Chengdu implements dynamic management of credit information of housing enterprises, which will be quantified and graded.

On May 7th, the Red Star journalist learned from Chengdu Housing and Urban-Rural Development Bureau that recently, Chengdu Housing and Urban-Rural Development Bureau issued the Measures for Credit Information Management of Chengdu Real Estate Development Enterprises (Trial) (hereinafter referred to as the Measures), proposing that credit management will be implemented for real estate development enterprises (hereinafter referred to as development enterprises) within the administrative area of Chengdu, including the collection, quantitative classification, release, use, supervision and management of credit information.

The relevant person in charge of Chengdu Housing and Construction Bureau introduced that this is an important measure for Chengdu to build a new market supervision system with credit construction as the starting point. The purpose is to further standardize the real estate development and operation behavior, cultivate the honest performance market, optimize the business environment, strengthen the management before, during and after the event, and promote the healthy and stable development of Chengdu real estate market.

How to quantify and grade credit information?

It will be divided into four levels: A(A++, A+, A), B, C and D.

What is the credit information of developing enterprises? The Red Star reporter learned that the credit information of development enterprises mentioned in the Measures (Trial) refers to the records formed by development enterprises in real estate development and operation activities to analyze and quantify their credit status. The credit information of development enterprises consists of basic credit information, good credit information and bad credit information.

According to the "Measures (Trial)", if there is no objection to the basic credit information added by the development enterprise in the credit information management system in the field of housing construction after 3 days of publicity, the credit system will automatically take 60 points as its credit basis. City, district (city) and county housing construction departments shall dynamically score the development and business activities of development enterprises according to the "Chengdu Real Estate Development Enterprise Credit Scoring Standard" adjusted and published in time, and the credit system will automatically generate corresponding credit quantitative scores.

The credit rating of development enterprises is divided into four grades: A(A++, A+, A), B, C and D according to the credit quantification score. A++ level is excellent credit, A+ level is good credit, A level is good credit, B level is general credit, C level is poor credit and D level is unqualified credit. Issued through the credit information management system in the field of housing construction. Implement credit incentives for development enterprises with a credit rating above A, and implement credit punishment for those with a credit rating below C.

After the credit rating is quantified,

What is the impact on the enterprise?

Then, after the credit rating is quantified, what impact will it have on the enterprise? The Measures (for Trial Implementation) clarify different incentive or disciplinary results corresponding to different credit ratings.

Implement the following incentive measures for development enterprises with a credit rating of A and above:

Free from dynamic verification of development and construction projects; If bank guarantee is provided, the supervision amount of pre-sale payment of commercial housing shall be reduced accordingly; Give priority to participating in the bidding activities of policy housing projects; Give priority to the business related to housing and construction in Chengdu; Give priority to participate in relevant evaluation and commendation activities; Give priority to government procurement of services; Push to "Chengdu Credit" and "Credit China" for publicity.

Implement the following early warning for development enterprises with credit rating of C:

The key verification of development and construction projects is not less than 2 times a year; Credit-related enterprises no longer enjoy Grade A and above incentives; The supervision amount of pre-sale payment of commercial housing will rise by a certain proportion accordingly; Do not support its participation in the bidding activities of Chengdu municipal government investment construction projects; The credit system issues credit warning tips to enterprises, and records reminders, interviews and warnings in the credit system.

For development enterprises with a credit rating of D, the following penalties shall be imposed:

Enterprise qualification upgrade is not supported; The key verification of development and construction projects shall be no less than 1 time every quarter; Shareholders' enterprises no longer enjoy Grade A and above incentives; Do not support them to participate in the bidding activities of public resource transactions and government-invested construction projects in Chengdu; The supervision amount of pre-sale payment of commercial housing will rise by a certain proportion accordingly; Send disciplinary information on dishonesty to enterprises, and publicize it on websites such as "Chengdu Credit" and "Credit China".

These dishonest cases

Incorporate into the list of joint disciplinary targets for serious dishonesty

Development enterprises have one of the following cases of dishonesty, by the municipal housing construction department into the list of joint disciplinary targets of serious dishonesty (hereinafter referred to as the list of disciplinary targets), and timely send a copy to the Municipal Public Resource Trading Center, China People's Bank Chengdu Branch and other departments:

The advance payment of commercial housing is not used for project construction, resulting in project shutdown and unfinished projects; Arrears of project funds, resulting in arrears of wages for migrant workers; The annual accumulated bad credit record is more than 5 times (inclusive) or the annual accumulated credit record is reduced to 10 or the credit rating is D; Failure to perform the main responsibility, resulting in adverse social impact or leading to major quality and safety accidents and other serious acts of dishonesty.

At the same time, the "Measures (Trial)" specifies in detail how to apply for objection when the development enterprise thinks that there is an information error, how to repair the general dishonesty, and the terms included in the list of joint disciplinary targets for serious dishonesty, and clarifies the repair methods.

The Measures (for Trial Implementation) shall be implemented on June 7, 2020, with a validity period of 2 years.

Red Star journalist Wang Yao