Tokyo Metropolitan Government Addresses Errors in Contract Pricing
Tokyo, Japan – September 1, 2025 – The Tokyo Metropolitan Government has issued a statement today addressing recent errors discovered in the calculation of projected prices for various contract procurements. The announcement, published on the official Tokyo Metropolitan Government website, outlines the circumstances surrounding these discrepancies and the measures being taken to rectify the situation.
The statement, titled “Contract Affairs: Regarding Errors in Projected Prices,” was released on September 1, 2025, at 00:52 JST. It details that during a review of recent contract operations, it was found that in several instances, the projected prices set for procurement contracts contained calculation errors. While the precise number and nature of these contracts are still under comprehensive review, the government acknowledges the seriousness of such oversights and is committed to transparency and accountability.
These errors in projected pricing can potentially impact the fairness and efficiency of the public procurement process. The Tokyo Metropolitan Government is undertaking a thorough investigation to identify all affected contracts and the extent of the errors. This process will involve a detailed examination of the methodologies and data used in the original price estimations.
In response to this discovery, the government is reinforcing its commitment to rigorous internal controls and procedural improvements. The aim is to prevent similar occurrences in the future and ensure that all public funds are managed with the utmost care and accuracy. Specific corrective actions are being considered, which may include revising the incorrect projected prices, re-evaluating the procurement processes, and potentially re-issuing tenders where necessary.
The Tokyo Metropolitan Government expresses its sincere apologies for any inconvenience or concern these errors may have caused to businesses and stakeholders involved in public procurement. The administration emphasizes its dedication to upholding the principles of fair competition and sound financial management in all its operations. Further updates on the progress of the investigation and the implemented corrective measures will be provided as they become available.
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東京都 published ‘契約事務における予定価格の誤りについて’ at 2025-09-01 00:52. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.