Public Procurement Service
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Public Procurement Service
The Public Procurement Service (, PPS) is a governmental organization in South Korea and is run under the Ministry of Economy and Finance. It is tasked with the purchasing, supply and management of materials required for major building works in the country. The headquarters are in Seo District, Daejeon. PPS is member of the Procurement G6, an informal group leading the use of framework agreements and e-procurement instruments in Public procurement.http://www.ilquotidianodellapa.it/_contents/news/2016/giugno/1464943245450.html G6 2016 in Rome References External links Official website Government agencies of South Korea South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ...
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Ministry Of Economy And Finance (South Korea)
The Ministry of Economy and Finance (abbreviated to MOEF) oversees the financial policies of the South Korean government. It publishes a monthly report on the national economy, known as the "Green Book." The current minister is Choo Kyung-ho. The headquarters is in the Sejong Government Complex in Sejong City. According to Chapter 3 Article 19 of the Government Organisation Act, the Minister of Economy and Finance also acts as the Deputy Prime Minister, together with the Minister for Education. MOEF has enforcement functions as well. It oversees the National Tax Tribunal and the Financial Intelligence Unit. The ministry was formed in 1994 through the merger of the old Economic Planning Board (est. 1961) and Ministry of Finance (est. 1948). History 1948 Three years after gaining independence from Japan, the Korean government was set up and it established the Ministry of Finance and the Economic Planning Board. The Ministry of Finance took charge of designing tax, financial and ...
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Seo District, Daejeon
Seo District (Seo-gu) is a gu ("district") of Daejeon, South Korea. Daejeon Metropolitan City Hall is also located there. Administrative divisions Seo-gu is divided into 14 '' dong'' (동, "neighborhoods"): * Gasuwon-dong * Gwanjeo-dong * Giseong-dong * Wolpyeong-dong * Nae-dong * Gajang-dong * Goejeong-dong * Dunsan-dong * Sancheon-dong * Tanbang-dong * Yongmun-dong * Byeon-dong * Boksu-dong * Doma-dong Places of Interest Dunsan-dong is one of the more densely populated areas of Daejeon. As a result, it is the location of several points of interest. These include department stores, government offices, and several international chain restaurants and retailers. There is Pai Chai University Pai Chai University is one of South Korea's oldest modern universities. Its campus is located in Seo-gu, in Daejeon metropolitan city, on the lower slopes of Yeonja Mountain. It has a present-day student body of about 14,000. Undergraduate p ... in Seo District, Daejeon. ...
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Daejeon
Daejeon () is South Korea's fifth-largest metropolis, with a population of 1.5 million as of 2019. Located in the central-west region of South Korea alongside forested hills and the Geum River, the city is known both for its technology and research institutions, and for celebrating its natural environment, with most mountains, hot springs, and rivers freely open for public use. Daejeon serves as a hub of transportation for major rail and road routes, and is approximately 50 minutes from the capital, Seoul, by KTX or SRT high speed rail. Daejeon (along with Seoul, Gwacheon and Sejong City) are collectively South Korea's administration hubs. The city is home to 23 universities and colleges, including Korea Advanced Institute of Science and Technology (KAIST) and Chungnam National University, as well as government research institutes, and research and development centers for global companies such as Samsung, LG, mostly located in the city's Daedeok Science Town. Occupied b ...
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Procurement G6
The Procurement G6 is an informal group of six national central purchasing bodies. It is also known as the Multilateral Meeting on Government Procurement (MMGP). Members Members of the Procurement G6 are: * : Public Services and Procurement Canada * : ChileCompra * : Consip * : Public Procurement Service * : Crown Commercial Service * : General Services Administration Scope Each country shares experiences about: * e–procurement systems * challenges, opportunities and actions for small and medium enterprises (SME) * their qualification systems for enterprises * instruments and indicators for the performance measuring of the Central Purchasing Bodies and their impact on the economic system, on the public sector and on the enterprises * actions to minimize the corruption risk * the green procurement scenarios Past meetings of the Procurement G6 have included: * June 15–16, 2009 — San Antonio, * June 10–12, 2010 – Rome, * September 24–26, 2013 — Seoul, * ...
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Government Procurement In The European Union
Government procurement or public procurement is undertaken by the public authorities of the European Union (EU) and its member states in order to award contracts for public works and for the purchase of goods and services in accordance with principles derived from the Treaties of the European Union. Such procurement represents 14% of EU GDP ,European CommissionCommunication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions: Making Public Procurement work in and for Europe COM(2017) 572 final, published 3 October 2017, accessed 20 October 2021 and has been the subject of increasing European regulation since the 1970s because of its importance to the European single market. According to a 2011 study prepared for the European Commission by PwC, London Economics and Ecorys, the UK, France, Spain, Germany, Poland and Italy were together responsible for about 75% of all public procurement in the EU ...
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E-procurement
E-procurement (electronic procurement, sometimes also known as supplier exchange) is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning. The e-procurement value chain consists of indent management, e-Informing, e-Tendering, e-Auctioning, vendor management, catalogue management, purchase order integration, Order Status, Ship Notice, e-invoicing, e-payment, and contract management. Indent management is the workflow involved in the preparation of tenders. This part of the value chain is optional, with individual procuring departments defining their indenting process. In works procurement, administrative approval and technical sanction are obtained in electronic format. In goods procurement, indent generation activity is done online. The end result of the stage is take ...
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Public Procurement
Government procurement or public procurement is the procurement of goods, services and works on behalf of a public authority, such as a government agency. Amounting to 12 percent of global GDP in 2018, government procurement accounts for a substantial part of the global economy. To prevent fraud, waste, corruption, or local protectionism, the laws of most countries regulate government procurement to some extent. Laws usually require the procuring authority to issue public tenders if the value of the procurement exceeds a certain threshold. Government procurement is also the subject of the Agreement on Government Procurement (GPA), a plurilateral international treaty under the auspices of the WTO. Overview Need for government procurement Government procurement is necessary because governments cannot produce all the inputs for the goods they provide themselves. Governments usually provide public goods, e.g. national defense or public infrastructure. Public goods are non-riv ...
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Government Agencies Of South Korea
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ...
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