The Republic of Korea's Defense Acquisition Program Administration (DAPA)published its revised version of the Offset Program Guidelines in December 2021. Key changes made are as follows: Offset ratio (Article 10): Competitive contracts: No less than 50% of the estimated main contract amount (no change) Non-competitive contracts: no less than 30% of the estimated main contract amount (from no less than 10%) Penalty for contract violation (Article 23): 10% of the unfulfilled p