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ORDER OF THE MINISTER OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN

of December 5, 2014 No. 129

About approval of Rules of development or adjustment, conducting necessary examinations of the investment offer of the state investment project, and also planning, consideration, selection, monitoring and assessment of realization of budget investments and determinations of feasibility of the budget crediting

(as amended on 19-12-2019)

According to Item 14 of Article 151, Item 6 of Article 152, Items 5 and 21 of Article 153, Item 13 of Article 154, Items 10 and 11 of Article 157, Items 3 and 4 of Article 159, subitems 1) and 2) Article 187 of the Budget code of the Republic of Kazakhstan of December 4, 2008 PRIKAZYVAYU:

1. Approve the enclosed Rules of development or adjustment, conducting necessary examinations of the investment offer of the state investment project, and also planning, consideration, selection, monitoring and assessment of realization of budget investments and determination of feasibility of the budget crediting.

2. To department of budget investments and development of public-private partnership (Ayazbayev N. A.) provide:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) within ten calendar days after state registration of this order in the Ministry of Justice of the Republic of Kazakhstan its direction on official publication in periodic printing editions and information system of law of Ad_let;

3) publication of this order on official Internet resource of the Ministry of national economy of the Republic of Kazakhstan.

3. This order becomes effective from the date of its state registration.

The paragraph the fourth Item parts one 53, Item part seven 114, Item part nine 115, part nine of Item 138 of Rules are effective till December 31, 2015.

Minister

E.Dosayev

Approved by the Order of the Minister of national economy of the Republic of Kazakhstan of December 5, 2014 No. 129

Rules of development or adjustment, conducting necessary examinations of the investment offer of the state investment project, and also planning, consideration, selection, monitoring and assessment of realization of budget investments and determination of feasibility of the budget crediting

Chapter 1. General provisions

1. These rules of development or adjustment, conducting necessary examinations of the investment offer of the state investment project, and also planning, consideration, selection, monitoring and assessment of realization of budget investments and determination of feasibility of the budget crediting (further - Rules) are developed according to Item 14 of Article 151, Item 6 of Article 152, Items 5 and 21 of Article 153, Item 13 of Article 154, Items 10 and 11 of Article 157, Items 3 and 4 of Article 159, subitems 1) and 2) of Article 187 of the Budget code of the Republic of Kazakhstan.

2. In these rules the following concepts are used:

1) assessment (during economic examination) - the conclusions characterizing information provided in the feasibility statement on the budget investment project or in financial and economic reasons for budget investments;

2) the administrator of the budget programs (further - ABP) - the state body responsible for planning, reasons, realization and achievement of results of the budget programs;

3) budget investments - the financing from the republican or local budget directed to creation and (or) development of assets of the state by implementation of the budget investment projects and also forming and (or) increase in the authorized capital of legal entities, except for the assets directed to initiation of efficient measures for ensuring social and economic stability;

4) financing sources on budget investments - means republican and/or local budgets, including the borrowed funds allocated for realization of budget investments;

5) effectiveness of budget investments - availability of the proofs confirmed with calculations, cost and financial performance of budget investments by means of forming and (or) increase in the authorized capital of the legal entity, and also possibility of achievement of indicators of results, availability of performance indicators and quality.

On the budget investments planned to realization by means of participation of the state in the authorized capital of legal entities in the form of non-commercial joint-stock companies, the state companies performing activities in the social sphere and which main source of the income is the republican and (or) local budget availability of proofs of cost and financial performance it is not required;

6) feasibility of budget investments - reasons for economic feasibility of implementation of budget investments by means of forming and (or) increases in the authorized capital of the legal entity and implementation of the budget investment projects, their influences on national economy and compliance of the project to provisions of documents of System of state planning, to annual president's letters of the Republic of Kazakhstan to the people of Kazakhstan and orders of the President of the Republic of Kazakhstan;

7) the budget investment project (further - BIP) - set of the actions directed to creation (construction) new or reconstruction of the available objects, and also creation and development of objects of informatization, except for the objects of informatization intended for realization of the tasks aimed at providing activities of the President of the Republic of Kazakhstan, and also objects of informatization of the special state bodies realized at the expense of the budgetary funds directly by the administrator of the budget program during the certain period of time and having complete nature;

8) the economic conclusion according to the budget investment project - the conclusion of the central or local authorized body on state planning regarding economic feasibility of implementation of the budget investment project, its influence on national economy and the compliance to strategic and (or) program documents prepared based on the conclusion of economic examination of the feasibility statement on the budget investment project;

9) monitoring of the budget investment projects - set of actions for regular and systematic collection and information analysis about the course of creation (construction) new, reconstruction of the available objects, and also creations and developments of objects of informatization from the moment of allocation of budgetary funds until commissioning;

10) assessment of implementation of the budget investment projects - set of measures for determination of extent of goal achievement of the project and compliance of actually received results to planned from the moment of commissioning of the facility;"

11) the specification on development or adjustment of the budget investment project - the document determining requirements to the feasibility statement on the budget investment project, qualification requirements to his potential developer, and also regulating terms and amount of works on development or adjustment of the feasibility statement on the budget investment project;

12) feasibility of the budget investment project - approachibility of indicators of project deliverables;

13) resource and infrastructure providing the budget investment project - the indicators characterizing the planned and reached level of need for resource and infrastructure security of the project;

14) economic examination of the feasibility statement on the budget investment project - complex assessment of information provided in the feasibility statement, regarding determination of feasibility and efficiency of the project, carried out based on the conclusion of industry examination and others, the conclusions of examinations required according to the legislation of the Republic of Kazakhstan;

15) efficiency of the budget investment project - approachibility of the best direct result with use of required amount of budgetary funds or goal achievements of the project with use of smaller amount of budgetary funds or receipt of positive economic effect of project implementation;

16) the budget crediting - the process including procedures of decision making about provision, use, servicing and repayment of budget credit;

17) payback of the actions realized at the expense of budget credit - availability of the proofs confirmed with calculations, recoverability of budget credit and financial performance of the project;

18) complex non-departmental examination - the examination of construction projects of objects (including industry and departmental examinations), which is carried out by the principle of "one window" according to the feasibility statements and the design estimates intended for construction of buildings and constructions, their complexes, engineering and transport communications according to the legislation of the Republic of Kazakhstan on architectural, town-planning and construction activities in the Republic of Kazakhstan;

19) cost and social efficiency of implementation of actions by means of the budget crediting - availability of the proofs confirmed with calculations, availability of social and economic benefits from the project planned to realization by means of the budget crediting;

20) Gant's chart - the chart used in the electronic portal of budget investments for illustration of graphical display of the sequence and duration of the project plan and the working schedule in time;

21) monitoring of budget investments by means of participation of the state in the authorized capital of legal entities - set of actions for regular and systematic information collection, accounting and the analysis of realization of budget investments by means of participation of the state in the authorized capital of the legal entities involved from the republican or local budget, by means of forming of the original authorized capital, acquisition of the block of shares (share) of legal entities until final realization of the specified actions;

22) assessment of budget investments by means of participation of the state in the authorized capital of legal entities - set of measures for determination of extent of goal achievement and compliance of actually received results to planned from the moment of final implementation of actions;

23) economic examination of financial and economic reasons for budget investments by means of participation of the state in the authorized capital of legal entities - complex assessment of information provided in financial and economic reasons, regarding compliance of actions to criteria of justification and effectiveness, carried out based on the conclusion of industry examination and required according to the budget legislation of the Republic of Kazakhstan of other conclusions of examinations;

24) the economic conclusion on budget investments by means of participation of the state in the authorized capital of legal entities - the conclusion of the central or local authorized body on state planning regarding economic feasibility of implementation of budget investments, their influence on national economy and the compliance to strategic and (or) program documents prepared based on the conclusion of economic examination of financial and economic reasons for budget investments by means of participation of the state in the authorized capital of legal entities;

25) planning documents of activities of legal entities - the development strategy for 10 years and development plans for 5 years of national managing holdings, national holdings, the national companies with participation of the state in the authorized capital, and also the development plans for the joint-stock companies and limited liability partnerships, the state companies controlled by the state approved in the procedure established by the legislation of the Republic of Kazakhstan on development and approval of development strategies on 10 years and development plans for 5 years of national managing holdings, the national holdings, the national companies with participation of the state in the authorized capital controlled by the state of joint-stock companies and limited liability partnerships, the state companies;

26) the purposes of development of the legal entity - implementation of actions aimed at the development of industry, improvement of economic and social situation in industry which are not providing covering of the current losses of economic activity and financing of current expenses;

27) budget investments by means of forming and (or) increase in the authorized capital of the legal entity (further - Investments) - implementation of actions, aimed at the development of the legal entity by means of forming and (or) increases in its authorized capital from the republican or local budget;

28) the receiver of budget investments by means of forming and (or) increase in the authorized capital of the legal entity (further - the Receiver) - the legal entity who is the final receiver of means for increase or forming of the authorized capital, realizing actions at the expense of budget investments;

29) justification of budget investments by means of forming and (or) increase in the authorized capital of the legal entity - availability of the proofs documented and (or) calculations, the amount of financing on implementation of actions, and also impossibility of financing of actions at the expense of own and borrowed funds;

