Statistics Act, 1999
R 385
Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentCode Series 500: Measurement of the Preferential Procurement Element of Broad-Based Black Economic EmpowermentStatement 500 : The General Principles for Measuring Preferential Procurement2. Preferential Procurement Scorecard |
The following table represents the criteria for deriving a score for Preferential Procurement under this statement:
Criteria |
Weighting points |
Compliance targets |
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Years 0-5 |
Years 6-10 |
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|
12 |
50% |
70% |
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|
3 |
10% |
15% |
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|
5 |
15% |
20% |