Public Procurement Service Announces Bids for 42 Construction Projects Including Busan's 'Eomgung Bridge Construction'

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

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service announced on the 1st that it will conduct bids for 42 construction projects worth approximately 485.7 billion KRW, including the 'Eomgung Bridge' construction project requested by Busan City, from the 2nd to the 6th.

The bids include 27 projects (64% of the total), such as the 'Geumho Waterpolis Industrial Complex Construction Project (Section 1)' requested by Daegu Urban Corporation, which will be conducted as region-restricted bids or region-mandatory joint contracts.

Through this, the Public Procurement Service expects that local companies will win contracts worth about 193 billion KRW (40% of the total) based on construction payments. Among these, region-restricted bids, where only local companies participate, are expected to account for 10 projects worth approximately 21.1 billion KRW.

By region, Busan City has the largest order volume at 286.4 billion KRW, followed by Gyeonggi Province with 77.4 billion KRW, and Daegu City with 51.9 billion KRW. Additionally, a total of 70 billion KRW will be ordered in other regions.

In terms of order volume by scale, large-scale projects worth over 30 billion KRW account for 72% of the total (totaling 348.4 billion KRW).

Among these, the 'Eomgung Bridge Construction Project (263.7 billion KRW)' requested by Busan City will be conducted as a design-build lump-sum bid, and two projects including Daegu City's 'Geumho Waterpolis Industrial Complex Construction Project (Section 1, 51.9 billion KRW)' will be bid through a comprehensive evaluation bidding system.

Excluding these large-scale projects, the remaining projects will be conducted through comprehensive evaluation (simplified type, etc., 52.2 billion KRW), qualification evaluation (84 billion KRW), and negotiated contracts (1.1 billion KRW).

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