WORLDWIDE‑CORRUPTION

South Korea · Findings · Bid rotation ring

(주)형통건설 · 신성토건(주) · 정토건설 주식회사 · 주식회사 효광개발 [2098137312,5118105445,5128107387,5138134422]

Why it is here

Indicator “Bid rotation ring”: the same circle of 4 firms at 경상북도 구미시 상하수도사업소 in 4 tenders, winners 2 (rotation); won 202,898,130 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)형통건설 · 신성토건(주) · 정토건설 주식회사 · 주식회사 효광개발 [2098137312,5118105445,5128107387,5138134422]
Buyer
경상북도 구미시 상하수도사업소
Indicator
Bid rotation ring
Amount
KRW 202,898,130
Found
4 October 2026
Code
KR-07147

Findings · Bid rotation ring