Issue Date: 
Monday, May 4, 2015

The Amended B-BBEE Codes of Good Practice

By Werner van Rooyen

4 May 2015

www.how2tender.com

On 1 May 2015 the new Amended B-BBEE Codes of Good Practice kicks in. There has been a lot of talk about how the new Amended B-BBEE Codes of Good Practice is going to change the B-BBEE Score Cards of all businesses that do not comply with the Amended Codes. Many businesses will drop considerably in their B-BBEE score should they not prepare well in advance to comply with the new Amended Codes.

But what has changed so much to worry us all? First of all the elements have been reduced from seven to five. This means there will be no employment Equity points to earn on the number of black employees you as business owner employs.

Secondly there are new expressions that have to be mastered - expressions such as Priority Elements and Empowering Supplier. These two new expressions will change the way you think about B-BBEE going forward. In the old days there was no sub-minimum score to achieve but with the Amended Codes you will find that under the Priority Elements you will need to score a sub-minimum to earn recognition for your efforts on these specific elements.

The new Amended Codes seems to favour the expressions black people in stead of black employees that we got use to during the last seven or eight years.

Fortunately it is not all doom and gloom. The turnover thresholds for Exempt Micro Enterprises as well as Qualifying Small Enterprises have increased considerably.

There are many more changes that are coming into effect on 1 May 2015. These Amended Codes will impact heavily on how you are going to do business in future and we suggest that you get as much knowledge as possible on the subject to make informed decisions for your business going forward.

How2Tender.com will be hosting seminars to help you to get a better understanding of the Amended Codes and what it means to you and your business. You can also gain all the knowledge when it comes to tender responses by attending one of our How-to-tender workshops. Please visit our website for more detail at www.how2tender.com.

Happy tendering

Title Closing Date Tender No.
Lease Vehicle 2018-08-10 14:00 CBRTA/HO/0041
Support and Maintenance of the C-BRTA Permit Management System 2018-08-16 14:00 CBRTA/HO/0050
Supply and Delivery of Repair Coupling Cl.16 Upvc 2018-07-23 12:00 B 036/2018/19
To Provider Socio-Economic Impact Assessment (SEIA) for the Operator Compliance Accreditation Scheme 2018-08-15 14:00 CBRTA/HO/0048
Supply and Delivery of Cast Iron Short Collars & CI Saddles 2018-07-23 12:00 B037 /2018/19
Supply, Delivery & Installation of Large Volume Water Storage Tanks to CTICC 1. 2018-08-03 12:00 CTICC 002/2019
Presenter for SAICA’s 2019 and 2020 IFRS Update and the Financial Reporting Update for Executives Seminars 2018-07-31 12:00 SAICA072018
Panel Environmental Professionals for a Period of 36 Months. 2018-08-03 12:00 A043-2017/18
Supply and Delivery of Plumbing Material 2018-07-23 12:00 B038 /2018/19
Presenter for SAICA’s Seminar on the New Leases Standard (IFRS 16 – Leases) 2018-07-31 12:00 SAICA062018
Supply, Lay & Delivery of Slurry Surfacing, Bitume and Emulsions, and Treatment of Road Surfacing Cracks. 2018-08-03 12:00 A054-2017/18
Analysis and Streamlining of CTICC Marketing Collateral 2018-07-27 12:00 RFQ 001/2019
10M3 Tipper Truck 2018-08-07 11:00 MBIZ LM 0007 TIP
Supply and Delivery of Wheelbarrow Concrete with Rubber wheels 2018-07-23 12:00 B041 /2018/19
Management of municipal construction plan. 2018-08-07 11:00 MBIZ LM 003 MMCP
Fuel Tanker Truck. 2018-08-07 12:00 MBIZ LM 0006 FUE
Refurbishment of Relay Room Roofs at Roode, Welgedag, Boekie, Avondsrus, Zesfontein, Slimesdam, Withok and Fuelgridge. 2018-08-07 10:00 RFQ: SIM 18021 CIDB
Provision of Group B hire cars for Outage 223 for Koeberg Operating Unit. 2018-08-07 10:00 KBG1860 & RFP1861
Provision of Driver’s License Learnership Code 10 (C1) 2018-07-24 12:00 12/2018/19
Construction of Lencane to Newtown Access Road. 2018-08-10 11:00 MBH/MIG/0002/2018-19

Pages

Tender adjudication process

The SBD/WCBD6.1 document must form part of all bids invited.  It contains general information and serves as a claim form for preference points for Broad -Based Black Economic Empowerment (B -BBEE) Status Level of Contribution, and explains how tenders or bids are decided.

The document says:

  • The bidder obtaining the highest number of points will be awarded the contract.
  • Preference points shall be calculated after prices have been brought to a comparative basis.
  • Points scored will be rounded off to two decimal places... Read More
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