When will the project quality deposit be paid?

Construction projects are generally contracted to relevant units, and only need to sign contracts, so as to better protect the rights of both parties. Generally, the project quality deposit will be paid according to the requirements of the construction unit. Then, when will the project quality deposit be paid? The following is an introduction to the origin, hoping to help you. 1. When will the project quality deposit be paid?

Project quality deposit, also known as construction project reputation deposit, refers to the funds paid by the construction unit in advance to the construction unit to ensure the quality of the project according to the requirements of the construction unit before the construction project contract is signed.

The construction unit shall reserve a deposit for all or part of the construction projects invested by the government according to the proportion of about 5% of the total settlement amount of the project price. If the social investment projects adopt the method of reserve a deposit, the proportion of reserve a deposit may refer to the method and proportion of reserve a deposit agreed by the employer and the contractor in the contract.

After the completion of the construction project, the employer shall pay the project settlement price and the reserved deposit to the contractor in time in accordance with the contract. Quality guarantee refers to the funds that the contractor delivers to the construction unit to ensure the quality of the project according to the requirements of the construction unit before the performance of the construction project contract. Generally, the quality problems before the completion acceptance are guaranteed to ensure that the contractor can repair the defects in the construction project during the defect liability period.

Second, the legal basis of the project quality deposit

Article 10 of the Measures for the Administration of Construction Project Quality Margin has specific provisions on project quality margin. After receiving the application for refund of the deposit from the construction unit, the construction unit shall check with the construction unit according to the contents agreed in the contract within 14 days.

If there is no objection, the construction unit will return the deposit to the construction unit within 14 days after verification. If it is overdue, interest shall be calculated and paid according to the bank's loan interest rate for the same period from the date of overdue, and it shall be liable for breach of contract.

Third, the project quality deposit return application process

(a) the construction unit shall apply to the quality inspection department of the Housing Construction Bureau;

(two) the city property management office signed a refund opinion and stamped it and returned it to the quality supervision department before returning it;

(3) If there is no problem during the announcement period, it will be confirmed by the property, signed by the leaders of the property management department and reported to the General Department for review. After no objection, it will be stamped and returned to the Quality Supervision Department of the Housing and Construction Bureau;

(4) If there are any problems reflected, the property management department will instruct the development and construction unit to carry out maintenance after statistical sorting. If the maintenance is qualified, it shall be reported to the property management department for confirmation, signed by the owner and sealed by the property.

The above is the relevant legal knowledge about when to pay the project quality deposit. To sum up, the employer shall pay the project settlement price and the reserved deposit to the contractor in time as agreed in the contract.