DL E&C submits sole bid for Gwangmyeong's Haan Jugong 9 rebuild, 930.9 billion won
In short
DL E&C (DL이앤씨) said on 23 October that it submitted a bid proposal on 22 October for the Haan Jugong Complex 9 (하안주공9단지) rebuilding project in Gwangmyeong, Gyeonggi Province. It was the only bidder and holds preferred negotiating status. The project operator plans a contractor-selection meeting on 29 November.
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DL E&C (DL이앤씨) said on 23 October that it submitted a bid proposal on 22 October for a negotiated contract on the Haan Jugong Complex 9 (하안주공9단지) rebuilding project in Gwangmyeong, Gyeonggi Province. The company took part alone in the contractor-selection tender run by project operator Kyobo Asset Trust (교보자산신탁) and gained preferred negotiating status. [ 1 , 2 , 3 , 4 , 5 ]
The project operator plans to review DL E&C's proposal and hold a contractor-selection plenary meeting on 29 November, according to Chosun Ilbo, Asia Economy and Maeil Business. Yonhap and Newsis gave the date as the 29th of next month. [ 1 , 2 , 3 , 4 , 5 ]
The rebuilt complex is planned at 2,218 households in 15 buildings, with up to 45 floors above ground and four below, on the contractor's alternative design. The construction cost is 930.9 billion won. DL E&C proposed the name 'e-Pyeonhan Sesang Gwangmyeong Rivermark' (e편한세상 광명리버마크). It said the name reflects an aim to become a new landmark for Gwangmyeong. [ 1 , 2 , 3 , 4 , 5 ]
According to the outlets, DL E&C proposed a specialised design with a domestic architecture firm. Buildings are placed to increase households with a view of the Anyangcheon stream, and landscaping area is raised compared with the original plan. The proposal includes four duplex penthouses and five view-focused penthouses, and larger community facilities and more parking than the original plan. [ 1 , 3 , 4 , 5 ]
Chosun Ilbo and Newsis listed facilities including a sky lounge, sports court, sauna, family cinema and dining room. [ 1 , 5 ]
A DL E&C official said the company concentrated all its capabilities on the proposal to make the project succeed. [ 1 , 2 , 3 , 4 , 5 ]
Asia Economy and Newsis added that DL E&C was chosen as contractor for Mokdong Complex 6 (1.2868 trillion won) this year and was the only bidder for Seongsu District 2 (2.0137 trillion won). They give different totals for its redevelopment orders if it wins Haan Jugong Complex 9: Asia Economy says 4.3214 trillion won, Newsis 4.2314 trillion won. [ 3 , 5 ]
Why it matters
If the operator confirms DL E&C at the 29 November meeting, the company would take on a rebuilding project with a construction cost of 930.9 billion won. Asia Economy and Newsis link the project to the company's urban redevelopment order total for the year.
Key facts
- DL E&C said on 23 October that it submitted a bid proposal on 22 October for a negotiated contract on the Haan Jugong Complex 9 rebuilding project in Gwangmyeong, Gyeonggi Province. [ 1 , 2 , 3 , 4 , 5 ]
- DL E&C was the only participant in the contractor-selection tender run by project operator Kyobo Asset Trust (교보자산신탁) and gained preferred negotiating status. [ 1 , 2 , 3 , 4 , 5 ]
- The project operator plans to hold a contractor-selection plenary meeting on 29 November after reviewing the proposal. [ 1 , 2 , 3 , 4 , 5 ]
- The rebuilt complex is planned at 2,218 households (on the contractor's alternative design), with up to 45 floors above ground and four below, in 15 buildings. Construction cost is 930.9 billion won. [ 1 , 3 , 4 , 5 ]
- DL E&C proposed the complex name 'e-Pyeonhan Sesang Gwangmyeong Rivermark' (e편한세상 광명리버마크). [ 1 , 2 , 3 , 4 , 5 ]
- The proposal includes four duplex penthouses and five view-focused penthouses. [ 1 , 3 , 5 ]
Confirmed by several sources
- DL E&C submitted its bid proposal for a negotiated contract on 22 October and announced it on 23 October. [ 1 , 2 , 3 , 4 , 5 ]
- DL E&C was the sole participant in the tender and obtained preferred negotiating status. [ 1 , 2 , 3 , 4 , 5 ]
- A contractor-selection plenary meeting is planned for 29 November. [ 1 , 2 , 3 , 4 , 5 ]
- The construction cost is 930.9 billion won and the complex is planned at 2,218 households. [ 1 , 2 , 3 , 4 , 5 ]
Still unclear
- Whether DL E&C will be formally selected as contractor. The documents say the operator will review the proposal and decide at the planned 29 November meeting; no result is reported.
- DL E&C's cumulative urban redevelopment orders for the year if it wins the project. Asia Economy gives 4.3214 trillion won while Newsis gives 4.2314 trillion won.
What local media are saying
Timeline, local time
- Chosun Ilbo reported that DL E&C said it had submitted the bid proposal on 22 October. [ 1 ]
- Yonhap reported DL E&C was the only participant in the tender. [ 2 ]
- Newsis reported the proposal with the 9,309 hundred million won (930.9 billion won) construction cost and the plenary meeting planned for the following month. [ 5 ]