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

Amended Codes of Good Practice (2017)

Purchase

1.1	Specify the scorecard for measuring Preferential Procurement, Supplier Development Programmes and Qualifying Supplier Development Contributions for the Construction Sector;

1.2	Specify the key measurement principles applicable to calculating Preferential Procurement, Supplier Development Programmes and Supplier Development Contributions;

1.3	Define the principles applicable when calculating B-BBEE Procurement Spend and Supplier Development Spend; and

1.4	Indicate the formulae for calculating the individual criteria specified in the Preferential Procurement and Supplier Development scorecard.