Dear valued client,
There is one major departure from the 2011 Preferential Procurement Regulations, in that the 80/20 principle (80 points for price, 20 points for B-BBEE level) now applies to any tender under R100m, whereas this principle applied to any tender under R1m in the 2011 Regulations. This points to a far greater focus on the B-BBEE level for those entities tendering up to R100 million.
You are encouraged to review the Draft Regulations, and submit any comments to Treasury as you see fit.
The Empowerdex Team