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Busan City Holds Practical Local Contract Training for 2025

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Busan Metropolitan City (Mayor Park Heong-joon) announced that it will hold practical training for local contracts for 2025 at 2:00 PM on June 24, 2025 in the International Conference Room at Busan City Hall.

The training session is designed for contract officers from the city government, public corporations, and district offices to enhance their understanding of local contract procedures and ensure transparent and efficient contract execution.

Expert instructors from the Korea Local Finance Mutual Aid Association will lead the session, providing valuable insights into the latest regulatory updates and best practices for handling local contracts.

Training Details

• ●Date and Time: June 24, 2025, at 2:00 PM

• ●Location: International Conference Room, Busan City Hall

• ●Participants: Contract officers from Busan’s city offices, public corporations, district offices, and other relevant entities

• ●Trainer: Cho Yang-je, an expert from the Korea Local Finance Mutual Aid Association

Main Training Topics

• ●Electronic Payment Systems and Contract Processing

• ●Key Issues in Local Contracts:

• ○Basic procedures for handling local contracts

• ○Payment methods (including advance payments, labor costs, etc.)

• ○Subcontract management (e.g., construction equipment rental, material payments)

• ○Debt recovery procedures

• ○Debt recovery methods for public creditors, transfer procedures, shareholding changes, and more.

Interactive Q&A Session

After the training, there will be a Q&A session for contract officers to address any issues and challenges they encounter in their day-to-day contract work. This session aims to resolve doubts and enhance practical knowledge.

Kim Gyeong-tae, Director of the Busan Planning and Coordination Office, stated:

“Through this training, we aim to strengthen the practical capabilities of our contract officers and enhance their understanding of local contracts. We are committed to improving the transparency and legality of contracts, ultimately fostering a trustworthy public service culture.”

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[Appendix] Event Overview

• ●Date & Time: June 24, 2025, 2:00 PM

• ●Location: International Conference Room, Busan City Hall

• ●Trainer: Cho Yang-je, Expert from the Korea Local Finance Mutual Aid Association

• ●Participants: City, public corporation, and district office contract officers

• ●Focus: Understanding local contract procedures, issues, and recent regulatory changes