Enterprise Development | Page 68 | SA-Tenders.co.za

The Amended B-BBEE Codes of Good Practice came into effect on 1 May 2015. This means that any business that has a turnover of more than R10 million per annum and that participates in B-BBEE will have to comply with these Amended Codes.

10 ways to do Enterprise Development

Enterprise Development is one of the most current buzz phrases in South Africa at the moment. Everybody from Government to Large Corporates to SMME’s must either perform Enterprise Development or must be the beneficiary of Enterprise Development.

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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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