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

Industry Charters

Forest Sector Charter

Tables

Table 1: Scorecard for Medium and Large Forest Enterprises

5. Preferential Procurement
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INDICATORS

WEIGHTINGS (W) & TARGETS (T)

Forest Sector

Sub-sector specific deviations

W

T

W

T
5.Preferential Procurement

20

Years

0-5*

Years

6-10**

All enterprises engaged in contracting schemes
5.1B-BBEE Procurement Spend from all Supplies based on their B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend

12

50%*

70%**

10

 
5.2B-BBEE Procurement Spend from Qualifying Small Enterprises Exempted Micro-Enterprises based on the applicable B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend

3

10%*

15%**

 

 
5.3B-BBEE procurement spend from any of the following Suppliers as a percentage of Total Measured Procurement Spend:

5

15%*

20%**

4

 
5.3.1Suppliers that are 50% black owned (3 out of 5 points); and

 

 

 

 
5.3.2Suppliers that are 30% black women owned (2 out of 5 points)

 

 

 

 
5.4Compliance with Industry Codes of Conduct on contracting in the Forest Sector

 

 

3

Yes