Hwasun-gun Saves Over 1.1 Billion Won in Budget Through Contract Review and Routine Audits

[Asia Economy Honam Reporting Headquarters Reporter Kim Young-gyun] Hwasun-gun, Jeollanam-do (Governor Gu Chung-gon) announced on the 15th that it saved 1.125 billion KRW in the first half of this year by operating an active contract review and routine audit system.

The county declared this year as the "Year of Establishing Integrity" and strengthened the standards for routine audits as part of its integrity policies.

For private capital subsidy projects, the original routine audit target was "construction projects over 300 million KRW," but the standard was strengthened to "construction projects over 100 million KRW."

Accordingly, a total of 159 cases (110 contract reviews and 49 routine audits) worth 32.4 billion KRW were reviewed in the first half of this year.

During the review process, budget was saved by reducing, adjusting, and changing excessively estimated project costs, overestimated quantities and errors, and unnecessary processes and construction methods.

In particular, on-site inspections were strengthened by eliminating unnecessary processes and changing construction methods considering site conditions.

A county official said, "It seems that efforts to establish administrative principles and standards correctly and to eliminate budget waste factors in advance through economical and rational cost analysis have resulted in budget savings. We will continue to make further efforts to ensure that the budget is not wasted."

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