Public Procurement Service and Gyeonggi-do Announce 44 Construction Bids Including 'Eco Farm Land Development (Phase 1)'

Status data on regional restrictions and regional obligation joint contracts by region. Provided by the Public Procurement Service

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service announced on the 18th that from the 19th to the 23rd, it will hold bids for 44 construction projects worth approximately 300.5 billion KRW, including the Gyeonggi Province demand for the "Eco Farm Land Development Project (Phase 1, including the Riding Horse Complex)."

The bids will be conducted as region-restricted bids or region-mandatory joint contracts for 31 projects (70% of the total), including the Seoul Gangdong-Songpa Office of Education demand for the "Deoksu High School Relocation and New Construction and (tentatively named) Geoam Kindergarten New Construction."

The Public Procurement Service expects that local companies will win contracts worth about 108.5 billion KRW (36% of the total) based on the construction payment amount. Among these, region-restricted bids where only local companies participate account for 21 projects worth approximately 49.7 billion KRW.

By region, the order volume is high in Gyeonggi Province with 50.8 billion KRW, Gyeongsangnam-do with 38.8 billion KRW, and Seoul with 35.9 billion KRW, while a total of 175 billion KRW will be ordered in other regions.

Among these, the Gyeonggi Province demand for the "Eco Farm Land Development Project (Phase 1, including the Riding Horse Complex, worth approximately 50.4 billion KRW)" will be bid through a comprehensive evaluation bidding system, and the Korea Airports Corporation Busan Regional Headquarters demand for the "Gimhae International Airport International Terminal Facility Expansion Project (worth approximately 31.1 billion KRW)" will be bid through a comprehensive review bidding system.

Except for these projects, the remaining projects will be executed through comprehensive review (simplified type, etc., worth approximately 91.1 billion KRW), qualification review (worth approximately 127.4 billion KRW), and negotiated contracts (500 million KRW).

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