Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

Purchase

The following table represents the criteria for deriving a score for preferential procurement under this statement:

Criteria	Weighting Points	Compliance Targets
		Years 0–5	Years 6-10
BEE Procurement Spend from all Suppliers based on the BEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend	25	40%	50%