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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Rail Sub-Sector Code for B-BBEE

3. Indicators of Empowerment

3.6 Preferential Procurement

3.6.2 Private Industry Commits to:
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3.6.2.1B-BBEE Procurement: The Private Sector commits itself to procure a minimum of 50% of B-BEEE procurement spend based on the Recognition levels (see Appendix B) as a percentage of Total Measured Procurement Spend.

 

3.6.2.2B-BBEE Procurement-QSEs and EMEs: The Private Sector commits itself to procure a minimum of 10% of all B-BBEE  procurement spend from Qualifying Small Enterprises and EMEs.

 

3.6.2.3Procurement from 50% Black-Owned  Enterprises:  The  Private Sector commits itself to procuring a minimum of 9% of B-BBEE procurement spend from 50% Black-Owned Enterprises.

 

3.6.2.4Procurement from 30%  Black Women-Owned Enterprises: The Private Sector commits itself to procuring a minimum of 6% of B-BBEE procurement spend from 30% Black Women-Owned  Enterprises.

 

3.6.2.5QSEs within this sub-sector commit to procuring a minimum of 50% of total procurement from B-BBEE compliant suppliers.

 

3.6.2.6Adopt the guidelines on Accounting for Affirmative Procurement that will be set by the Transport Sector BEE Forum/Council.