At Last - Preferential Procurement Regulations 2011
The revised regulations have been enacted and are just as far reaching, if not more, than the draft regulations issued in August 2009:
For a copy please send email to firstname.lastname@example.org
Re: At Last - Preferential Procurement Regulations 2011
Supplier Readiness - - B-BBEE Certificates?
There has been some discussion around the readiness of suppliers to respond to bids issued from 7 December 2011. One argument has been that suppliers will not be ready and that the verification agencies do not have the capacity to verify and supply certificates.
Public Sector companies do not have records on the number of suppliers with B-BBEE certificates and so there is lots of speculation on the topic.
We contacted two private sector suppliers both aho have in excess of 4000 suppliers. Their response to the question: What percentage of suppliers have B-BBEE certificates? In both intances the answer was 100%.
What other perspectives exist?
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