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.
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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