Issue Date: 
Monday, September 8, 2014

The new B-BBEE Codes of Good Practice

By Werner van Rooyen

www.how2tender.com

8 September 2014

If you are a business owner in South Africa and you haven`t heard of Broad-Based Black Economic Empowerment (B-BBEE) or if you haven`t given it some thought you are going to be left behind in the future.

This past week I was studying the new B-BBEE Codes of Good Practices again and I realized that the new Codes of Good Practice are going to change the business landscape forever. The simple reason is because the new Codes of Good Practice is far more stringent than the old Codes.

The importance of the new Codes of Good Practice lies in the fact that all businesses that are currently B-BBEE compliant with a decent B-BBEE Scorecard are going to struggle to maintain the same Level of Score if they do not have some kind of Black Ownership. The opposite will also be true in that Black Owned businesses will find it easy to score points on their B-BBEE Scorecard.

If you look at the table below, it indicates where businesses are going to end up with their B-BBEE Scorecard should they not have some kind of Black Ownership.


*Column 2 is if you achieve the same points that you have scored previously.
**Most Enterprises will not achieve the same points because of the Priority Elements.

The fact of the matter is that your business will need a good B-BBEE Scorecard to compete in the tender process. I will suggest that you start planning now to ensure that you achieve at least some kind of decent B-BBEE Scorecard to stay competitive when you respond to tenders.

In the new Codes of Good Practice, Qualifying Small Enterprises (QSE`s) must also comply with all the elements of B-BBEE. This is a far cry from the old Codes where QSE`s only had to comply with four of the seven elements. QSE`s make up the bulk of businesses in South Africa and I predict that there are going to be a bit of a flutter by QSE`s to comply with the new Codes of Good Practice.

Don`t get left behind!

Visit our website at www.how2tender.com for more information or buy our Tender Manual. Until next time, happy tendering.

Title Closing Date Tender No.
Provision of Professional Engineering Services in Respect of Decommissioning the Radnor Landfill Site. 2019-02-19 10:00 218C/2018/19
Supply and delivery of mill liners -reissue 2019-02-25 09:00 MPGXC005365R1
ICT Infrastructure Services 2019-01-25 14:00 TCTA/2018/IT/ICT INFRASTRUCTURE/024
Construction of Civil Engineering Services - Macassar Housing Project 2019-02-26 10:00 234Q/2018/19
Tender for the purchase, development and management of industrial park on Erven 804, 806, 807, 809, 39202, 39203, 39204, 39207, 39208, 39209, 39210, 39211, 39212, 39213, 39215, 39216, 39217, 39218, 39219, 39220, 45089, 51104, 51105, zoned general industrial 2 except for Erf 45089 which has a general business 4 zoning, bound by Spine Road (South) and, Phumakani Road (West) and Railway Line (East), Khayalitsha 2019-03-11 10:00 219P/2018/19
Provision of Banking Services for a period of five (05) years 2019-03-15 12:00 75 of 2018
Hire of Refuse Truck for a period of 3 years 2019-03-29 12:00 MPO/03/2019
Re-advert for auditing of animal pounds in Elundini Local Municipality 2019-01-22 12:00 ELM-5/006/2018-2019
Facilitation of strategic planning session for budget and treasury / finance section 2019-01-21 12:00 ELM-2/027/2018-2019
Appointment for a service provider for VAT recovery services for a period of three years 2019-02-11 11:00 PSJLM-BTO-2018/19-15
Disconnection, reconnection and inspection/audit of electrical services for a period of three (3) years 2019-02-11 12:00 T01/2019
Supply, installation of wireless internet and wireless access 2019-01-18 11:00 290653
Consulting engineering services for the contract administration for the construction of a pedestrian bridge in Touwsriver. 2019-01-23 11:00 291491
Appointment of a Professional Engineering Service Provider to Carry out the Project Management scope for various Electricity Bulk Infrastructure Projects within KSDLM 2019-02-11 12:00 038/2018/19
Appointment for (02) Electrical Contractors for Electrification of 193 infill Connections in Maiden Farm Township with a CIDB Grading of 4 EP or Higher 2019-02-11 12:00 036/2018/19
Appointment for (02) Electrical Contractors for Electrification of 193 infill Connections in Hillcrest Township with a CIDB Grading of 4 EP or Higher 2019-02-12 12:00 037/2018/19
Bid Specification for Appointment of a Programme Support Unit (PSU) for a three (3) year period to assist the Provincial Department of Education in various aspects of the management of its infrastructure programme. 2019-02-22 11:00 SCMU6-18/19-0007
Supply and Delivery of suction pipes - Honeysucker 2019-01-18 12:00 B424/2018/19
All prospective bidders are hereby invited to submit quotations for accommodation: bed, dinner, breakfast & conference package, supply chain management as specification appear below 2019-01-22 12:00 RFQFIN/01/2018/19
Development of an Implementation Plan and Budget for a Multi-Year History Festival in Plettenberg Bay 2019-01-18 13:00 SCM/RFQ/2019/042/EDP

Pages

Two types of Joint Ventures and Joint Venture agreements 

By W van Rooyen

www.howtotender.co.za

The structure of the joint venture should set out the nature of your partnership. There are two main types of agreements:

  1. If the joint venture is a business in its own right, it will be an incorporated joint venture. This type is not... Read More
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