Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2017)Amended Code Series CSC500: Measurement of the Preferential Procurement and Supplier Development Element of Broad-Based Black Economic Empowerment in the Construction SectorStatement CSC500: The General Principles for Measuring the Socio-Economic Development Element4. Evidence to Support Structured SED Projects |
| 4.1 | The following evidence must be provided to support a claim for Structured SED Projects over and above that normally required for Qualifying Socio-Economic Contributions: |
| 4.1.1 | the SED plan signed by the Measured Entity and the beneficiary or third party intermediary; |
| 4.1.2 | Signed confirmation by the beneficiary, or third party through whom the contribution was made, confirming the value of the contribution that became payable during the Measurement Period; |
| 4.1.3 | An annual project impact analysis against targets and milestones and whether or not they were realistic. A negative outcome of the analysis does not disqualify the recognition of the spend. |