30) the investment offer - the conceptual offer proving feasibility of implementation of the state investment projects within implementation of the state, government programs and development programs of the territories for goal achievement, reflecting ways of its achievement and possible methods of financing, including set of the relevant activities, developed by administrators of the budget programs;

31) the project of institutional state-private partnership - the project planned to realization by participation of the state in the company of public-private partnership according to the agreement of public-private partnership;

32) information leaf of the investment offer - the document containing the main information on the state investment project, disclosing feasibility of its realization;

33) the economic conclusion on the investment offer - complex assessment of information provided in the investment offer, with use of the analysis of benefits and costs, carried out based on the conclusion of industry examination and other conclusions of the examinations required according to the budget legislation of the Republic of Kazakhstan;

34) subjects of the quasi-public sector - the state companies, limited liability partnerships, joint-stock companies, including national managing holdings, national holdings, the national companies, participant or the shareholder of which is the state, and also the affiliated, dependent and other legal entities who are affiliated with them according to legal acts of the Republic of Kazakhstan;

35) the concessionary project - set of actions for implementation of the concession realized during the limited period of time and having complete nature according to the budget legislation of the Republic of Kazakhstan and the Law of the Republic of Kazakhstan "About concessions";

36) the creditor - the party of the credit agreement granting budget credit according to the budget and civil legislation of the Republic of Kazakhstan;

37) the legal entity determined by the Government of the Republic of Kazakhstan or local executive bodies - JSC Kazakhstan Center of Public-private Partnership, according to the order of the Government of the Republic of Kazakhstan of July 17, 2008 No. 693 "About creation of the specialized organization for concession" or the legal entity determined by the decision of local executive body;

38) economic examination of financial and economic reasons for the budget crediting for realization of the state investment policy by the financial agencies of the legal entity determined by the Government of the Republic of Kazakhstan or local executive bodies - complex assessment of information provided in financial and economic reasons regarding compliance of actions to criteria "cost and social efficiency of implementation of actions by means of the budget crediting" and "payback of the actions realized at the expense of budget credit";

39) financial and economic reasons (further - FEO) - the document containing data on feasibility, justification and result assessment from investment of budgetary funds in the authorized capital of legal entities;

40) the financial agency - national managing holding and legal entities whose hundred percent of shares belong to national managing holding, and also bank or the organization with absolute participation of the state performing the separate types of banking activities authorized according to the legislation of the Republic of Kazakhstan on realization of the state investment policy in certain spheres of economy and performing for this purpose borrowings in the financial market of the Republic of Kazakhstan and (or) the international financial market;

41) financial and economic reasons for the budget crediting for realization of the state investment policy by the financial agencies (further - FEO of budget credit) - documentation containing results marketing, socio-economic analysis, and also financial calculations, the proving paybacks and cost and social efficiency of implementation of actions by means of the budget crediting;

42) participants of the financial scheme - the organizations participating in obtaining and distribution of budget credit except for of the final borrowers who are not subjects of the quasi-public sector;

43) adjustment of financial and economic reasons - change of the set financial and economic parameters of budget investments by means of participation of the state in the authorized capital of the legal entities attracting amendment and (or) change of actions, technical technology solutions, increase in the expenses provided on the approved actions;

44) the borrower - the party of the credit agreement obtaining budget credit which incurs obligations on repayment of principal debt and payment of remuneration, and also other payments according to the credit agreement;

45) participants (further - Participants) - the organizations participating in obtaining and distribution of budget investments by means of forming and (or) increase in the authorized capital of the legal entity;

46) component - the action component having complete nature;

47) the marketing circle - set of active subjects and conditions in which activities of the legal entity are performed, being the final receiver of means for increase or forming of the authorized capital, realizing actions at the expense of budget investments, and influencing opportunities to establish and maintain the relations of successful cooperation with target clients;

48) the module of monitoring of budget investments of the electronic portal of authorized body on state planning (further - the electronic portal) - the information system intended for automation of accounting and monitoring of the planned and implementable budget investments;

49) the state investment project (further - GIP) - complex of the actions directed to achievement of strategic objectives of the state by implementation of budget investments and projects implementation of PPP, including concessionary projects;

49-1) multiplicative effect - influence on development of economy when implementing budget investments in the corresponding industry;

50) indicators of results - the set of target indicators, straight lines and resulting effects characterizing activities of state body for implementation of the strategic plan, development program of the territory and (or) the budget programs;

51) product - the result of economic activity provided in material and material (material product) or non-material (intellectual product) form, or in work type and (or) services, including financial;

52) the conclusion of industry examination - assessment of the investment offer of the state investment project or feasibility statement on the budget investment project or financial and economic reasons for budget investments regarding compliance to priorities of development of industry;

53) the estimated cost of construction (further - estimated cost) - the money necessary for implementation of asset construction which amount is determined on the basis of project materials and the estimate regulatory base;

54) the feasibility statement (further - the feasibility study) - the document containing data on the main technical, technology and other solutions, and also results of studying of feasibility and efficiency of the budget investment project which is carried out on the basis of the economic analysis of benefits and costs with determination of the key technical and economic parameters;

55) adjustment of the feasibility statement - change of the set technical and economic parameters of the budget investment project involving change of technical solutions and additional expenses;

56) technical and economic parameters - the main indicators provided in the feasibility statement or in the investment offer of BIP directed to creation and development of objects of informatization;

57) the final borrower - the final receiver of the budget credit granted to it by the specialized organization or the borrower on behalf of local executive body on the conditions determined by the creditor or the financial agency;

58) resulting effect - the indicator of the budget program which is quantitatively measuring goal achievement of the strategic plan, development program of the territory and (or) the budget program, caused by achievement of direct results of activities of state body;

59) direct result - the quantity characteristic of amount of the carried-out state functions, powers and the rendered state services within the provided budgetary funds which achievement completely depends on the organization activity performing these functions, powers or the rendering service;

60) action - complex of the interconnected component(s) directed to accomplishment of the tasks which are carried out within implementation of budget investments.

Chapter 2. Procedure for development or adjustment, conducting necessary examinations of the investment offer of the state investment project

Paragraph 1. Procedure for development or adjustment of the investment offer of the state investment project

3. Process of development, adjustment and consideration of investment offers of GIP represents the complex of actions containing the following main stages:

1) representation of ABP of investment offers in the central or local authorized body on state planning;

2) consideration and preparation of the economic conclusion on the investment offer the central or local authorized body on state planning.

4. Development of investment offers of GIP is performed by ABP.

On uniform (same) GIP development of ABP of one investment offer is allowed.

If before enforcement of the Law of the Republic of Kazakhstan of December 3, 2013 "About modification and amendments in some legal acts of the Republic of Kazakhstan concerning enhancement of the budget legislation" on the investment offer the PIP, the feasibility study for BIP, FEO of Investments, the concessionary offer of concessionary projects the conclusion of economic examination, experimental testimony or the economic conclusion was drawn, and also GIP is provided in the relevant budget (the type and method of financing is determined), that ABP is not required development of the investment offer of GIP, besides the authorized body on state planning can provide the additional economic conclusion to earlier issued economic conclusion on the investment offer the PIP, the feasibility study for BIP, FEO of Investments, the concessionary offer of concessionary projects.

5. GIP are subdivided into the following types:

1) budget investments which can be directed on:

creation (construction) and reconstruction of objects which can be technically difficult and (or) unique, and technically simple and (or) standard, and also creation and development of objects of informatization;

institutional development of industry (industries) by means of forming or increase in the authorized capital of subjects of the quasi-public sector;

2) projects of public-private partnership (further - PPP), including concessionary projects.

6. Investment offers of GIP include the following documents:

1) information leaf of the investment offer on form according to appendix 1 to these rules;

2) conclusion of industry examination of the investment offer;

3) calculations for possible types and methods of financing of GIP (the budget investment project, budget investments by means of participation of the state in the authorized capital of legal entities, the project of public-private partnership, including the concessionary project, budget credit, private investments);

4) calculations and reasons for cost of GIP (according to construction standard rates or calculation procedure and standard rates of costs for creation, development and maintenance of objects of the informatization of state bodies approved according to Item 1 of the subitem 23) of article 7 of the Law of the Republic of Kazakhstan of November 24, 2015 "About informatization" (further - the Technique);

5) if the investment project does not require development of the feasibility study to the investment offer, the specification on designing or the specification on creation and development of object of informatization of "the electronic government" in addition is submitted;

