Public Procurement Service Announces Bids for 64 Construction Projects Including 'Andong Waryong~Bonghwa Beopjeon National Road Construction'
Status data on regional restrictions and mandatory regional joint contracting by region. Provided by the Public Procurement Service
View original image[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service announced on the 5th that from the 6th to the 10th, it will conduct bids for 64 construction projects worth approximately 263 billion KRW, including the Ministry of Land, Infrastructure and Transport Busan Regional Land Management Office's demand for the "Andong Waryong~Bonghwa Beopjeon National Road Construction Project."
The bids include 48 projects (75% of the total), such as Ulsan City's demand for the "Ulsan Station Complex Transfer Center Surrounding Infrastructure Maintenance Project," which are subject to regional restriction bids or mandatory regional joint contracts.
Through this, the Public Procurement Service expects that local companies will win contracts worth approximately 106.9 billion KRW (41% of the total) based on construction payments. Among these, the scale of regionally restricted bids, which only local companies can participate in, amounts to 37 projects worth about 65.1 billion KRW.
By region, Gyeongbuk has the highest order volume at 110.8 billion KRW, followed by Ulsan with 27.8 billion KRW, and Jeonbuk with 26.5 billion KRW. Additionally, a total of 97.9 billion KRW will be ordered in other regions.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- "Hancom Breaks Away from Its 36-Year Mission and Formula for Success" (Comprehensive)
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
The Public Procurement Service will conduct the bid for the Andong Waryong~Bonghwa Beopjeon National Road Construction Project (89 billion KRW) using a comprehensive evaluation and lowest bid system, while other projects will be executed through comprehensive evaluation (simplified type - 19.7 billion KRW), comprehensive assessment (cultural heritage repair - 1.3 billion KRW), qualification evaluation (151.2 billion KRW), and negotiated contracts (1.8 billion KRW), respectively.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
