Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersInformation and Communication Technology (ICT) CharterICT Sector Code for Black Economic EmpowermentCode Series 500: Measurement of the Preferential Procurement Element of Broad-Based Black Economic EmpowermentStatement 500: The General Principles for Measuring Preferential Procurement1. Objectives of this statement |
The objectives of this statement are to specify:
| 1.1 | The Preferential Procurement scorecard; |
| 1.2 | The key measurement principles applicable to calculating Preferential Procurement contributions to B-BBEE; |
| 1.3 | A basis for the award of an enhanced recognition status to certain categories of Preferential Procurement; |
| 1.4 | Principles applicable when calculating B-BBEE Procurement Spend; and |
| 1.5 | The formula for calculating the individual criteria specified in the Preferential Procurement scorecard. |