6) in case of adjustment of the feasibility study for BIP, FEO of Investments, the feasibility study or FEO of the budget crediting:

the comparative table with indication of expected changes of technical solutions and (or) additional expenses according to the feasibility study the PIP or FEO of Investments, and also the PIP or FEO of Investments approved by the feasibility study (when implementing the Investments directed to creation (construction) new or reconstruction of the available objects, as a part of the approved FEO of Investments the approved feasibility study (developed according to these rules) or the approved design estimates (further - the design and estimate documentation) is submitted;

calculation reasons of cost of adjustment, and also conducting necessary examinations of the feasibility study the PIP or FEO of Investments, the feasibility study or FEO of the budget crediting by components and terms of their development;

if GIP is implemented in the territory of foreign states, the relevant documents confirming the initial and offered to adjustment cost of GIP, approved according to the procedure, established by the legislation in the field of construction of that state in the territory of which this project is implemented with appendix of the text of the specified legislation and with ensuring its transfer on the Kazakh and (or) Russian languages are submitted;

the letter of complex non-departmental examination on feasibility of the expected made changes in project solutions of earlier approved feasibility study and (or) the design and estimate documentation of budget investments;

the explanatory note containing information on achievement or not achievement of the indicators specified in the approved feasibility study the PIP or FEO of Investment including in case of complete development of the allocated budgetary funds with indication of the reasons not of achievement;

7) in case of acquisition by subjects of the quasi-public sector of assets, in particular shares of the authorized capital of legal entities, it is necessary to provide the conclusion of value assessment of these assets, prepared:

the independent estimative companies if the asset cost does not exceed 1 300 000 (one million three hundred thousand) monthly settlement indicators in current prices;

the international professional organizations of appraisers if the asset cost exceeds 1 300 000 (one million three hundred thousand) monthly settlement indicators in current prices;

8) if ABP is offered to implement GIP by increase in the authorized capital of the legal entity, the investment map of the subject of the quasi-public sector according to the investment projects realized, realized and planned to realization for the five-year period which is represented in the electronic portal, and also on paper and electronic carriers in form according to appendix 1-1 to these rules in addition is submitted;

9) in case of forming of the authorized capital of the legal entity, more than 50% of shares (shares in the authorized capital) which directly or indirectly belong to the state, the decision of antimonopoly authority according to regulations of the Entrepreneurial code of the Republic of Kazakhstan in addition is submitted;

10) in case of unprofitability of the legal entity in the periods preceding the planned period the plan for financial and economic improvement of the legal entity approved by executive body of the legal entity is submitted;

11) in case of realization of the budget investments directed to completion of object of construction in progress the data on construction in progress condition confirmed with technical inspection and the conclusion of technical supervision in addition are represented.

7. Information leaf of the investment offer contains information on priorities of development of industry (sphere) of economy, the established documents of System of state planning, annual president's letters of the Republic of Kazakhstan to the people of Kazakhstan, orders of the President of the Republic of Kazakhstan, general information on investment projects (project) and actions including their main indicators. 

8. Information leaf of the investment offer contains:

1) data on ABP and GIP offered to realization;

2) retrospective (information on earlier allocated and mastered funds on GIP, including on the current programs);

3) marketing analysis of industry;

4) the general description of GIP assumed to realization;

5) institutional scheme of management of GIP;

6) social and ecological impact;

7) alternative options of realization of GIP by possible types and methods of financing.

9. The conclusion of industry examination of the investment offer contains assessment:

1) problems of current status of industry which influences its further development, and also the comparative analysis of the services operating provided and offered;

2) expected multiplicative effect of realization of GIP on allied industries (spheres) of economy, including influence on replenishment of revenues of the budget, creation of new workplaces;

3) the alternative options considered in case of the choice of way of solving the problem with reasons for the choice of GIP as optimum way of its decision taking into account foreign experience;

4) justification of the expected institutional scheme of management of GIP (the main participants, the scheme of their interaction, distribution of benefits and costs of asset holders, the scheme of management of GIP in the investment and post-investment periods);

5) expected risks on the project (financial, operational, technical, credit, normative and legal, technological, marketing, market, commercial, ecological and social risks) and actions for their minimization;

6) compliance of GIP to documents of System of state planning, to annual president's letters of the Republic of Kazakhstan to the people of Kazakhstan, orders of the President of the Republic of Kazakhstan;

7) justification of amount of GIP.

The investment offer of the state investment project in the sphere of informatization ABP are brought in authorized body and authorized body in the sphere of ensuring information security for receipt of the conclusions in spheres of informatization and information security.

Examination in the sphere of informatization of investment offers is performed according to the rules of conducting examination in the sphere of informatization of investment offers, financial and economic reasons for budget investments approved according to Item 1 of article 57 of the Law of the Republic of Kazakhstan of November 24, 2015 "About informatization".

Assessment regarding justification of calculations of expenses, determinations of feasibility and efficiency of the budget investment project directed to creation and development of objects of informatization is performed by authorized body in the sphere of informatization, according to Item 2 of article 57 of the Law of the Republic of Kazakhstan of November 24, 2015 "About informatization" and it is specified in the conclusion in the sphere of informatization.

8) justification of the priority choice of the mechanism of realization of GIP depending on requirement of the state investments.

The industry conclusion of the central authorized body according to the budget investment projects aimed at the development of the information systems which are not requiring development of the feasibility statement contains the calculations and reasons corresponding to standard rates of costs for development of information systems in the sphere of informatization.

The cost of the budget investment projects aimed at the development of the information systems which are not requiring development of the feasibility statement proves to be true based on the calculations and reasons provided as a part of the industry conclusion of authorized body in the sphere of informatization.

10. If realization of GIP is offered at the expense of means of the republican budget, the conclusion of industry examination of the investment offer is provided by the central authorized body of the corresponding industry, in case of impossibility of reference of GIP to any certain industry, the industry conclusion is provided to ABP.

If GIP assumed to realization at the expense of means of the republican budget affects the sphere of responsibility of several industry central state bodies, the specified industry central state bodies in addition provide the conclusions of the corresponding industry examinations of GIP.

At the same time, the additional conclusions of industry examinations are provided by the relevant industry central state bodies signed by the first head or replacement his face, or person authorized separately on each GIP by the first head of state body only regarding impact assessment of realization of GIP on the supervising industry and compliance to industry priorities.

11. If realization of GIP is offered at the expense of funds of the local budget or target transfers for development and the credits from the higher budget, the conclusion of industry examination of the investment offer is provided by the industry local executive body financed from the local budget in case of impossibility of reference of ABP to any certain industry, the industry conclusion is provided to ABP.

If GIP assumed to realization at the expense of funds of the local budget or target transfers for development and the credits from the higher budget affects the sphere of responsibility of several industry local authorities, the specified industry local state bodies in addition provide the conclusions of the corresponding industry examinations of GIP.

12. Calculations for possible types and methods of financing of GIP which include the basic parameters of financial and economic model and measure calculations of cost efficiency represented in forms according to appendix 2 to these rules.

13. Calculations and reasons for cost of GIP in the sphere of informatization correspond to the Technique.

14. The investment offer of GIP, including the documents specified in Item 6 of these rules are polistno initialed by the head of the structural unit of ABP responsible for development of the investment offer and is drawn up in the procedure established by the legislation of the Republic of Kazakhstan for official documents.

The documents specified in subitems 1) and 2) of Item 6 of these rules are signed by the first head of state body – ABP either replacement his face, or the face authorized separately on each GIP by the first head of state body – ABP.

According to the investment offer of GIP according to which implementation of budget investments by means of participation of the state in the authorized capital of the national holdings and national managing holding providing projects implementation in various industries of economy which cannot be carried to competence of one ABP and also the organization performing activities for the organization and holding the international specialized exhibition in the territory of the Republic of Kazakhstan is planned the documents specified in Item 6 of these rules are represented signed by the first heads of data of national holdings, national managing holding and organization, or persons them replacement, except for the information leaf, the conclusion of industry examination represented signed by the first head of state body – ABP of either replacement his face, or the face authorized separately on each GIP by the first head of state body – ABP.

15. ABP create and represent to the central or local authorized body on state planning the investment offers of GIP including the documents specified in Item 6 of these rules.

For single system of electronic document management documents are provided in not edited graphical format.

In case of lack of single system of electronic document management the investment offer is introduced on paper.

16. In case of absence in single system of electronic document management of complete document package (scanned in the PDF format) which availability is necessary for preparation of the economic conclusion, the central or local authorized body on state planning returns the investment offer of GIP ABP.

17. The investment offer on adjustment of budget investments is developed only in the following cases:

1) adjustments of the feasibility study PIP;

2) adjustments of FEO of Investments;

3) adjustments of the feasibility study or FEO of the budget crediting;

4) if following the results of consideration of the feasibility study for BIP, FEO of Investments, the feasibility study or FEO of budget credit the economic conclusion of the central or local authorized body on state planning recommends other types and methods of realization of GIP.

Adjustment of the investment offer on BIP, directed to creation and development of objects of informatization is performed in case of change of the set technical and economic parameters involving change of technical solutions and additional expenses.

The investment offer on adjustment of budget investments is made only on the project on which change of technical and economic parameters from earlier made investment offer on uniform (same) GIP having the positive economic conclusion is supposed.

On the projects which are not assuming change of technical and economic parameters, introduction of the corrected investment offer for conducting the examinations provided by these rules it is not required.

Paragraph 2. Procedure for conducting necessary examinations of the investment offer of the state investment project

18. Conducting necessary examinations of the investment offer of GIP represents consideration of the documents specified in Item 6 of these rules and preparation of the economic conclusion by the central or local authorized body on state planning investment offers of ABP.

