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

Amended Codes of Good Practice (2017)

Amended Code Series CSC400: Measurement of the Preferential Procurement and Supplier Development Element of Broad-Based Black Economic Empowerment in the Construction Sector

Statement CSC400: The General Principles for Measuring Preferential Procurement and Supplier Development

Annexe CSC400 (D)

 

A: Qualifying Supplier Development Contributions (paragraph 2.3) are measurable on the following basis

 

Where

 

A is the score achieved for the Supplier Development Contributions indicators (paragraph 2.3.1 and 2.3.2) in respect of Qualifying Supplier Development Contributions made by the Measured Entity. in the Preferential Procurement scorecard under statement CSC400 for the Measured Entity;

 

B in the case where the Measured Entity have scored under the ‘Supplier Development Programmes’ indicator (paragraph 2.2), is the annual value of all Qualifying Supplier Development Contributions that have become payable by the Measured Entity during the Measurement Period with respect to the relevant indicator in paragraph 2.3; or

 

B in the case where the Measured Entity fails to score any points under the ‘Supplier Development Programmes’ indicator (paragraph 2.2), is 50% of the annual value of all Qualifying Supplier Development Contributions that have become payable by the Measured Entity during the Measurement Period with respect to the relevant indicator in paragraph 2.3.

 

C is the compliance Target for the Supplier Development Contributions indicators (paragraph 2.3.1 and 2.3.2).

 

D is the Weighting points allocated to the Supplier Development Contributions indicators (paragraphs 2.3.1 and 2.3.2).