Guides to Korean public procurement

Korean tender notices assume knowledge that is rarely written down in English. These guides cover the terminology, the rules that decide who may bid, and the mechanics that decide who wins.

• How to read a Korean tender notice

  A field-by-field guide to the Korean terms on a 나라장터 bid announcement, and which ones decide whether you can bid at all.

  7 min read

• Korean contract methods explained

  일반경쟁, 제한경쟁, 지명경쟁 and 수의계약 — what each means in practice and how it changes your chance of winning.

  6 min read

• Can foreign companies bid on Korean public tenders?

  How international bidding works in Korea, what 국제입찰 means, and the practical barriers that matter more than the legal ones.

  7 min read

• Korean tender deadlines: the four dates that matter

  Registration cut-off, bid opening, bid closing and 개찰 are different dates. Missing the first one disqualifies you before you start.

  5 min read

• How the winning price is decided in Korean tenders

  복수예가, the lottery that sets the target price, and why the lowest bid frequently does not win.

  6 min read