What South Korea Act on Contracts to Which the State Is a Party + KONEPS Korea ON-line E-Procurement System requires
The Act on Contracts to Which the State Is a Party (Gukga-reul Dangsaja-ro Haneun Gyeyak-e Gwanhan Beomnyul) is the principal South Korean statute governing contracts entered into by the State including procurement of goods, construction works, and services by central administrative agencies, with parallel rules under the Act on Contracts to Which a Local Government Is a Party for local government procurement and the Local Public Procurement Act for further local-level provisions. The statute is administered by the Ministry of Strategy and Finance (now Ministry of Economy and Finance) at the policy level and operationally delivered through the Public Procurement Service (PPS, Jojeo Cheong) which operates the centralised procurement function for many product categories and runs the Korea ON-line E-Procurement System (KONEPS) at g2b.go.kr. KONEPS is one of the world's most mature and comprehensive government e-procurement platforms, processing the majority of South Korean public sector procurement transactions across central and local government, and operating end-to-end electronic procurement from registration through contract execution. The Act and KONEPS workflow specify procurement methods including general competitive tendering (the default method), limited competitive tendering (restricted supplier set), nominated tendering (sole-source justified), and various negotiated procedures, with specific rules for small and medium-sized enterprise (SME) preferences, technology-development product preferences, and women / disabled / social enterprise preferences. The framework intersects the WTO Agreement on Government Procurement (GPA 2012) to which South Korea is a party, the Korea-EU Free Trade Agreement government procurement provisions, the Korea-US Free Trade Agreement government procurement provisions, and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) government procurement chapter following Korean accession negotiations. KONEPS integrates with the Government Auction System for property disposal, the Korea Public Procurement Information System (PPS Search), and the various sectoral procurement platforms for defence (Defense Acquisition Program Administration / DAPA), nuclear (Korea Hydro and Nuclear Power), and other regulated industry procurements.
Pillar: Public Sector & Government Procurement · Authority: Ministry of Economy and Finance, Republic of Korea (policy); Public Procurement Service (PPS, Jojeo Cheong) (operational); National Assembly of the Republic of Korea (legislative) · Version: 1.0.0 · Last updated:
Primary source: https://www.g2b.go.kr/
SHA-256 integrity: 886d159594f30a9c654894f271cb08dfa624b0f7628e91bbb12644969a906b4b
Primary Citations — 10 traced to source
- Act on Contracts to Which the State Is a Party (Gukga-reul Dangsaja-ro Haneun Gyeyak-e Gwanhan Beomnyul) - principal South Korean statute governing State contracts and procurement
- Act on Contracts to Which a Local Government Is a Party - parallel statute for local government procurement
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