| Title |
A Study on Practical Ways to Improve Pricing Criteria for Technical Service Contracts |
| DOI |
http://dx.doi.org/10.6106/KJCEM.2014.15.2.033 |
| Keywords |
National Budget ; Estimated Price ; Cost Calculation ; Pricing Criteria ; Budget Execution |
| Abstract |
Goods, services and construction works needed by central government entities, local government entities, and other public institutions are procured with national budget. For efficient budget execution, Article 9 Paragraph 1 of the Enforcement Decree of the Act on Contracts to Which the State is a Party (hereinafter "State Contract Act") provides for the criteria for determining estimated price. Sub-paragraph 2 of the paragraph provides for the "determination of estimated price by cost calculation". On this legal basis, pricing criteria for the determination of estimated price, based on the project purpose, are announced by responsible authorities. This study analyzes the pricing criteria for technology services and proposes a price calculation methodology that can ensure transparency, as a practical improvement for more rational and efficient budget execution in the public sector. |