Imsil-gun Extends 'Temporary Special Measures for Local Contract System' Until December

Published 25 Aug.2021 14:05(KST)

[Imsil=Asia Economy Honam Reporting Headquarters, Reporter Park Nosik] Imsil County, Jeonbuk (Governor Sim Min) announced on the 25th that it will extend the temporary special measures for the local contract system until December to overcome the economic crisis caused by COVID-19.

The county has been implementing the special measures since June last year to revive the local economy, which has been stagnant due to the impact of COVID-19, and will apply them until December after one more extension.

The limit for negotiated contracts with estimates from two or more parties has been doubled compared to before, with the estimated price limits set at up to 400 million KRW for general construction, up to 200 million KRW for specialized construction, and up to 160 million KRW for other construction projects under related laws.

The limit for negotiated contracts for goods and services has also been doubled, and to ensure fairness and equity, negotiated contracts with estimates from two or more parties will be operated through the Public Procurement Service electronic system (G2B).

The county decided to lower the contract deposit, reduce the inspection period from 14 days to 7 days, and shorten the payment period from 5 days to 3 days.

Projects related to infectious disease prevention and containment, urgent events, and rapid execution will be carried out as early as possible, and urgent bidding will be conducted for construction projects ordered in the first half of the year as part of the response measures.

Governor Sim Min said, “We will support execution measures to respond to the economic shock caused by COVID-19 and strengthen the transparency and accountability of budget execution to help revitalize the local economy.”