Public Procurement Service Announces 68 Construction Bids Including Ulsan 'Bangojin Sewage Treatment Facility Expansion'

Status data on regional restrictions and mandatory regional joint contracting by region. Provided by the Public Procurement Service

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service announced on the 10th that from the 11th for five days, it will conduct construction bids worth approximately 199 billion KRW for 68 projects, including the Ulsan City demand 'Expansion Project of Bangojin Sewage Treatment Facility.'

The bids include 60 projects (88% of the total), such as the 'Maintenance Work for Aging Sewage Pipelines in the Geumho Treatment Area' requested by the Environmental Business Office of Yeongcheon City, Gyeongbuk Province, which will be conducted as region-restricted bids or region-mandatory joint contracts.

Through this, the Public Procurement Service expects that local companies will win contracts worth 75.2 billion KRW (38% of the total) based on construction payments. Among these, region-restricted bids, where only local companies participate, are expected to account for 48 projects worth 57.4 billion KRW.

Additionally, region-mandatory joint contracts, which require local companies to form joint supply bodies to participate, are expected to account for 12 projects worth 42.3 billion KRW in total, with approximately 17.8 billion KRW involving local company joint supply body participation.

By region, the order volume is highest in Gyeonggi Province with 71.3 billion KRW, followed by Gyeongbuk Province with 38.3 billion KRW, and Sejong City with 34.3 billion KRW. Other regions are expected to have orders totaling 55.1 billion KRW.

The construction projects scheduled for execution this week will be conducted through comprehensive evaluation (73 billion KRW), qualification evaluation (125.7 billion KRW), and negotiated contracts (0.3 billion KRW).

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