Seoul Gangseo-gu Publishes '2021 Case-Based Practical Manual for Cost Accounting'

Inclusion of Case-Based Customized Cost Calculation Methods... Expected to Ensure Local Fiscal Efficiency and Soundness through Accurate Contract Management

[Asia Economy Reporter Park Jong-il] Let's learn easily and quickly through case studies in the fields of public contracts and cost calculation, which often feel difficult.

Gangseo-gu, Seoul (District Mayor Noh Hyun-song) announced that it has published the "2021 Practical Manual for Cost Calculation with Case Studies" as an e-book, which includes customized cost calculation methods centered on case studies by analyzing major contract reviews by field over the past three years.

The purpose is to enhance administrative transparency through consistent and accurate contract processing and to secure the efficiency and soundness of local finances.

The manual contains cost calculation preparation guidelines and contract review cases in four fields: construction, services, goods procurement, and design changes, aiming to strengthen the capabilities of project department personnel.

In particular, the contract review cases were carefully analyzed from over 2,200 contract reviews conducted in the past three years and inquiries from the newly introduced "Pre-contract Review Design Consultation Desk" starting this year, selecting repetitive cases as the focus.

Also, the manual is systematically organized by field so that anyone newly engaged in the work can understand it easily and quickly.

The "2021 Practical Manual for Cost Calculation with Case Studies" will be distributed as an e-book to district office project departments, community service centers, and facility management corporations.

The district has been operating a contract review team within the Audit Office since 2012.

The contract review team conducts a contract review system that analyzes costs before construction, service, and goods procurement contracts in each department to prevent budget waste in advance, having saved a total of 4,521 cases and about 7.2 billion KRW in budget so far.

A district official said, "We hope this manual publication will not only strengthen the capabilities of project department personnel but also lead to transparent and sound budget management," adding, "We will continue to find and implement more diverse measures for reasonable budget savings."

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