- The full value of a construction project for calculating minimum insurance includes all materials, labor costs, installation equipment, transportation fees, taxes, and other fees.
- The minimum insurance amount must not be less than the total construction contract value, including any adjustments or supplements.
- For specific guidance on insurance regulations, contact the relevant government authority.
Source: baochinhphu.vn
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
