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

Amended Codes of Good Practice (2013)

Amended Code Series 400: Measurement of the Enterprise and Supplier Development Element of Broad-Based Black Economic Empowerment

Statement 400: The General Principles for Measuring Enterprise and Supplier Development

2. Enterprise and Supplier Development Scorecard
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The following table represents the criteria for deriving a score for Enterprise and Supplier Development under this statement.

 

Criteria

Weighting points

Compliance targets

2.1                    PREFERENTIAL PROCUREMENT

2.1.1      B-BBEE Procurement Spend from all Empowering Suppliers based on the B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend

5

80%

2.1.2      B-BBEE Procurement Spend from all Empowering Suppliers that are Qualifying Small Enterprises based on the applicable B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend

3

15%

2.1.3      B-BBEE Procurement Spend from all Exempted Micro-Enterprises based on the applicable B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend

4

15%

2.1.4      B-BBEE Procurement Spend from Empowering Suppliers that are at least 51% black owned based on the applicable B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend

9

40%

2.1.5      B-BBEE Procurement Spend from Empowering Suppliers that are at least 30% black women owned based on the applicable B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend

4

12%

Bonus points

B-BBEE Procurement Spend from Designated Group Suppliers that are at least 51% Black owned

2

2%

2.2         SUPPLIER DEVELOPMENT

2.2.1      Annual value of all Supplier Development Contributions made by the Measured Entity as a percentage of the target

10

2% of NPAT

2.2          ENTERPRISE DEVELOPMENT

2.3.1      Annual value of Enterprise Development Contributions and Sector Specific Programmes made by the Measured Entity as a percentage of the target.

5

1% of NPAT

2.4          Bonus Points

2.4.1      Bonus point for graduation of one or more Enterprise Development beneficiaries to graduate to the Supplier Development level.

1

2.4.2      Bonus point for creating one or more jobs directly as a result of Supplier Development and Enterprise Development initiatives by the Measured Entity

1