Public Procurement Service Announces Bids for 49 Construction Projects Including Milyang District River Disaster Prevention Project

Status of Regional Restrictions and Mandatory Joint Contracting by Region. Provided by Public Procurement Service

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Public Procurement Service announced on the 16th that from the 17th to the 21st, it will conduct construction bids worth approximately 132.2 billion KRW for 49 projects, including the demand from Miryang City, Gyeongnam, for the "Miryang District (Dongcheon) River Disaster Prevention Project."

The bids will be conducted as region-restricted bids or region-mandatory joint contracts for 39 projects, including the demand from the Korea Sports Promotion Foundation (KSPO) in Seoul for the "KSPO Sports Value Center Construction Project."

Through this, the Public Procurement Service expects that local companies will secure contracts worth about 65.9 billion KRW based on construction payments.

The order volume by region is large, with Gyeongnam at 54.1 billion KRW, Gyeonggi-do at 18.8 billion KRW, and Daejeon City at 14.8 billion KRW. Additionally, a total of 44.5 billion KRW will be ordered in other regions.

The construction projects scheduled for this week will be conducted through comprehensive evaluation (simplified type 27.9 billion KRW), qualification evaluation (102.9 billion KRW), and negotiated contracts (1.4 billion KRW), respectively.

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