The Korea Teachers Credit Union and the Uiwang City Youth Foundation Sign a Business Agreement.

The Korea Teachers Credit Union (Chairman Jeong Gap-yoon, hereinafter referred to as the Credit Union) announced on the 13th that it had signed a business agreement with the Uiwang City Youth Foundation to “promote the use of designated information processing devices S2B” to create a culture of honest and transparent contracting.

Through this agreement, the cooperative will utilize the School-to-Business (S2B) system to support the Uiwang City Youth Foundation and its affiliated organizations in conducting contracts more transparently and fairly. The two organizations plan to continue their cooperation and contribute to establishing a culture of transparent contracting.

Lee Sang-mok, CEO of S2B, stated, "We will strive to establish S2B as an essential contracting system for local governments. We anticipate this will have a positive impact on improving work efficiency and ensuring the integrity of public contracts." He added, "We will also work to lower barriers to entry for local small business owners and microenterprises into the public procurement market and establish a foundation for expanding their sales channels."

Meanwhile, the Korea Teachers Credit Union has signed a business agreement with 17 city/provincial offices of education and 16 education support offices across the country to promote the use of S2B, and in January 2023, it will officially launch the 'Local Contract Platform S2B', a contract platform exclusively for local governments, to expand the number of organizations using it and increase its usability as an electronic procurement system.


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