Item | Prize | Remarks |
---|---|---|
Step 2 Advancement (2 Teams) |
KRW40,000,000 (Each) (Approx. USD 27,390) | Design Development Fee |
Final Awardee (1Team) |
KRW 70,000,000 (Approx. USD 47,940) |
Detailed Design Fee (Includes costs for structural review, regulatory approvals, and design supervision during construction) |
※ All payments will be made in Korean Won (KRW) as indicated in the table above. The U.S. dollar (USD) equivalents shown are for reference only and are based on an exchange rate of USD 1 = KRW 1,460. The final applicable exchange rate shall be determined on the actual date of payment, based on the rate announced by KEB Hana Bank.
※ The prize amounts indicated above are inclusive of all applicable taxes in the Republic of Korea, as well as any associated fees and charges (e.g. international wire transfer fees). For the final awardee, the total amount includes costs related to detailed design, structural review, regulatory approvals, and design supervision during construction.