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

Industry Charters

Forest Sector Charter

Tables

Table 2: Scorecard for Qualifying Small 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

25

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

25

40%*

50%**

20

 
5.2Compliance with Industry Codes of Conduct on contracting in the Forest Sector

 

 

5

Yes