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

Codes of Good Practice on Black Economic Empowerment

Code Series 500: Measurement of the Preferential Procurement Element of Broad-Based Black Economic Empowerment

Statement 500 : The General Principles for Measuring Preferential Procurement

Introduction
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Issued under section 9 of the Broad-Based Black Economic Empowerment Act of 2003

 

Arrangement of this statement

 

Para

Subject

1

Objectives of this statement

2

Preferential Procurement Scorecard

3

Key Measurement Principles

4

Black Owned Professional Service Providers and Entrepreneurs

5

Total Measured Procurement Spend

6

Exclusions from Total Measured Procurement Spend

7

Measurement of B-BBEE Procurement Spend

8

The Calculation of Preferential Procurement Contributions to B-BBEE

9

Annexe 500(A)