The central or local authorized body on state planning considers investment offers of ABP regarding economic feasibility, compliance of project objectives to priorities of development of industry (sphere) of economy, the established documents of System of state planning, annual president's letters of the Republic of Kazakhstan to the people of Kazakhstan, orders of the President of the Republic of Kazakhstan, within 20 (twenty) working days and sends the economic conclusion to ABP on them.

19. Expertize on the investment offer is carried out using the analysis of benefits and costs and performed according to technique of selection of GIP according to appendix 3-1 to these rules.

The analysis of benefits and costs is characterized by assessment of the following indicators:

1) the budget efficiency - the relative indicator of effect for the budget as a result of implementation of investments determined as the relation of the result received by the budget to costs;

2) payback of GIP - possibility of GIP provided in investment offers to generate cash flows;

3) priority of GIP - the importance of realization of GIP caused by social, strategic, political, ecological and other factors.

20. Result of the economic conclusion of the central or local authorized body on state planning is determination of possible type and methods of financing of GIP from the budget.

21.  No. 61 is excluded according to the Order of the Acting Minister of national economy of the Republic of Kazakhstan of 16.02.2018

22. The economic conclusion on the investment offer on GIP is prepared by the central or local authorized body on state planning in form according to appendix 3 to these rules.

22-1. The economic conclusion on the investment offer on GIP, including on corrected on which within three years after determination of type and methods of financing development is not begun feasibility studies, the design and estimate documentation, FEO, the tender documentation of the project of public-private partnership (are not developed), and also realization of BIP directed to creation and development of object of informatization is considered obsolete.

Chapter 3. Procedure for planning, consideration and selection of budget investments

Paragraph 1. Procedure for planning of budget investments

23. Planning of BIP is performed in three stages:

1) development and conducting examinations of investment offers;

2) development or adjustment, and also conducting necessary examinations of the feasibility study the PIP, except for the projects which are not requiring development of the feasibility study;

3) selection of BIP at stage of development of the budget.

24. Planning of Investments is performed in three stages:

1) development and conducting examinations of investment offers or business plan of the project of PPP;

2) development or adjustment, and also conducting necessary examinations of FEO;

3) selection of Investments at stage of development of the budget.

Paragraph 2. Procedure for distribution of funds for financing of development or adjustment, and also conducting necessary examinations of feasibility statements on the budget investment projects

25. ABP based on the positive economic conclusion on investment offers of GIP represent to the central or local authorized body on state planning the request about need of assignment according to the distributed budget program for development or adjustment, and also conducting necessary examinations of the feasibility study the PIP in the current year in which the positive economic decision is received, or in the following planned financial year (further - the request for financing of development of the feasibility study the PIP) and the specification.

26. The specification on development or adjustment of the feasibility study the PIP is constituted and considered based on requirements to development or adjustment, and also conducting necessary examinations of the feasibility study the PIP determined by these rules if other is not stipulated by the legislation of the Republic of Kazakhstan.

In the draft of the specification are also reflected:

1) qualification requirements to the potential developer of feasibility study of BIP according to the legislation on public procurements;

2) scope and restrictions of obligations of developer according to the legislation on public procurements;

3) expected terms of development or adjustment, and also conducting necessary examinations of the feasibility study PIP.

26-1. In the cases established by the legislation of the Republic of Kazakhstan within development or adjustment of the feasibility study the PIP is financed conducting the corresponding necessary examinations, except for economic examination.

Financing and conducting examinations of the feasibility study the PIP are performed at the expense of means of the distributed budget program of the central or local authorized body for state planning.

Means of the distributed budget program are subject to distribution within financial year between various ABP based on the central authorized body approved by the order on state planning or the act of local executive body of the List of BIP, financing of development or adjustment, and also conducting necessary examinations of the feasibility study of which are performed at the expense of means of the distributed budget program of the central or local authorized body for state planning.

If financing of local BIP is performed at the expense of funds of target transfers for development from the republican budget in the local budget, financing of development of the feasibility study is performed at the expense of the distributed budget program of local authorized body for state planning.

26-2. Process of financing of development or adjustment, and also conducting necessary examinations of the feasibility study the PIP at the expense of funds distributed the budget programs represents the complex of actions containing the following main stages:

1) provision of ABP of requests for financing of development or adjustment, and also conducting necessary examinations of the feasibility study PIP;

2) forming and approval of Lists of financing of development or adjustment, and also conducting necessary examinations of the feasibility study the PIP of which are performed at the expense of means of the appropriate distributed budget programs;

3) financing of development or adjustment, and also conducting necessary examinations of the feasibility study PIP.

26-3. ABP submit requests for financing of development or adjustment, and also conducting necessary examinations of the feasibility study the PIP to the central or local authorized body on state planning.

26-4. In the request for financing of development or adjustment, and also conducting necessary examinations of the feasibility study the period of application of funds can constitute the PIP more than one year, but no more than the term determined in the offer of the relevant budget commission and it is provided according to the budget legislation of the Republic of Kazakhstan.

27. The central authorized body on state planning creates the conclusions according to investment offers of GIP based on the positive economic conclusion on development or adjustment, and also on conducting necessary examinations of the feasibility study the PIP, letters for financing of ABP, the specification and submits for consideration of the republican budget commission (further - RBC).

The local authorized body on state planning following the results of consideration of investment offers creates according to them the conclusions and sends them for consideration of the budget commission based on the positive economic conclusion on development or adjustment, and also on conducting necessary examinations of the feasibility study the PIP, letters on financing of ABP, the specification.

28. The conclusion according to investment offers submitted for consideration of the relevant budget commission contains the following main data:

1) name PIP;

2) the cost of development or adjustment, and also conducting necessary examinations of the feasibility study the PIP offered to financing of ABP;

3) the cost of development or adjustment, and also conducting necessary examinations of the feasibility study the PIP offered to financing by authorized body on state planning;

4) compliance of BIP to the directions, purposes, tasks and provisions determined by documents of System of state planning, annual president's letters of the Republic of Kazakhstan to the people of Kazakhstan, orders of the President of the Republic of Kazakhstan;

5) the expected result of accomplishment of tasks.

29. On BIP approved by the budget commissions, containing in investment offers, the central or local authorized body on state planning the list, development or adjustment, and also conducting necessary examinations of the feasibility study creates the PIP on which are performed at the expense of means of the appropriate distributed budget program of the central or local authorized body on state planning.

The list, development or adjustment, and also conducting necessary examinations of the feasibility study the PIP containing the name and the amount of financing on each project affirm the order of the central authorized body on state planning or the act of local executive body which preparation is performed by the central or local authorized body on state planning.

29-1. Forming, submitting for examination of the relevant budget commission and approval of amendments and changes in lists on the remained amount of means of the appropriate distributed budget programs are performed according to the procedure, established by these rules.

In cases of non-use or partial use within financial year of the budgetary funds allocated according to the appropriate distributed budget programs for financing of development or adjustment, and also conducting necessary examinations of the feasibility study for BIP, ABP provide return of unused part of the allocated budgetary funds before the last refining of the relevant budget.

Return of the budgetary funds which developed by results of economy at ABP, except for reducings the budget programs when carrying out the sequester of expenses of the budget is performed by recovery of the appropriate budget programs of the central or local authorized body on state planning without relevant decision of the budget commission based on the developed in the procedure established by these rules and accepted order of the central authorized body on state planning or regulatory legal act of local executive body about introduction of amendments to the order of the central authorized body on state planning or regulatory legal act of local executive body about distribution of the appropriate distributed budget programs with the subsequent modification of the consolidating plan of receipts and financing on payments, the consolidating plan of financing according to obligations.

When carrying out the sequester of expenses of the budget reducing means of the budget programs is performed on the ABP budget program, the received means at the expense of the distributed budget program.

In other cases return of unused budgetary funds is performed by recovery of the appropriate budget programs of the central or local authorized body on state planning based on the positive decision of the budget commission and the order of the central authorized body drafted and accepted in accordance with the established procedure on state planning or regulatory legal act of local executive body about introduction of amendments to the order of the central authorized body on state planning or regulatory legal act of local executive body about distribution of the appropriate distributed budget programs with the subsequent modification of the consolidating plan of receipts and financing on payments, the consolidating plan of financing according to obligations.

Return of ABP of unused part of the allocated budgetary funds including which developed by results of economy, to the relevant authorized body on state planning after refining of the republican budget in the second half of the year in cases of non-use or partial use within financial year of the budgetary funds allocated according to the appropriate distributed budget programs for financing of development or adjustment, and also conducting necessary examinations of the feasibility study the PIP is not allowed.

The first head of ABP which received budgetary funds, allocated according to the appropriate distributed budget programs for financing of development or adjustment, and also conducting necessary examinations of the feasibility study the PIP, is responsible for non-use or partial use of these means.

29-2. ABP based on Lists provide development or adjustment, and also conducting necessary examinations of the feasibility study the PIP.

29-3. Financing of development or adjustment, and also conducting necessary examinations of the feasibility study the PIP is performed according to the procedure, established by the budget legislation of the Republic of Kazakhstan.

