1. Is it easy to collect municipal project funds?
It is not easy to collect municipal project funds. It is common to delay for a year and a half, so if you work in this industry, you have to do it yourself. Only if there is sufficient cash flow.
2. What to do if the project money is not returned
1. Negotiate with the debtor
In project debt, the debtor is generally in a In a relatively strong position, whether it is the contractor who owes money, or the subcontractor or illegal subcontractor, they all have various reasons not to pay the project debt, such as project quality problems, project delays, or the contractor's failure to pay for the project. The subcontractor or illegal subcontractor absconded with the money, the contractor refused to settle the contract, refused to accept the project, etc., but these are not the fundamental reasons for refusing to pay the project arrears.
2. Find the help of a debt collection company
When the debtor refuses to pay the project debt, some debtees choose to request the help of a debt collection company for assistance. Want to pay back the project debt. In practice, this approach involves certain legal risks because the legality of the debt collection company itself is problematic. According to my country's current relevant legal provisions, debt collection companies have always been in a gray area of ??the law. Under the premise that the debt collection companies themselves have legality issues, it is difficult to ensure that the debt collection behaviors they engage in are completely legal.
3. Is advance capital allowed in project construction?
Advanced capital contracting construction is a contracting method that has long existed in the field of construction projects in China. It refers to the construction of engineering projects. During the process, the contractor uses its own funds to advance the project construction for the contractor until the project construction reaches the agreed conditions or the entire project is completed, and then the contractor pays the project price according to the agreement.
Legal basis:
"Interpretation of the Supreme People's Court on Applicable Legal Issues in the Trial of Construction Project Construction Contract Disputes"
Article 6 It is allowed during project construction Advance payment. The parties have an agreement on the advance capital and the interest on the advance capital. If the contractor requests the return of the advance capital and interest in accordance with the agreement, the request shall be supported, except for the part where the agreed interest calculation standard is higher than the interest rate for similar loans issued by the People's Bank of China for the same period. If the parties have not agreed on the advance capital, it shall be treated as the project arrears. The parties have not agreed on the interest on advance capital, and the contractor's request for payment of interest will not be supported.