Songpa-gu Saves 1.4 Billion KRW in Budget Last Year Through Routine Audits Before Project Orders

District Conducted 905 Routine Audits Last Year, Budget Savings Increased by 390 Million Won Compared to 2018

[Asia Economy Reporter Jong-il Park] Songpa-gu (Mayor Park Seong-su) announced on the 8th that it saved a total budget of 1.4 billion KRW in 2019 through routine audits and contract reviews.

Routine audits and contract reviews are systems that pre-examine the legality and validity of projects to operate the district's finances transparently and efficiently. They promote budget savings by reviewing appropriate contract amounts through cost analysis.

The main targets are construction, services, and supplies related to major projects conducted by the district office, community service centers, health centers, Songpa District Council, and Songpa Facilities Management Corporation.

In 2019, the district conducted routine audits and contract reviews on a total of 905 projects worth 156.4 billion KRW, including 390 construction cases, 111 service cases, 192 supply purchases, and 212 design changes.

Through this, it achieved a budget saving of 1.4 billion KRW, an increase of 390 million KRW compared to 2018.

In particular, to design budgets efficiently, the district operates a ‘Pre-Contract Review Design Consultation Desk’ centered on employees with extensive contract review experience within the Audit Office. Last year, it recorded 117 consultations, helping to prevent over-design and calculation errors, contributing to budget savings.

Through multifaceted efforts such as sound financial management, the district achieved an overall grade of 2nd place in the public institution integrity evaluation conducted by the Anti-Corruption and Civil Rights Commission last year. In investigations regarding bribery and favoritism toward specific individuals, the district received an overall integrity score of 8.49, the highest grade among the 25 autonomous districts of Seoul.

Park Seong-su, Mayor of Songpa-gu, stated, “We will expand the scope of routine audits and contract reviews to ensure that the precious taxes of residents are used wisely,” and added, “We will continue to implement clean administration by enhancing financial soundness and transparency through meticulous pre-audits and efficient budget savings.”

This content was produced with the assistance of AI translation services.