1. Reason for the Revision

The proposed revision aims to improve the related provisions in order to support the growth and leap forward of businesses that produce or supply excellent products by rationally improving excessive contract management, sanction standards, regulatory provisions and practices related to the designation and delivery of excellent products.

2. Main Contents

(1) The revision aims to improve the management of designated excellent products in order to mitigate the burden on businesses.

□ Specifications can be added after finalizing the specification sheet even before a contract is signed.

□ The revision extends the period for receiving patent application certificates by 3 weeks when specifications are added.

□ The revision replaces 'businesses' with 'items’ in the criteria for reviewing the reliability of export performance records and simplifies the procedure for extending the period of designation of excellent products.

(2) The revision strengthens the sanctions for serious violations, such as falsification and tampering of documents.

□ If a company has been sanctioned for more than six months for three reasons, including the submission of false documents, bid rigging, or bribery, it can apply for designation one year after the end of the period of sanction.

□ The revision establishes the grounds for bringing criminal charge against brokers and vendors who induce or instigate brokers’ unfair acts.

(3) The revision improves unclear provisions, forms, etc.

□ The revision clarifies the starting point of the period in which the omission or replacement of a technical examination is permitted; requires mandatory submission of the relevant specifications when submitting quality clarification data with a performance certification and the K-mark; and unifies the method of verifying start-up companies with a start-up company verification form; etc.