WORLDWIDE‑CORRUPTION

South Korea · Findings · Bid rotation ring

(주)흥광산업 · 주식회사 협신개발 [5058105552,5058108715]

Why it is here

Indicator “Bid rotation ring”: the same circle of 2 firms at 경상북도 경주시 맑은물사업본부 에코(Eco)-물센터 in 9 tenders, winners 2 (rotation); won 873,739,300 KRW.

A group of firms takes turns to win the tenders of a buyer (bid rotation). Indicators computed from public data sets: contracts, payments, registers, trade and sanctions lists. An indicator is a reason to check, not a decision of a public authority.

Details

Company / subject
(주)흥광산업 · 주식회사 협신개발 [5058105552,5058108715]
Buyer
경상북도 경주시 맑은물사업본부 에코(Eco)-물센터
Indicator
Bid rotation ring
Amount
KRW 873,739,300
Found
4 October 2026
Code
KR-06204

JSONFindings · Bid rotation ring