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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Bus Commuter and Coach Services Sub-Sector Code for B-BBEE

3. The Bus Commuter and Coach Services Sub-Sector B-BBEE Scorecard

3.2 Indicators of empowerment

3.2.5 Preferential Procurement

3.2.5.2 Preferential Procurement measures include the following:

Purchase

3.2.5.2.1

B-BBEE Procurement Spend from all Suppliers – A measured entity will obtain maximum points when the B-BBEE procurement spend from all suppliers based on the B-BBEE procurement recognition levels is equal to or greater than 50% of the total measured procurement spend.

3.2.5.2.2

B-BBEE Procurement Spend from QSEs and Exempted EMEs – A measured entity will obtain maximum points when B-BBEE procurement spend from QSEs and EMEs based on the B-BBEE procurement recognition levels represents 10% or more of the total measured procurement.

3.2.5.2.3

B-BBEE Procurement Spend from Black-owned enterprises: This measures the percentage of the total measured procurement spend with suppliers who are 50% Black owned. A measured entity will achieve maximum points when 9% or more of total measured procurement is spent with Black-owned suppliers.

3.2.5.2.4

B-BBEE Procurement Spend from Black women-owned enterprises: This measure the percentage of the total measured procurement spent with suppliers who are 30% Black women-owned. A company will earn maximum points when 6% or more of total measured procurement is spent with Black women-owned suppliers.

3.2.5.2.5

QSEs within this sub-sector commit to procuring a minimum of 50% of total procurement from B-BBEE compliant suppliers.