1. Reasons for Enactment

 This Enactment prescribes contract terms, etc. required to enter into a third party unit price contract for innovative products in accordance with Article 12 of the Government Procurement Act.

2. Major Provisions

 A. General provisions (Articles 1 to 2)

ㅇ Scope, terms and definitions

 B. Conclusion of contracts (Articles 3 to 4)

ㅇ Matters concerning contract bonds, contract expiration dates, etc.

 C. Changes to contracts (Articles 5 through 8)

ㅇ Matters concerning contract cancellation or revocation, modified contracts, contract renewals, etc.

 D. Obligations of parties to a contract (Articles 9 through 14)

  ㅇ Matters concerning the obligations of parties to a contract, such as the obligation to give notification of preferential prices

 E. Follow-up (Articles 15 through 23)

  ㅇ Matters concerning the suspension of transactions, suspension of sale, prices, fact-finding surveys, etc.

 F. Delivery (Articles 24 through 34)

  ㅇ Matters concerning responses to delivery requests, delivery deadlines, price payment, etc.

 G. Other (Articles 35 through 37)

  ㅇ Order of contract interpretation, deadline for reviews, and other matters