Notification of proposal non-acceptance
(Main department → Proposer)

Application for implementation plan approval (including detailed design)

Construction implementation

Notification of proposal non-acceptance
(Main department → Proposer)

Request for proposal content review
(Private investment eligibility investigation)

Decision on private investment project adoption

Announcement of proposal content
(Responsible department)

Conclusion of implementation agreement and designation of project operator

Implementation plan approval

Construction completion verification and operation commencement

① Private Proposal Submission

• Private sector → Project department, internal review of proposal content by project department

② Prior Consultation with Planning and Coordination Office

• Prior review and consultation on policy compliance and budget support possibility with Financial Officer and Budget Officer

③ Private Proposal Review (Financial Officer → S-PIMs → PIMAC)

• Project department requests review through Financial Officer
• Financial Officer requests preliminary review from Seoul Public Investment Management Center
• Decision on PIMAC eligibility investigation based on preliminary review results

※ Project department notifies Financial Officer of PIMAC review results

④ Preliminary Review of Third-Party Proposal Announcement (Simultaneous review by S-PIMs and Contract Review Team)

• Prior consultation with Urban Planning Committee if needed (Facility Planning Division)

⑤ Private Investment Project Committee Review

• Projects KRW 200 billion or more: City Financial Plan Review → Ministry of Economy and Finance Private Investment Project Review
• Projects less than KRW 200 billion: City Financial Plan Review → Ministry of Interior Investment Review

※ National support of KRW 30 billion or more: City Financial Plan Review → Ministry of Economy and Finance Private Investment Project Review

⑥ City Council Consent

⑦ Written Notification of Private Investment Project Implementation (Project department → Proposer)

Third-party proposal request announcement

• Publication in city bulletin, government gazette, daily newspapers, and City Public Investment Management Center website

① Consultation Delegation to Expert Organization (PIMAC, etc.)

• Target: Projects subject to city financial plan review

② Seoul Public Investment Management Center implementation Agreement Verification (Draft)
Verification and Contract Review Team Implementation Agreement (Draft)
Preliminary examination (※ simultaneously conducted)

③ Prior Notice of Implementation Agreement (Public Opinion Gathering)

④ Private Investment Project Committee Review

• Projects KRW 200 billion or more: City Financial Plan Review → Ministry of Economy and Finance Private Investment Project Review

⑤ City Council Report

⑥ Implementation Agreement Conclusion and Project Operator Designation

Notification of approval within 3 months from application date

City Council consultation on initial fee collection 60 days before post-completion usage fee implementation