Mandatory Operation of Quotation Proposal System for Participating Companies, Limit of 3 Contracts per Company... Expected to Enhance Fairness and Transparency in Private Contracts

Strengthening Transparency in Private Contracts... Gangbuk-gu Improves Private Contract Management View original image


[Asia Economy Reporter Park Jong-il] Gangbuk-gu (District Mayor Park Gyeom-su) is implementing an improvement plan for the operation of private contracts, focusing on the 'Estimate System for Interested Participating Companies' and the 'Annual Limit on the Number of Contracts with the Same Company.'


This is expected to greatly enhance trust in district administration through fairer and more transparent private contract operations.


The estimate proposal system is a system where the project manager receives estimates from interested companies through the contract disclosure system before issuing a private contract. What was previously a recommendation has been strengthened into a mandatory procedure for all private contracts. It can be omitted only for projects requiring urgent implementation, such as disaster and infectious disease tasks, after prior consultation with the contract manager.


Notice for submitting estimates is posted on the system for at least three days. In order to revitalize the local economy, the district plans to mandatorily inform local companies when receiving estimates. This is expected to have a twofold effect of expanding contract participation opportunities for various competitively priced companies and achieving budget savings. Companies wishing to participate in private contract projects can submit estimates by accessing the 'Gangbuk-gu Contract Information Disclosure System.'


Additionally, the district has limited the total annual number of private contracts with the same company per department to three. The focus is on preventing the habitual concentration of contracts with specific companies.


Before issuing contracts, project departments must review the appropriateness of company selection and whether the estimate proposal system was omitted during the checklist preparation process. It is also easy to identify local companies involved in private contracts through the company status inquiry posted on the internal administrative network.



Park Gyeom-su, Mayor of Gangbuk-gu, said, "This measure will help dispel misunderstandings that work is being concentrated on specific companies," and added, "We will continue to make efforts to implement more transparent and honest contract administration."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing