Public Procurement Service Designates Excellent Procurement Products... Increasing the Weight of Technology and Quality Evaluation

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The Public Procurement Service (Administrator Kim Jung-woo) will revise and implement the regulations for designating excellent procurement products (hereinafter referred to as ‘excellent products’) starting September 1.

The revision features a reorganization of the technical and quality evaluation to ensure that outstanding products are designated.

The weight of the credibility bonus points has been reduced from 5 points to 3 points, and considering the proportion within the bonus points and the variation by item, the bonus points for export performance have been reduced from 3 points to 1 point.

They also plan to strengthen the management of specifications for excellent products to enhance product reliability.

When procurement companies apply for excellent product designation, they are required to submit important review items in the form of a ‘self-checklist’.

Additionally, the review stages for the specifications of evaluation materials, final specifications, and contract specifications for excellent product designation will be subdivided and managed.

Kim Jung-woo, Administrator of the Public Procurement Service, said, “We improved the selection of excellent products focusing on outstanding technology and quality to encourage technological development and strengthen the reliability and accountability of excellent products.”

He added, “We will continue to promote institutional improvements so that anyone can recognize the technology and quality of excellent products.”

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