Public Procurement Service Announces 80 Construction Bids Including Science and Technology Professionals Welfare Complex Construction

Status Data on Regional Restrictions and Mandatory Joint Contracting by Region. Provided by the Public Procurement Service

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service announced on the 19th that from the 20th to the 24th, it will conduct bids for 88 construction projects worth approximately 390.1 billion KRW, including the 'Science and Technology Personnel Welfare Complex Construction Project' requested by the Korea Federation of Science and Technology Societies.

The bids include 56 projects such as the 'Gwangju Urban Railway Line 2 Phase 1 Vehicle Depot Construction Project (Architecture and Civil Engineering sector)' requested by the Gwangju Urban Railway Construction Headquarters, which will be conducted as region-restricted bids or region-mandatory joint contracts.

The Public Procurement Service expects that local companies will win contracts worth about 108.6 billion KRW (27.8% of the total construction cost). Among these, region-restricted bids, in which only local companies participate, are expected to account for 43 projects worth approximately 56.3 billion KRW.

By region, Gyeonggi-do leads with 83.1 billion KRW, followed by Sejong City with 65.7 billion KRW, and Jeonnam with 49.3 billion KRW. In other regions, a total of 192 billion KRW will be ordered.

Regarding the scale of orders, large-scale projects worth over 30 billion KRW account for about 26.5% of the total planned construction projects (approximately 103.2 billion KRW based on construction costs).

Two projects, including the 'Science and Technology Personnel Welfare Complex Construction Project (approximately 36.5 billion KRW)' requested by the Korea Federation of Science and Technology Societies, will be conducted under the comprehensive evaluation bidding system, while the 'Gwangju Urban Railway Line 2 Phase 1 Vehicle Depot Construction Project (approximately 31.9 billion KRW)' requested by the Gwangju Urban Railway Construction Headquarters will be conducted under the comprehensive assessment bidding system.

Excluding these large projects, the remaining projects will be executed through qualification screening (285.1 billion KRW) and negotiated contracts (1.8 billion KRW), respectively.

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