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THE

BEECHAMBER

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NEWS

BONUS POINTS BASED ON TIMING


Enterprise Development and Supplier Development were designed to complement one another. Under the General Amended B-BBEE Codes of Good Practice, the aim is for an organisation to develop a Beneficiary through Enterprise Development, then procure a good or service from them, and then elevate them to a Supplier Development Beneficiary. Bonus Points are available for such a successful elevation.

 

To achieve the Bonus Points on offer, organisations must ensure that all these sub-elements are claimed in the same Measurement Period.

 

Technical Compliance Services are available to help members determine how to claim these Bonus Points.

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