South Korea updates e-procurement methods

Friday 19 December 2014 00:22 CET | News

South Korea`s Defense Acquisition Program Administration (DAPA) has announced changes to its e-procurement system to try to encourage more companies to use the process.

The acquisition agency has unveiled that the e-procurement system - accessed from - will now give defence companies more time to lodge bids, enhanced flexibility in meeting tender deadlines and additional details about defence tenders.

DAPA has said the changes are intended to increase the use of the e-procurement method and make defence contracting more efficient.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: South Korea, e-procurement, methods, Defense Acquisition Program Administration, DAPA, bids
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech

Industry Events