Public Procurement Service

Government agency of South Korea

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Public Procurement Service대한민국 조달청

The Public Procurement Service (Korean: 조달청; Hanja: 調達廳, PPS) is a governmental organization in South Korea and is run under the Ministry of Economy and Finance. It is tasked with the purchasing, supply and management of materials required for major building works in the country. The headquarters are in Seo District, Daejeon.

PPS is member of the Procurement G6, an informal group leading the use of framework agreements and e-procurement instruments in Public procurement.[1]

## History

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On December 10, 1948, the South Korean government signed a ECA aid pact to fund South Korea.[2] This created a new need for ministries handling matters related to the ECA aid, and thus, the temporary foreign capital bureau was founded in 1949.[3] This government agency was administered directly under the prime minister, and another separate government agency handling similar affairs also coexisted under the president, but the two were later merged in 1955. As domestic industries began to develop after the Korean War, the government decided to change the direction of the said government agency. In 1961, the government agency with the modern name was officially founded.[4][5]

## References

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1. ^ http://www.ilquotidianodellapa.it/_contents/news/2016/giugno/1464943245450.html G6 2016 in Rome
2. ^ "U.S., SOUTH KOREA SIGN ECA AID PACT FOR $300,000,000; 3-Year Assistance Agreement Goes Before Seoul Assembly Today for Ratification AGRICULTURE EMPHASIZED Negotiations Making Country Eighteenth in Marshall Plan Are Hailed by Officials U.S., SOUTH KOREA SIGN ECA AID PACT". New York Times. 1948-12-11. Retrieved 2025-06-23.
3. ^ "조달청". Encyclopedia of Korean Culture.
4. ^ "조달청". Encyclopedia of Korean Culture. Retrieved 2025-06-23.
5. ^ "조달청 소개". 조달청. Retrieved 2025-06-23.

## External links

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* South Korea portal

* Official website (in Korean)

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