Sunday, 05 July 2020

XXXVII, No 22, 18/11/2019

Korea: DAPA’S offset banking credit policy explained

Korea’s Defence Acquisition Program Administration (DAPA) has started signing new offset banking agreements. DAPA will not require contractors using banked credits to make a performance bond or pay penalties for non-performance. The organisation will also favour contractors with banked credits in the bidding process…

 

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