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

Industry Charters

Information and Communication Technology (ICT) Charter

ICT Sector Code for 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

2. Preferential Procurement Scorecard
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The following table represents the criteria for deriving a score for Preferential Procurement under this statement:

 

Criteria

Weighting points

Compliance targets

2.1.1

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

12

70%

2.1.2

B-BBEE Procurement Spend from Qualifying Small Enterprises or Exempted Micro-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 any of the following Suppliers as a percentage of Total Measured Procurement Spend:

5

20%

2.1.3.1

Suppliers that are 50% black owned (3 out of 5 points); or


2.1.3.2

Suppliers that are 30% black women owned (2 out of 5 points)

2.1.4

Publish and implement favourable payment terms for black-owned, black-empowered and black engendered SMMEs of less than or equal to 15 days

3 (bonus)

2.1.5

Bonus points allocated up to a maximum of 2 points for B-BBEE spend from enterprises referred to in 2.1.3 above that include people with disabilities who have minimum of 5% equity participation

2 (bonus)

2.1.6

A bonus point shall be awarded for every 5% of the 70% target spent with entities referred to in 2.1.3 above

1 (bonus)