Goryeong County Selected as "Outstanding Institution" for Second Consecutive Year in North Gyeongsang Contract Cost Review Evaluation

Saved 1 Billion KRW in Budget...
Outstanding in Both Qualitative and Quantitative Evaluations

Goryeong County in North Gyeongsang Province (Governor Lee Namcheol) was selected as an "Outstanding Institution among Counties" in the 2024 North Gyeongsang Province Contract Cost Review Operation Evaluation, winning the award for the second consecutive year following last year.

The Contract Cost Review Operation Evaluation is conducted by North Gyeongsang Province for 22 cities and counties within the province. The selection is based on a comprehensive assessment that includes quantitative indicators such as the number of reviews and budget reduction rate, as well as qualitative criteria such as professionalism, originality, and appropriateness.

This year, Goryeong County conducted cost reviews for a total of 129 projects, achieving tangible results by saving approximately 1.019 billion KRW (a reduction rate of 2.04%) out of the total project budget of 49.9 billion KRW. This outcome is attributed to in-depth reviews based on on-site inspections and technical analyses, which helped preemptively eliminate factors that could lead to budget waste.

An official from the county stated, "By moving away from conventional practices and thoroughly reviewing the appropriateness and validity of projects, we were able to enhance budget efficiency," adding, "This is the result of our efforts to ensure that residents' taxes are executed more transparently and effectively."

In particular, this selection as an outstanding institution not only resulted in an award for the county, but also included individual commendations for the public officials in charge of contract reviews, providing an opportunity for Goryeong County's professionalism and administrative capabilities to be recognized externally once again.

Lee Namcheol, Governor of Goryeong County, said, "I am pleased that the dedication of our public officials has been recognized through external evaluation," and added, "We will further strengthen our contract review operations to enhance the soundness and efficiency of the budget, thereby rewarding the trust of our residents."

Goryeong County Office.

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