Conforming the Black Economic Empowerment Act (BEE) , this contract includes several clauses for its compliance such as preferential procurement with SMEs or BEE compliant suppliers. Likewise, the contract includes indicators and milestones that should be achieve in different stages of the contract, such as Enterprise Development that is measured by “Enhanced revenue and/or cost savings and/or twining initiatives facilitated for black owned SMMEs, as a percentage of revenue.”
Clauses: 46; 46.2; 46.2.2; 46.2.11; 184.108.40.206 - 220.127.116.11; 46.2.17; 18.104.22.168; 22.214.171.124; 46.3; 46.3.1; 46.4; 46.4.1.
- Small and Medium Enterprises and PPPs
- Examples of policies that incorporate existing operators into new PPPs
- Laws and Regulations on inclusion of SMEs in PPPs
- Bidding documents and Contractual Provisions of SMEs
- Further Reading