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

Industry Charters

Construction Sector Charter

Code Series 2800 : Codes of Good Practice for Qualifying Small Enterprises (QSE's)

Statement 2806 : Enterprise Development for QSE's
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7)Statement 2806: Enterprise Development for QSE's

 

a)The QSE Enterprise Development (ED) Scorecard

 

Criteria

Weighting Points

Compliance Target

Average annual value of all Enterprise Development Contributions and Sector Specific Programmes made by the Measured Entity as a percentage of NPAT/Leviable Amount. All aspects of Code 600 are relevant to this indicator.

25

2% of NPAT (Contractor)

0.5% of Leviable Amount (BEP)

 

All relevant principals defined in Code 2600 and Statement 806 apply to Code 2806.