Public Procurement Service "Meeting with Procurement Demand Agencies... Accelerating Rapid Execution in the First Half"

The Public Procurement Service (PPS) announced on the 15th that it held a 'Public Procurement Demand Agencies Meeting' at the Seoul Regional Public Procurement Service. The meeting was attended by representatives from 12 related ministries including the Ministry of Economy and Finance and the Ministry of Land, Infrastructure and Transport, as well as local governments and public institutions involved in public procurement demand.

At the meeting, the PPS encouraged cooperation from the public sector to ensure the prompt execution of 39 trillion won, equivalent to 65% of this year's procurement project budget, during the first half of the year. At the same time, it took time to listen to the difficulties demand agencies face in procurement contract procedures and systems.

Lim Gi-geun, Administrator of the Public Procurement Service (second from the right), is sharing opinions with demand agencies on rapid execution in the first half of the year at the public procurement demand agencies meeting on the 15th. Photo by Public Procurement Service

The meeting to review the status of prompt execution was also held in January. At that time, the PPS announced that it would reduce procurement fees by 15% for agencies that execute early in the first half of the year and significantly expand the advance payment scale (up to 100%).

Additionally, guidelines including improvements to the Nara Market system to allow full advance payments and precautions for demand agencies were distributed to ensure practical application on site.

For major demand agencies such as the Ministry of National Defense, Korea Post, and the National Police Agency, a working-level consultative body is being operated to shorten the design appropriateness review period and support faster project ordering by allowing demand agencies to proceed with contracts independently in urgent cases.

At the meeting, demand agencies also made suggestions regarding procurement-related policies, such as ensuring that procurement items directly related to public safety and lives, like fire trucks, are promptly registered in the Nara Market, providing precautions for advance payment management to ordering agencies of large-scale construction projects, and improving the Nara Market system.

Im Gi-geun, Administrator of the PPS, said, “Considering the domestic and international economic conditions and the difficulties of people's livelihoods, prompt execution is a policy goal that the PPS and demand agencies must achieve as one team.” He added, “This year, the PPS will actively identify and improve difficulties faced by procurement companies and demand agencies through regulatory reforms reflecting voices from the field.”

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