29-4. Obligations of the supplier according to the development agreement or adjustments, and also conducting necessary examinations of the feasibility study the PIP shall contain the requirement about obligatory completion of the feasibility study the PIP the supplier, in case of notes and offers on results of conducting the corresponding examinations, including return of the project to completion when carrying out economic project appraisal, ABP within total cost of the agreement.

Paragraph 2-1. Procedure for development of the feasibility statement on the budget investment project

30. Development or adjustment of the feasibility study the PIP are performed according to the procedure, certain Chapter 3 of these rules taking into account feature provided in the relevant legislations of the Republic of Kazakhstan.

31. Development of the feasibility study the PIP is performed if project implementation is provided by the directions, the purposes, tasks and provisions determined by documents of System of state planning, annual president's letters of the Republic of Kazakhstan to the people of Kazakhstan, orders of the President of the Republic of Kazakhstan.

32. The cost of BIP assumed to financing from means of government external loans and joint financing of external loans from means of the republican budget, in case of need joins expenses on technical assistance, goods, training, consulting services in management, maintenance, institutional development, supervision of project construction.

33. On the projects which do not have realization analogs in the Republic of Kazakhstan data taking into account the international experience are applied.

34. The feasibility study the PIP corresponds to the following structure:

1) summary of the feasibility study PIP;

2) Section "Marketing";

3) Section "Technical and technological";

4) Section "Ecological" (environmental impact assessment);

5) Section "Institutional";

6) Section "Financial and economic";

7) Section "Social";

8) Section "Risk analysis";

9) general conclusions;

10) appendices to the feasibility study the PIP according to the forms provided in appendices 4-14 to these rules and also the initial documents for development of the feasibility study the PIP submitted depending on specifics of the project according to these rules.

In the feasibility study the PIP depending on specifics of the project is allowed inclusion of additional Sections and appendices.

35. In the Summary of the feasibility study the PIP:

1) the short characteristic of BIP in form according to appendix 4 to these rules is specified;

2) social and economic and other conditions of the project are described existing political (with indication of legal and other orders, regulatory legal acts);

3) the possible options of goal achievement and indicators of project deliverable including considered at stage of the investment offer are specified;

4) results of technical and economic estimates on the basis of the available materials and researches, and also the requirements and conditions stated in task and for its development are specified.

36. The Section "Marketing" feasibility study PIP reflects the analysis of the existing and perspective demand for products (goods, works, services) assumed by the project in the considered region or social and economic need of the project.

This Section contains:

1) demand analysis, including assessment and reasons for amounts, types and the prices, on products (goods, works, services) which are made and will be made without project implementation or it is supposed to make as a result of project implementation, and also quantitative parameters of solvent demand;

2) the analysis of social and economic need of the project with indication of the legal basis;

3) the analysis, including assessment and reasons for amounts, types and goods prices, the works, services which are purchased within project implementation (in the investment period), and also possibilities of requirements satisfaction of the project with appendix of the corresponding price lists, price offers and other supporting documents;

4) the analysis, including assessment and reasons for amounts, types and goods prices, the works, services which are purchased in the operational period (in the post-investment period), and also possibilities of requirements satisfaction of the project with appendix of the corresponding price lists, price offers and other supporting documents;

5) the used sources of information and technique of carrying out marketing researches;

6) price lists and price offers are represented at least from two suppliers of goods, works and services (in case of lack of price lists and price offers on similar goods, works and services at least two independent estimative conclusions are provided).

Price analysis covers the following goods:

which purchase is proved by the requirements specified in the technical and technological analysis;

which characteristics conform to the requirements specified in the technical and technological analysis;

the cost of consulting services (development of the software, project management, certification) are confirmed by calculations and value assessments of resources.

36-1. If BIP is implemented in the territory of foreign states, the relevant documents confirming the cost of BIP, approved according to the procedure, established by the legislation in the field of construction of that state in the territory of which this project is implemented with appendix of the text of the specified legislation and with ensuring its transfer on the state and (or) Russian languages are submitted.

37. The Section "Technical and technological" feasibility study PIP includes the analysis of various technical technology solutions of project implementation, their benefit and shortcomings, reasons for the chosen option taking into account the analysis provided in the marketing Section.

This Section contains:

1) the analysis of possible options of site areas, reasons for the choice of location of the project with submission of information on arrangement concerning sources and suppliers of raw materials, target groups and the main beneficiaries, and also about alternative options of location of the project. On projects in the sphere of defense submission of information on alternative options of location of the project is not obligatory.

2) description of scale of the project and settlement reasons for capacity of the project, dynamics of mastering of capacity of the project;

3) reasons for the choice of technologies and the equipment, information on technological compatibility with already used equipment, optimum ratio the price quality, alternative options of the choice of technologies and the equipment, use of the innovative equipment, use by the project of the quality standards;

4) information on security of the project with necessary engineering, transport and telecommunication infrastructure with reasons for the chosen decisions (on energy saving, warm, to water supply, the sewerage) and schemes, and also in case of need information on commissioning;

5) the schedule of project implementation (including on technological stages) with breakdown of financing on project components in form according to appendix 5 to these rules;

6) the used information sources.

The Section "Technical and technological" feasibility study PIP on projects also contains in the sphere of construction:

the main architectural and construction decisions including:

basic architectural, space-planning and constructive concepts, including: justification of planning solutions, rational use of the parcels of land, effective blocking of buildings, special attention on availability of the nature dangerous phenomena (seismicity, prosadochnost, karsts, landslides) around construction, compliance of basic architectural and composite decisions to town-planning conditions of surrounding building is paid. Key parameters most technically of difficult buildings and constructions include space-planning and constructive (construction) decisions, and their design features. Need for construction products and materials;

reasons for the choice of versions of the transport scheme, on-site ways and highways with assessment of observance of required fire-proof and sanitary and hygienic gaps between buildings and constructions, including industrial and other function;

the short characteristic and reasons for the chosen technology on the basis of the analysis of possible options of engineering procedures (schemes), structure and production structure;

In the technical and technological Section feasibility study PIP at least two possible options of goal achievement and indicators of project deliverable by which the comparative analysis is carried out are reflected and reasons for the chosen option are represented.

In case of the choice of project decisions it is necessary to consider results of the carried-out environmental impact assessment and to provide acceptance of such option which does the smallest harm to the environment and health of the person.

38. The Section "Ecological" (environmental impact assessment) of the feasibility study the PIP contains information on impact on the environment of the made project decisions in quantitative and value term, including assessment of ecological damage from project implementation, and also about compliance of project decisions to the approved ecological standard rates and about expected actions for reduction of negative impact from project implementation.

In case of the choice of project decisions only those decisions which correspond to ecological standard rates are chosen.

39. The Section "Institutional" feasibility study PIP contains the institutional scheme of the project, including:

1) the institutional scheme of the project in form according to appendix 6 to these rules;

2) the scheme of project management with indication of the legal basis.

If necessary on project participants the full legal name, country of source, form of business, the authorized capital, founders and shares of their participation, year of education, core activities, experience of projects implementation in this sphere and other information is specified.

40. The Section "Financial and economic" feasibility study PIP contains:

1) calculation of investment costs, distribution of needs for financing for stages, components and sources of financing of the project, if necessary expenses on input of objects in operation (commissioning);

2) calculation of operating costs;

3) reasons for the scheme of financing with indication of sources (the republican/local budget, borrowed funds), conditions and the amounts of financing (including in breakdown of financing by years), on the basis of the analysis of alternative options;

4) current financial status of project participants (in case of need);

5) the financial analysis of the project including:

calculation of cost, rates, selling price of products (goods, works, services);

calculation of sales returns and net profit;

summary calculation of cash flow;

calculation of the net discounted income (Net present value - NPV), internal regulation of profitability (Internal rate of return - IRR), the discounted and simple payback periods;

sensitivity analysis of the net discounted income (NPV) and internal regulation of profitability (IRR) on key parameters (the sales volume, the price it is sold, investment and operating costs), calculation of breakeven point of the project;

6) the economic project analysis including:

the analysis of social and economic situation with the project and without project, including calculations of expected costs at the expense of budgetary funds in case of not project implementation;

the analysis of the smallest costs or cost efficiency analysis or measure calculation of cost efficiency of the project, including assessment of economic benefits and costs, calculation of the economic net discounted income (Economic net present value - ENPV) and economic internal return rate (Economic internal rate of return - EIRR);

sensitivity analysis of the economic net discounted income (ENPV) and economic internal return rate (EIRR) on key parameters (sales volume, investment and operating costs) (in case of availability of these indicators);

7) the used information sources.

On the projects which are not assuming receipt of direct cash inflows from sales of goods, works and services carrying out financial analysis of the project is not required.

In case of measure calculation of financial and cost efficiency of the project the PIP is applied information on basic parameters of financial and economic model of the project on form according to appendix 7 to these rules to the feasibility study.

Measure calculations of financial performance of the project are represented in form according to appendix 8 to these rules.

Analysis results of sensitivity of the net discounted income (NPV) and internal return rate (IRR) of the project are represented in form according to appendix 9 to this Procedure.

Indicators of the analysis of the smallest project costs are represented in form according to appendix 10 to these rules.

Indicators for cost efficiency analysis of the project are represented in form according to appendix 11 to these rules.

