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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

 

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.