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THE

BEECHAMBER

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NEWS

CONDITIONS ATTACHED TO BENEFICIARY DELIVERABLES


More often than not when organisations enter into a relationship with an Enterprise Development or Supplier Development Beneficiary, it wants a guarantee that their investment will be successful. Hence, many choose to incorporate accountability clauses to secure their investment. However, clause 4.12 in statement 400 of the Generic Codes states:


"4.12 Measured Entities are encouraged to develop and implement an Enterprise Development plan and Supplier Development plan for Qualifying Beneficiaries. The plan should include:


4.12.1 Clear Objectives;

4.12.2 Priority Interventions;

4.12.3 Key Performance indicators; and

4.12.4 A concise implementation plan with clearly articulated milestones".


Placing accountability conditions on Beneficiaries may be punitive without taking into account all factors in clause 4.12.


Enterprise & Supplier Development Services are available to guide members on the implementation of sustainable Enterprise & Supplier Development Initiatives.

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