Measure calculation of cost efficiency of the project is represented in form according to appendix 12 to these rules.

Analysis results of sensitivity of the economic net discounted income (ENPV) and economic internal return rate (EIRR) of the project are represented in form according to appendix 13 to this Procedure.

Indicators and calculations in appendices shall be proved in the feasibility study the PIP.

41. The Section "Social" feasibility study PIP contains the analysis of security of the project with qualified personnel, including:

1) information on availability of qualified personnel in the investment and post-investment periods of the project;

2) information on need of training and retraining of workers and specialists (in case of need);

3) information on regulations of labor protection and safe engineering;

4) justification of the project from the point of view of welfare and demographic characteristics of the population;

5) the used information sources.

42. The Section "Risk analysis" feasibility study PIP contains:

1) information on the used methods of identification and risks assessment;

2) the list of the identified risks (commercial, technical and technological, ecological, institutional, financial, social and others), possible to approach in the investment and post-investment periods of the project, with representation of results of determination of probability of approach of risks and damage from approach of risks, and also expected measures for decrease in risks. Information on project risks is provided in form according to appendix 14 to these rules.

43. General conclusions of the feasibility study contain the PIP:

1) reasons for the choice of the most optimal variant of project implementation;

2) the main shortcomings and advantages of the chosen project implementation option;

3) the key technical and economic parameters (indicators) by the chosen option:

place of project implementation;

result indicators (direct and final);

project components;

total cost of the project, with breakdown of financing by years and components.

44. Appendices to the feasibility study the PIP according to the forms provided in appendices 4-14 to these rules and also can include the additional information: the charts, drawings, district maps and other materials, documents confirming and opening information provided in the feasibility study the PIP.

45. On projects in the sphere of construction of appendix to the feasibility study the PIP also include the cartographic and other graphical materials, including the scheme of the situational plan with placement of construction object and specifying of places of accession it to engineering networks and communications, schemes of the master plan of object proving the sizes of the parcel of land, and also the scheme, drawings (outline sketches) of the relevant technology, architectural and space-planning decisions.

46. On projects which implementation is supposed due to external borrowing the feasibility study contains the appendices proving the cost and need of the following components of loan: consulting project management services, to supervision of construction, institutional development.

Contains this appendix:

1) comparative market research of local (domestic) and international (foreign) management consultants project and to supervision of construction, availability of the appropriate international certificates and work experience;

2) the analysis of amount of works and the expected results, terms, charge rates for services and financing sources;

3) reasons for necessary number of consultants (if the project provides hiring of individual consultants) and the specialization required them;

4) the draft of the specification on involvement of consultants;

5) the used information sources.

Calculations for development of the feasibility study the PIP which realization is supposed due to external borrowing are performed based on information provided by international financial institutions.

Paragraph 3. Procedure for conducting necessary examinations of the feasibility statement on the budget investment project

47. For confirmation of the set feasibility studies PIPS technical and economic parameters is subject economic and to other examinations, stipulated by the legislation the Republic of Kazakhstan.

48.  No. 721 is excluded according to the Order of the Minister of national economy of the Republic of Kazakhstan of 25.11.2015

49. The examination of the feasibility study the PIP having architectural, town-planning and construction concepts in structure is carried out according to the legislation of the Republic of Kazakhstan on architectural, town-planning and construction activities and the state standard rates.

50. Economic examination of the feasibility study of republican BIP is performed by the legal entity determined by the Government of the Republic of Kazakhstan on implementation of economic examination of the feasibility study the PIP.

51. Economic examination of the feasibility study of local BIP, and also the feasibility study for the projects planned to financing at the expense of target transfers for development and the credits from the republican budget is performed by the legal entities determined by local executive bodies on implementation of economic examination of the feasibility study the PIP.

52. Economic expertize of the feasibility study the PIP is carried out based on the provided feasibility study the PIP, the economic conclusion of the central or local authorized body on state planning on the investment offer and the corresponding positive conclusions of examinations of the feasibility study the PIP required depending on specifics of the project namely:

1) conclusion of complex non-departmental examination;

2) conclusion of industry examination.

53. On BIP, depending on specifics of the project the following initial documents are required:

1) assuming construction activities, the conclusions industry, complex non-departmental examinations on the feasibility study the PIP, and also copies of documents of the feasibility studies attached to task for development the PIP, including specifications, decisions of local executive bodies on withdrawal of the parcels of land on the projects assuming construction of new objects (with appendix in need of calculations of losses of owners of the parcels of land and land users, losses of agricultural and forestry and landscape production depending on type of the withdrawn grounds) and copies of the corresponding documents of title on real estate on the projects assuming reconstruction of the existing objects are required;

2) in case of availability of costs for commissioning of the facility the conclusions of industry examination of authorized state body and complex non-departmental examination on costs for commissioning of the facility (commissioning) according to departmental standard rates are required.

For large objects of power pool system and technically difficult objects of the atomic and heat power complexes requiring immediate commissioning in connection with threat of social and economic stability, costs on commissioning are performed according to the calculations provided to the conclusion of industry examination of authorized state body, containing including confirmation of threat of social and economic stability of the country;

3) assuming innovative and/or space activities, the conclusions industry and state scientific and technical examinations are required.

Requirements to the conclusions specified in this Item are established by the legislation of the Republic of Kazakhstan.

54. The conclusion of industry examination provide assessment:

1) feasibility study compliance PIP to the specification on development of the feasibility study PIP;

2) problems of current status of industry which influence its further development;

3) the existing political, social and economic, legal and other conditions in which realization of BIP is supposed;

4) the indicators existing and predicted (for lifecycle of BIP) demand for products/services or social and economic need, taking into account the available competition in this region;

5) distributions of benefits and costs from realization of BIP;

6) the technology, technical solutions made in the feasibility study the PIP, including the schedule of realization of BIP;

7) price decisions, including ratio optimality assessment the price quality on all components of the investment and operating costs given in the feasibility study the PIP, comparison of planned prices on goods, works and services with the corresponding market prices;

8) the alternative options considered in case of the choice of way of solving the problem with reasons for the choice of BIP as optimum way of its decision;

9) expected multiplicative effect on industries (spheres) of economy, including influence on replenishment of revenues of the budget, creation of new workplaces, in case of realization of BIP and without that;

10) justification of costs for commissioning of the facility according to departmental standard rates of industry authorized state bodies.

11) possible risks in case of realization of BIP and action for their minimization.

55. If realization of BIP is offered at the expense of means of the republican budget, the conclusion of industry examination of BIP is provided by the central authorized body of the corresponding industry, in case of impossibility of reference of BIP to any certain industry, the industry conclusion is provided to ABP.

If BIP assumed to realization at the expense of means of the republican budget affects the sphere of responsibility of several industry central state bodies, the specified industry central state bodies in addition provide the conclusions of the corresponding industry examinations of BIP.

At the same time, the additional conclusions of industry examinations are provided by the relevant industry central state bodies signed by the first head or replacement his face, or person authorized separately on each BIP by the first head of state body only regarding impact assessment of realization of BIP on the supervising industry and compliance to industry priorities.

56. If realization of BIP is offered at the expense of funds of the local budget or target transfers for development and the credits from the higher budget, the conclusion of industry examination of BIP is provided by the industry local executive body financed from the local budget in case of impossibility of reference of BIP to any certain industry, the industry conclusion is provided to ABP.

If BIP assumed to realization at the expense of funds of the local budget or target transfers for development and the credits from the higher budget affects the sphere of responsibility of several industry local authorities, the specified industry local state bodies in addition provide the conclusions of the corresponding industry examinations of BIP.

57. The conclusion of industry examination is signed by the first head of state body – ABP or person replacing it or person authorized separately on each BIP by the first head of state body – ABP and is drawn up in the procedure established by the legislation of the Republic of Kazakhstan for official documents.

58. When conducting economic examination of the feasibility study the PIP, depending on specifics of BIP, additional examinations on the questions which are not covered by the carried-out expertizes can be requested.

Conducting additional examinations on the questions which are not covered or not completely covered by the carried-out expertizes is provided to ABP.

Treat additional examinations:

1) complex non-departmental examination;

2) conclusion of industry examination of authorized state body.

59. Requests on submission of necessary/modifed information and/or conducting additional examinations on the questions which are not covered or not completely covered by the carried-out expertizes go to the relevant ABP, the copy of request - to the central or local authorized body on state planning within 15 (fifteen) working days from the date of receipt of complete document package specified in Items 52-56, 58 of these rules.

At the same time their scanned copies go to the e-mail addresses of the representative of ABP specified in the Short characteristic of BIP.

In case of introduction of the new editorial office feasibility study, Sections, Chapters and paragraphs, and also information changing the feasibility studies parameters, the term of conducting examination is prolonged up to 10 (ten) working days from the date of receipt of the letter from ABP in paper format with the subsequent notification by the legal entity determined by the Government of the Republic of Kazakhstan or local executive bodies on implementation of economic examination of BIP according to Article 153 of the Budget code of the Republic of Kazakhstan, the central or local authorized body by state planning about prolongation of conducting economic examination with appendix of the letter of ABP.

