Protection of Businesses Act, 1978
R 385
Construction Industry Development Board Act, 2000 (Act No. 38 of 2000)Chapter Four : Register of Projects23. Best practice project assessment scheme |
| (1) | The Board must, within a reasonable period after the establishment of the register of projects, establish a best practice project assessment scheme, based on the best practices identified by the Board in terms of section 5. |
| (2) | After a date determined by the Minister in the Gazette all construction contracts above a prescribed tender value are subject to an assessment, in the prescribed manner, of compliance with best practice standards and guidelines published by the Board in the Gazette, and different dates may be determined for different practices. |
| (3) | Every client who engages in the best practice project assessment scheme must pay to the Board a prescribed percentage of the contract sum as determined at the time of the awarding of the contract. |
