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

Amended Codes of Good Practice (2017)

Code Series CSC600: The Construction Sector Qualifying Small Enterprise Scorecard

Statement CSC604: Prerferential Procurement and Supplier Development for QSE

Purchase cart Previous page Return to chapter overview Next page

 

1.        THE QSE Prerferential Procurement and Supplier Development Scorecard

 

The following table represents the criteria used for deriving a score for Skills Development under this statement for Contractors and BEP’s in the Construction Sector. W = weighting points, T = target

 

Criteria

W

T

1.PREFERENTIAL PROCUREMENT

1.1  

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

13

60%

1.2  

B-BBEE Procurement Spend from Empowering Suppliers that are at least 51% Black Owned based on the B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend

5

17.5%

1.3

B-BBEE Procurement Spend from Empowering Suppliers that are at least 35% Black Women Owned based on the B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend

4

7.5%

2.  SUPPLIER DEVELOPMENT CONTRIBUTIONS

2.1  

Annual value of all Qualifying Supplier Development Contributions made by the Measured Entity as a percentage of the Target.

7

1% of NPAT

TOTAL

29

 

 

2. KEY MEASUREMENT PRINCIPLES

 

2.1 The key measurement principles, sub-minimum requirements and benefit factor matrix under Statement CSC400 are applicable to this statement.
2.2 Any interpretation or calculation of a QSE’s score for ‘Preferential Procurement’ and ‘Supplier Development Contributions’ must be made in accordance with statement CSC400.