Public Procurement Service Announces 64 Construction Bids Including 'Sinan Amhae~Haenam Hwawon Road'

Status data on regional restrictions and mandatory joint bidding by region. Provided by the Public Procurement Service

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service announced on the 8th that from the 9th to the 13th, it will hold bids for 64 construction projects worth approximately 722.6 billion KRW, including the Ministry of Land, Infrastructure and Transport Iksan Regional Land Management Office's demand for the "National Road No. 77 Sinan Amhae-Haenam Hwawon Road Construction Project (Section 2)".

The bids include 45 projects (70% of the total), such as Gyeonggi Province's demand for the "Dobongsan-Ogjeong Metropolitan Railroad Section 3 Construction Project," which will be subject to regional restriction bidding or mandatory regional joint contracts.

The Public Procurement Service expects that local companies will secure about 280.1 billion KRW (39% of the total) based on the contract amount. Among these, 24 projects worth approximately 48.7 billion KRW are regional restriction bidding projects where only local companies can participate.

By region, Gyeonggi Province has the largest order volume at 347.9 billion KRW, followed by Jeollanam-do with 207.6 billion KRW, and Chungcheongnam-do with 44.2 billion KRW. Additionally, a total of 124.9 billion KRW will be ordered in other regions.

The Public Procurement Service will execute the bidding for the Ministry of Land, Infrastructure and Transport Iksan Regional Land Management Office's demand for the "National Road No. 77 Sinan Amhae-Haenam Hwawon Road Construction Project (Section 2, approximately 198.8 billion KRW)" as a design-build lump-sum bid; three projects including Gyeonggi Province's demand for the "Dobongsan-Ogjeong Metropolitan Railroad Section 3 Construction Project (approximately 195 billion KRW)" will be conducted under the comprehensive evaluation bidding system; and the Korea Rural Community Corporation's demand for the "Saemangeum District Industrial Complex Section 5 Civil Engineering Project (approximately 32.7 billion KRW)" will be conducted under the comprehensive review bidding system.

Other projects will be executed through comprehensive review (simplified type, 31.3 billion KRW), qualification review (115 billion KRW), and negotiated contracts (1.7 billion KRW), among others.

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