Jeonnam Province reduces budget by KRW 1.2 trillion by introducing contract review system < Jeonnam < Nationwide < Text of article

(Jeonnam = International News) Reporter Kim Seong-san = Jeollanam-do Province has saved a total of 1.2 trillion won in budget through the contract review system introduced in 2008 and has begun to strengthen the capabilities of public officials and other personnel in charge.

Jeonnam Province held the ‘2024 Contract Review Seminar’ at the Jungheung Gold Spa Resort in Naju for two days until the 26th, attended by about 600 people including provincial and city government officials, service and construction companies, and construction material production companies, and opened a promotional exhibition hall for preferential purchasing of local products. also operates.

The seminar was organized to share the accumulated techniques of the contract review system introduced in 2008 and provide an opportunity to learn the latest construction cost estimation techniques.

In particular, Jeonnam Province promotes products produced by local companies when holding a contract review conference every year. As a result, 15.9 billion won worth of materials were purchased last year. This year as well, we will actively promote the purchase of 50 excellent products produced in the region to the attendees of the seminar through the establishment of the ‘Province Product Promotion Exhibition Hall’.

Since 2008, Jeonnam Province has operated a contract review system to review the adequacy of costs before ordering for construction, services, and goods ordered in the Jeonnam region, saving a total budget of 1.2368 trillion won. In addition, it has significantly contributed to efficient financial management and revitalization of the local economy by increasing the purchase of 3,212 products worth 154.8 billion won in the province.

Kang Yeong-gu, director of the Jeonnam Provincial Autonomous Administration, said, “This conference will serve as a cornerstone for preventing poor construction and sound financial management for provinces, cities, and counties by strengthening employee work capabilities, and will be a good promotional opportunity for expanding sales channels for companies in the province.” He added, “We will continue to review contracts in the future.” “We will continue to establish communication channels between the person in charge and local businesspeople,” he said.

Private news agency International News/[email protected]