Daegu Metropolitan Office of Education, 97.9% Contract Rate with Local Construction Companies in the Past 2 Years
Contract worth 274.3 billion KRW for construction over 50 million KRW... "Contributing to Local Economic Revitalization"
[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] The Daegu Metropolitan Office of Education announced on the 17th that it has actively applied local restricted bidding and mandatory local joint contracting methods, contracting with local companies for 842 out of 860 construction projects worth over 50 million KRW in the past two years, accounting for 97.9% (274.3 billion KRW).
The Office of Education issues orders so that only Daegu-based companies can participate in comprehensive construction projects estimated under 10 billion KRW, specialized construction projects under 1 billion KRW, and electrical, telecommunications, and fire-fighting construction projects under 500 million KRW.
To expand the participation of Daegu-based companies in nationwide bidding projects, orders are issued using the mandatory local joint contracting method, allowing Daegu companies to participate with a construction participation rate of over 49%. For example, the new construction of eight schools including Daegu International High School (total contract amount of 144.1 billion KRW) was issued as a nationwide bidding project, but by applying the mandatory local joint contracting method, 25 Daegu-based companies are participating in the construction.
In terms of purchasing goods, the Office of Education conducts local restricted bidding for goods estimated under 500 million KRW to favor Daegu-based companies. The 'Multiple Award Schedule (MAS) Procurement Guidelines' for goods purchased through the Public Procurement Service were revised on March 5 of this year, limiting the vendor selection criteria for proposals under 500 million KRW to 'Daegu region.'
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Superintendent Kang Eun-hee stated, "Along with the increase in the possible amount for direct contracts to 20 million KRW since the end of last year and improvements in the operation of the goods selection committee, it is expected that schools at all levels will be able to purchase goods from local companies more easily." She added, "We will continue to actively strive to revitalize the local economy."
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