Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesRail Sub-Sector Code for B-BBEE3. Indicators of Empowerment3.6 Preferential Procurement3.6.2 Private Industry Commits to: |
3.6.2.1 | B-BBEE Procurement: The Private Sector commits itself to procure a minimum of 50% of B-BEEE procurement spend based on the Recognition levels (see Appendix B) as a percentage of Total Measured Procurement Spend. |
3.6.2.2 | B-BBEE Procurement-QSEs and EMEs: The Private Sector commits itself to procure a minimum of 10% of all B-BBEE procurement spend from Qualifying Small Enterprises and EMEs. |
3.6.2.3 | Procurement from 50% Black-Owned Enterprises: The Private Sector commits itself to procuring a minimum of 9% of B-BBEE procurement spend from 50% Black-Owned Enterprises. |
3.6.2.4 | Procurement from 30% Black Women-Owned Enterprises: The Private Sector commits itself to procuring a minimum of 6% of B-BBEE procurement spend from 30% Black Women-Owned Enterprises. |
3.6.2.5 | QSEs within this sub-sector commit to procuring a minimum of 50% of total procurement from B-BBEE compliant suppliers. |
3.6.2.6 | Adopt the guidelines on Accounting for Affirmative Procurement that will be set by the Transport Sector BEE Forum/Council. |