60. ABP provide necessary information to the legal entity determined by the Government of the Republic of Kazakhstan or local executive bodies on implementation of economic examination of the feasibility study the PIP within 10 (ten) working days from the moment of receipt of request in the form of the scanned copies of letters or notify on need of additional terms for submission of information, but no more than 25 (twenty five) working days.

In case of prolongation of term of conducting economic examination the legal entity determined by the Government of the Republic of Kazakhstan or local executive bodies on implementation of economic examination of the feasibility study the PIP notifies the central or local authorized body on state planning on prolongation of conducting economic examination with appendix of the letter of ABP.

From the date of sending an inquiry and before submission of necessary information terms of conducting economic examination stop.

61. Economic examination of the feasibility study the PIP planned to realization in the territory of other states, and also which is not providing construction activities is carried out on the basis of the feasibility study the PIP and the conclusions of industry examination.

Also for economic examination of the feasibility study the PIP the examinations required according to the legislation of the states in the territory of which realization of BIP, and the corresponding regulatory legal acts regulating these activities is supposed are represented. Ensuring transfer of the corresponding examinations and required regulatory legal acts, in case of need, is performed by ABP.

62. The PIP the positive conclusion or the negative conclusion, or the conclusion on completion are result of economic examination of the feasibility study.

The positive conclusion of economic examination of the feasibility study the PIP is submitted on the feasibility study the PIP, structure and content which corresponds to these rules, and also there are prerequisites to feasibility and efficiency of the project.

The negative conclusion of economic examination of the feasibility study the PIP is submitted on the feasibility study the PIP which results of assessment show on impracticability and/or inefficiency of the project, or other types and methods of realization of GIP are determined.

The conclusion on completion are represented on the feasibility study the PIP which content does not correspond to these rules and in case of impossibility to establish availability of prerequisites to feasibility and/or efficiency of the project.

63. The conclusion of economic examination of the feasibility study the PIP assumed to financing from means of government external loans and joint financing of external loans from means of the republican budget, also contains expense estimation on technical assistance, goods, training, consulting services in management, maintenance, institutional development, supervision of project construction.

64. Economic expertize of the feasibility study the PIP is carried out within 30 (thirty) working days from the date of receipt of complete document package to the legal entity determined by the Government of the Republic of Kazakhstan or local executive bodies on implementation of economic examination of the feasibility study the PIP following the results of which the corresponding conclusion goes in the procedure established by the budget legislation of the Republic of Kazakhstan to the central or local authorized body on state planning.

65. The conclusion of economic examination of the feasibility study includes the PIP:

1) Section "Short Characteristic of the Project";

2) Section "Assessment of Structure of the Project Documentation";

3) Section "Information on Feasibility of the Project";

4) Section "Assessment of Availability of Prerequisites to Feasibility of the Project";

5) Section "Assessment of Availability of Prerequisites to Efficiency of the Project";

6) Section "Assessment of Project Risks Analysis";

7) Section "General Conclusions on the Project".

66. In the Section "Short Characteristic of the Project" the following information according to the feasibility study the PIP is specified:

1) name of the project;

2) name ABP;

3) project implementation period;

4) purpose and project tasks;

5) result indicators (direct and final);

6) place of project implementation;

7) scale and capacity of the project;

8) target groups, including main beneficiaries;

9) project components;

10) total cost of the project with breakdown of financing by years;

11) sources and form of financing of the project.

67. The Section "Assessment of Structure of the Project Documentation" contains:

1) the list of the documents and materials taken into account when conducting economic examination:

the documents submitted for consideration for conducting economic examination;

regulatory legal acts;

2) notes to structure and contents of the submitted documents.

68. The Section "Information on Feasibility of the Project" contains:

1) information on project compliance to documents of system of state planning (compliance on the realization period, financing sources);

2) information on feasibility study compliance the PIP to the positive economic conclusion of authorized body on state planning on the investment offer.

69. The Section "Assessment of Availability of Prerequisites to Feasibility of the Project" contains:

1) assessment of demand analysis or social and economic need of the project (on the basis of the conclusions of the corresponding examinations);

2) assessment of the analysis of commodity markets, works, the services which are purchased within project implementation (in the investment period) and in the operational period (in the post-investment period) (on the basis of the conclusions of the corresponding examinations, and also the provided price lists, commercial offers and other supporting documents);

3) assessment of the chosen technical technology solution of project implementation provided in the feasibility study (on the basis of the conclusions of the corresponding examinations);

4) assessment of information on impact on the environment of the made project decisions (on the basis of the conclusions of the corresponding examinations);

5) assessment of the institutional scheme of the project (on the basis of the conclusions of the corresponding examinations);

6) assessment of the scheme of financing (on the basis of the conclusions of the corresponding examinations);

7) assessment of the analysis of security of the project with qualified personnel (on the basis of the conclusions of the corresponding examinations).

Determination of feasibility of the project consists in confirmation of the fact that the technical and economic parameters and project decisions specified in the feasibility study are approved, approved and/or assessed positively by the corresponding conclusions of examinations.

70. The Section "Assessment of Availability of Prerequisites to Efficiency of the Project" contains:

1) assessment of calculations of investment costs (on the basis of the conclusions of the corresponding examinations);

2) assessment of calculations of operating costs (on the basis of the conclusions of the corresponding examinations);

3) assessment of financial analysis of the project (if necessary);

4) assessment of economic project analysis.

71. The Section "Assessment of Project Risks Analysis" contains assessment of the analysis of commercial, technical and technological, environmental, institutional, financial, social and other risks provided to the feasibility study the PIP.

72. In the Section "General Conclusions on the Project" are specified (following the results of economic examination):

1) key technical and economic parameters:

place of project implementation;

project objective;

result indicators (direct and final);

project components;

total cost of the project, with breakdown of financing by years and components;

2) the main conclusions on the project:

risk analysis assessment;

assessment of availability of prerequisites to feasibility of the project;

assessment of availability of prerequisites to efficiency of the project;

3) the conclusion on the project (the positive conclusion or the negative conclusion, or the conclusion on completion).

73. The conclusion of economic examination corresponds to the following criteria of quality:

1) compliance of structure of the conclusion to provisions, stipulated in Item 65 (structure of the conclusion) these rules;

2) compliance of contents of the conclusion to the provisions established by Items 66-72 (content of structure) of these rules.

Paragraph 4. Procedure for adjustment of the feasibility statement on the budget investment project, and also conducting necessary examinations

74. Adjustment of the feasibility study the PIP with the subsequent conducting necessary examinations is carried out in case of change of the set technical and economic parameters of the budget investment project involving change of technical solutions and additional expenses.

If on BIP change (amendment) of source of financing is planned for attraction of external government borrowing, that feasibility study is adjusted only regarding inclusion of additional appendix on consulting project management services, maintenance, supervision of construction, institutional development with the subsequent conducting necessary examinations.

At the same time additional appendix contains information specified in Item 46 of these rules.

If according to the decision of the customer there was reasonable need of adjustment of the project (project and estimate) documentation approved in accordance with the established procedure according to Rules of approval of projects (feasibility statements and the design estimates) intended for construction of facilities at the expense of budgetary funds and other forms of the state investments approved by the order of the Minister of national economy of the Republic of Kazakhstan of April 2, 2015 No. 304, No. registered in the Register of state registration of regulatory legal acts 10632, that adjustment of the preproject documentation (in the presence) it is not required.

74-1. Adjustment of the feasibility study without conducting economic examination and receipt of the economic conclusion is carried out in case:

1) provided in Item 116 of these rules;

2) if the sequence and (or) terms of realization action without changes of technical solutions and additional expenses changes.

Approval of the corrected feasibility study the PIP, without consideration and the offer of the budget commission is not allowed.

75. The expenses connected with adjustment of the feasibility study and the subsequent conducting necessary examinations of republican BIP are performed at the expense of means of the republican budget.

The expenses connected with adjustment of the feasibility study the PIP realized at the expense of the local budget, and also local BIP planned to financing at the expense of target transfers for development from the higher budget and the subsequent conducting necessary examinations are performed at the expense of means of the corresponding local budget.

75-1. Consideration of questions of adjustment of the feasibility study the PIP is performed according to the procedure determined in Item 114 of these rules.

76.  No. 663 is excluded according to the Order of the Minister of national economy of the Republic of Kazakhstan of 12.10.2015

77. After carrying out adjustment of the feasibility study the PIP and examinations of the corrected feasibility study the PIP, necessary according to these rules, ABP their originals send the PIP to the central or local authorized body on state planning, with provision of the electronic version of the corrected feasibility study, including financial and economic model on the project.

For single system of electronic document management documents are provided in not edited graphical format.

