Domestic Disguised Coated Fabrics Supply... Public Procurement Service Imposes 6-Month Bidding Ban on 5 Companies

[Asia Economy (Daejeon) Reporter Jeong Il-woong] A company that imported clothing items from overseas and then falsely labeled the origin as domestic to supply public institutions has been banned from participating in bids for six months.

According to the Public Procurement Service on the 8th, a total of five companies have been restricted from bidding. These companies are accused of ignoring contracts that stipulated domestic production and instead importing clothing items produced in Vietnam into Korea to supply public institutions.

In particular, these companies removed the origin labels in Vietnam, a method known as 'label switching,' and have been found to have fraudulently supplied clothing items worth approximately 6.9 billion KRW over several years.

Accordingly, the Public Procurement Service explained that these five companies have been barred from participating in all public bids issued by national agencies and local governments.

Kang Shin-myeon, Director of the Purchasing Business Bureau at the Public Procurement Service, stated, “By restricting the bidding qualifications of companies engaged in fraudulent supply practices within the scope permitted by law, we will ensure the establishment of a fair procurement market.”

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