WORLDWIDE‑CORRUPTION

South Korea · Findings · Bid rotation ring

의성건설기계(주) · 효창이엔씨 [5080307755,5088108539]

Why it is here

Indicator “Bid rotation ring”: the same circle of 2 firms at 경상북도 의성군 in 4 tenders, winners 1 (one winner); won 201,714,960 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
의성건설기계(주) · 효창이엔씨 [5080307755,5088108539]
Buyer
경상북도 의성군
Indicator
Bid rotation ring
Amount
KRW 201,714,960
Found
5 October 2026
Code
KR-23586

Findings · Bid rotation ring