78. For consideration of the corrected feasibility study the PIP, except as specified, of the these rules provided in Item 74-1, ABP represent to the central or local authorized body on state planning the following documents:

1) the letter request signed by the first head of state body – ABP of either replacement his face, or the face authorized separately on each BIP by the first head of state body – ABP with indication of the technical solutions and additional expenses assumed to change, with appendix of the corresponding comparative table signed by the first head of state body – ABP either replacement his face, or the face authorized separately on each BIP by the first head of state body – ABP;

2) the conclusion of industry examination of authorized body of the corresponding industry confirming feasibility of change of technical solutions and prediscretion of additional expenses, signed by the first head of state body either replacement his face, or person authorized separately on each BIP by the first head of state body and drawn up in the procedure established by the legislation of the Republic of Kazakhstan for official documents;

3) the additional conclusion of industry examination of the relevant authorized state body depending on specifics of the project represented in the form of the official letter signed by the first head either replacement his face, or the face authorized separately on each BIP by the first head of state body – ABP and confirming justification and reliability of expected parameters of change of technical solutions and prediscretion of additional expenses;

4) the corrected feasibility study the PIP;

5) the conclusions of examinations and required documents for the corrected feasibility study the PIP, BIP, necessary depending on specifics, according to Items 52 and 53 of these rules;

6) the conclusions of examinations and documents according to the feasibility study the PIP considered earlier in case of receipt of the positive conclusion of the central or local authorized body on state planning (according to the approved initial feasibility study the PIP);

7) copy of the decision of the relevant budget commission on feasibility of adjustment of the feasibility study PIP;

8) the act of the representative the Government of the Republic of Kazakhstan of body for internal control regarding target use of budgetary funds, and also about lack of violations if on the project financing is begun, dated no later than 6 (six) months of date of submission of documents;

9) if BIP is implemented in the territory of foreign states, the relevant documents confirming the cost of BIP, approved according to the procedure, established by the legislation in the field of construction of that state in the territory of which this project is implemented with appendix of the text of the specified legislation and with ensuring its transfer on the state and (or) Russian languages are submitted.

79. The central or local authorized body on state planning within 5 (five) working days from the date of receipt of document package checks them for completeness and compliance of structure of the corrected feasibility study the PIP to these rules and returns their ABP in case of absence:

1) documents which availability is necessary according to Item 78 of these rules;

2) in the feasibility study the PIP of Sections which availability is necessary according to these rules.

In case of document package compliance to provisions of these rules the central or local authorized body on state planning no later than the term established by this Item sends the letter to the corresponding legal entity determined by the Government of the Republic of Kazakhstan or local executive bodies on implementation of economic examination of the feasibility study the PIP about need of conducting economic examination of the corrected feasibility study the PIP, with appendix of document package of the submitted ABP for review of the corrected feasibility study the PIP.

80. In case of development of the feasibility study on adjustment of BIP allocated without observance of the procedures established by the budget legislation according to Item 11 of Article 153 of the Budget code of the Republic of Kazakhstan, provision of documentation for conducting the economic examination specified in the subitem 6) of Item 78 of these rules is not required.

81. Economic expertize of the corrected feasibility study the PIP is carried out within 30 (thirty) working days from the date of receipt of complete document package specified in Items 77 and 78 of these rules, to the corresponding legal entity determined by the Government of the Republic of Kazakhstan or local executive bodies on implementation of economic examination of the feasibility study the PIP.

82. Economic expertize of the corrected feasibility study the PIP is carried out according to the procedure established by these rules and the budget legislation of the Republic of Kazakhstan for economic examination of the feasibility study the PIP.

83. The structure and contents of the corrected feasibility study the PIP correspond to provisions of paragraph 1 of Chapter 3 of these rules, with reduction in appropriate sections of the feasibility study the PIP of reasons and calculations for the technical solutions and additional expenses assumed to change in comparison with earlier approved feasibility study the PIP.

84. The structure and contents of the conclusion of economic examination of the corrected feasibility study the PIP correspond to provisions of paragraph 2 of Chapter 3 of these rules.

Paragraph 5. Procedure for consideration of the budget investment projects requiring the feasibility statement

85. Consideration of BIP is performed by the central or local authorized body on state planning on the basis of the feasibility study developed according to these rules and the conclusions of economic examination of the feasibility study the PIP.

86. After development and conducting examinations of the feasibility study the PIP required according to the legislation of the Republic of Kazakhstan, ABP send their originals and copies to the central or local authorized body on state planning with submission of the electronic version of the feasibility study the PIP, including financial and economic model on BIP which are polistno initialed by the head of the structural unit of ABP responsible for development of the feasibility study the PIP.

For single system of electronic document management documents are provided in not edited graphical format.

87. The economic conclusion on BIP is form of complex assessment of the economic analysis of BIP which is represented in form according to appendix 15 to these rules and is carried out within 45 (forty five) working days after introduction of complete document package specified in Items 52-56, 58, of 85 these rules where for the economic examination of the feasibility study the PIP performed by the corresponding legal entity certain Government of the Republic of Kazakhstan or local executive bodies 30 (thirty) working days are taken away.

88. The central or local authorized body on state planning within 5 (five) working days from the moment of receipt of document package returns their ABP in cases:

1) lack of examinations which availability is necessary for conducting economic examination of the feasibility study the PIP;

2) absence in the feasibility study the PIP of Sections which availability is necessary according to these rules.

89. The central or local authorized body on state planning considers BIP based on the conclusion of economic examination of the feasibility study the PIP and sends the economic conclusion to ABP on them.

90. The central or local authorized body on state planning within 5 (five) working days sends the letter to the legal entity determined by the Government of the Republic of Kazakhstan or local executive bodies on implementation of economic examination of the feasibility study the PIP about need of conducting economic examination of the feasibility study the PIP with appendix of originals of the feasibility study and the corresponding examinations from the date of receipt of complete document package according to the feasibility study the PIP.

91. The conclusion of economic examination of the feasibility study the PIP goes the corresponding legal entities determined by the Government of the Republic of Kazakhstan or local executive bodies on implementation of economic examination of the feasibility study the PIP to the central or local authorized body on state planning.

92. In the cases provided in Item 88 of these rules, and also in case of need completions of the feasibility study for BIP, ABP within 50 (fifty) working days repeatedly introduce modifed documents according to the procedure, provided in Items 52-56, 58 of these rules.

93. The feasibility study including corrected by the feasibility study and the design and estimate documentation the PIP who received the positive decisions of the corresponding examinations affirm the first head of state body - ABP either replacement his face, or the face authorized by the first head of state body according to the legislation of the Republic of Kazakhstan on architectural, town-planning and construction activities and the budget legislation of the Republic of Kazakhstan.

93-1. The economic conclusion on the feasibility study the PIP, including on corrected on which within three years after approval of the feasibility study development is not begun it (is not developed) the design and estimate documentation or project implementation, it is considered obsolete.

Paragraph 6. Procedure for selection of the budget investment projects requiring the feasibility statement

94. Selection of BIP and removal at consideration of the relevant budget commission are performed by the central authorized body on budgetary planning or local authorized body on state planning in case of representation of ABP of the documents specified in Article 66 of the Budget Code of the Republic of Kazakhstan.

95. The central authorized body on budgetary planning or local authorized body on state planning is considered by BIP of ABP regarding their security with financial resources, for availability of supporting documents and submit the conclusion on them for consideration of the budget commission taking into account the positive economic conclusion on the investment offer of GIP, the economic conclusion on BIP according to the budget legislation of the Republic of Kazakhstan.

The conclusions of the central authorized body on budgetary planning according to the budget requests to the budget programs (subprogrammes) aimed at provision of target transfers at the development and budget credits to local executive bodies are created on the basis of offers of the central authorized body on state planning taking into account recommendations of the commission on questions of regional policy.

96. Based on the approved feasibility study the PIP, the positive economic conclusion on BIP and the positive decision of the relevant budget commission of BIP joins in the draft of the relevant budget.

97. The PIP are implemented according to their approved in accordance with the established procedure by the feasibility study.

98. The construction activities provided within realization of BIP are performed according to approved in accordance with the established procedure by the design and estimate documentation.

Paragraph 7. Procedure for consideration and selection of the budget investment projects which are not requiring development of the feasibility statement

99. Consideration of BIP which are not requiring development of the feasibility study is performed by the central or local authorized body on state planning on the basis of the investment offer of GIP, according to the procedure, determined in Chapter 2 of these rules.

100. Selection of BIP which are not requiring developments of the feasibility study and removal at consideration of the relevant budget commission is performed by the central authorized body on budgetary planning or local authorized body on state planning in case of representation of ABP of the documents specified in Article 66 of the Budget Code of the Republic of Kazakhstan.

101. The list of BIP which are not requiring development of the feasibility study is developed by authorized body for architecture, town planning and construction and affirms the Government of the Republic of Kazakhstan according to item 4 of Article 153 of the Budget code of the Republic of Kazakhstan.

Development of the feasibility study is not required according to the budget investment projects providing creation and development of objects of informatization.

102. Are attached the land management project about provision of the right to the parcel of land to BIP assuming construction activities (with appendix in need of calculations of losses of owners of the parcels of land and land users, losses of agricultural and forestry and landscape production depending on type of the withdrawn grounds).

103. The central authorized body on budgetary planning or local authorized body on state planning is considered by BIP of ABP which are not requiring development of the feasibility study regarding their security with financial resources, for availability of supporting documents and submit the conclusion on them for consideration of the budget commission taking into account the positive economic conclusion on the investment offer of GIP according to the budget legislation of the Republic of Kazakhstan.

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