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

BEP

Built Environment Professional related enterprises which provide services related but not limited to consulting engineering, architecture and quantity surveying.

Contractor

Construction enterprise involved in the Construction Sector.

Construction Activities

The design, planning, expansion, creation and/or maintenance of fixed assets related to residential or non-residential buildings, infrastructure, or any other form of construction works in South Africa.

Construction Sector

All enterprises that are involved in the design, planning, expansion, creation and/or maintenance of fixed assets related to residential or nonresidential buildings, infrastructure, or any other form of construction works in South Africa. This includes, but is not limited to: residential and nonresidential building contractors, civil engineering contractors and built environment professionals.

Unincorporated Joint Venture

Means a Joint Venture between two or more Measured Entities affected by agreement without incorporation. This is a joint venture normally formed ad-hoc for a specific project, in which two or more parties share the obligations, risks and rewards.

Management

Senior Management Category:

The heads of major functions not represented on the main board and within Senior Top Management and who are responsible for operational decisions.

Middle Management Category:

Middle management reporting to Senior management category, professionally qualified employees and experienced specialists.

Junior Management Category:

The skilled technical & academically qualified employees, junior management reporting to middle management, supervisors, foremen and superintendents.

Mentorship

The process of assisting employees to gain further knowledge, experience and skills; it is an activity that can be successfully used where senior employees develop junior employees within a company to enhance their career development.

Office Based Employees

All staff who are based at the office. Generally this category of staff will be head-office staff in a contracting company. For BEP's it excludes staff that visits construction sites.