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Yongin City Achieves Budget Savings of 3.1 Billion Won in Three Months Through Contract Review System

211 cases reviewed in first quarter of 2024...Total of 4,075 cases and 70.8 billion won in savings since 2011795 cases reviewed last year, achieving 9.23 billion won in savings
View of Yongin Special City Hall.
View of Yongin Special City Hall.

[Suwon Ilbo=Reporter Park No-hun] Yongin City has identified savings of 2.8 billion won from 145 construction projects including improvements to the Yongin General Sports Complex, 200 million won from 1,354 service contracts including maintenance services for installed non-point pollution reduction facilities, and 100 million won from equipment purchases.

This is due to the city's operation of a contract review system since 2011, which examines the appropriateness of basic contract amounts, estimated prices, and design changes for construction projects, service contracts, and goods purchases to prevent budget waste and defective construction.

According to Yongin City on the 20th, the city has particularly strengthened its review process this year, including advance site inspections, taking into account the difficulty of correcting issues even when problems are discovered through post-audits.

Through this process, the city has verified consistency between the field and design documents, and proactively removed budget waste factors such as contract adjustments due to unnecessary design changes, achieving significant results.

In the first quarter of this year, the city achieved budget savings of 3.1 billion won from 311 projects.

The city plans to strengthen contract review business capacity training for new public officials so that project managers can better utilize this system, and will continuously disseminate contract review best practices.

A city official stated, "We will strengthen education on the contract review system for public officials and encourage efficient budget use to provide administrative services befitting Yongin Special City."

Meanwhile, the city has achieved a total of 70.8 billion won in savings from 4,075 cases through contract reviews since 2011. Last year, the city reviewed a total of 795 cases and achieved 9.23 billion won in savings.

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