Examples of B-BBEE in a sentence
An 80/20-point system shall apply where 80 points is allocated for price and 20 points allocated for B-BBEE status level of contributor as follows: B-BBEE status level of contributor Number of points 1 20 3 14 4 12 8 2 Non-compliant contributor 0 Unincorporated Joint Ventures and Consortia will only be allocated B-BBEE points provided they submit their consolidated B-BBEE certificate and that such consolidated B-BBEE certificate is prepared for every separate tender.
RETURNABLE DOCUMENTS TO BE SUBMITTED WITH THE BID: • Original or certified copy of BBBEE certificate, or sworn affidavit confirming annual total revenue and level of black ownership if bidder is an Exempted Micro Enterprise (EME) or Qualified Small Enterprise (QSE); • Certified copies of business registration documents, as issued by CIPC; • Certified copy of identity documents of directors/shareholders/partners/members, as the case may be.
Full name of signatory: ……………………………………………… FORM 2.2.9 SCHEDULE OF PROPOSED SUB-CONTRACTORS NAME OF SUB-CONTRACTOR FULL DESCRIPTION OF WORK TO BE PERFORMED BY SUB- CONTRACTORS NB: It is a Condition of Contract that a minimum of 30% of the construction work shall be subcontracted to QSEs and EMEs as contemplated in the ‘The Broad-Based Black Economic Empowerment Act (No. 53 of 2003) as amended by B-BBEE Act 46 of 2013 (The Act)’.