management procedures, the State Grid Corporation Construction and Operation Department formulated the Interim Measures for the Construction of Inter-regional Power Grid Projects issued by the company headquarters. The Regulations for the Settlement of Inter-regional Power Grid Construction Projects (hereinafter referred to as the “Rules”) was officially issued in the near future.
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The "Rules" pointed out that the settlement of the project price referred to in these Rules refers to the agreement on the contract price of the cross-regional power grid project, as well as the advance payment of the project, the payment of the project progress payment and the settlement of the project completion price according to the contract. All relevant units involved in the construction and management of inter-regional power grids shall follow the principles of lawfulness, equality and integrity in complying with the relevant laws, regulations and policies of the State.
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These Rules shall apply to the project price settlement activities of the primary grid project (including non-independent secondary system projects) implemented by the State Grid Corporation's headquarters for direct investment and commissioned construction management. The independent secondary system project directly invested by the company headquarters, its project price settlement management is implemented with reference to these Rules.
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The "Rules" include general rules, settlement management institutions, determination and adjustment of contract price, preparation and review of construction contract settlement documents, preparation and review of settlement documents such as equipment and materials, approval of project investment settlement, and other seven chapters and thirty-three Article content.
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