ABSTRACT
The estimated cost of construction according to the summary estimates and financial computation, approved as part of the planned assignment, is the limit for financing construction. Institutions of the Construction Bank of the USSR shall finance newly begun and carried-over construction projects included in the plan for capital construction and title lists approved in accordance with established procedure and provided with plans and estimates. The managers of assets allotted for financing capital investments shall be the construction projects, enterprises, organizations, and institutions for whom financing accounts are opened in institutions of the Construction Bank of the USSR. Institutions of the Construction Bank of the USSR shall take for payment the accounts of contracting organizations accepted by customers for completed construction and assembly operations with acceptance statements attached to them. Settlements of construction projects and contracting organizations with suppliers for equipment, structural elements, and materials shall be made at prices approved in accordance with established procedure.
