Public Procurement Service Announces Bids for 40 Construction Projects Including 'Bonggang~Muan Road Construction'

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

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service announced on the 26th that it will conduct bids for 40 construction projects worth approximately 219.1 billion KRW over five days starting from the 27th.

The bids include 29 projects (73% of the total), such as the 'Sewer Pipeline Maintenance Project in Ojeong-dong, Daedeok-gu' requested by Daejeon City, which will be executed as region-restricted or region-mandatory joint contract projects.

Through this, the Public Procurement Service expects local companies to secure contracts worth about 132.9 billion KRW (61% of the total) based on construction payments.

By region, the order volume is largest in Gyeongnam Province with 61.1 billion KRW, followed by Gyeongbuk Province with 34.7 billion KRW, and Gyeonggi Province with 33.9 billion KRW. Other regions are expected to receive a total of 89.4 billion KRW in orders.

Among the scheduled projects, large-scale projects worth over 30 billion KRW account for 34% (74.8 billion KRW) of the total.

Among these, two projects including the 'Bonggang~Muan Road Construction Project in Gyeongnam Province (approximately 42.2 billion KRW)' will be bid through a comprehensive evaluation bidding system.

Excluding these, the bidding projects will be executed through comprehensive evaluation (simplified type 25.6 billion KRW), qualification evaluation (117.8 billion KRW), and negotiated contracts (0.9 billion KRW), respectively.

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