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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Taxi Industry Sub-Sector Code for B-BBEE

6. Taxi Owners and/or Operators

6.6 Preferential Procurement
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6.6.1Industry commits to:

 

6.6.1.1The following criteria will be used in the evaluation of preferential procurement

 

6.6.1.1.1Percentage of Total Measured Procurement Spend from all suppliers based on the B-BBEE Procurement Recognition Levels; with the target set at 50% of Total Measured Procurement Spend.

 

6.6.2Measurement Principles and Application of the Charter

 

6.6.2.1Measurement principles required in evaluating the preferential procurement contributions made by QSEs within this sector are contained in Statement 805 of Code 800 of the Generic Codes of Good Practice