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THE

BEECHAMBER

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NEWS

ENHANCEMENTS FOR SUPPLIER DEVELOPMENT BENEFICIARIES


Additional enhancements are available for organisations that procure from EMEs and QSEs with more than 51% ‘Black’ Ownership that are Supplier Development Beneficiaries. Paragraph 3.5 of Statement 400 states:


“If a Measured Entity procures goods and services from a supplier that is:


3.5.1 A recipient of supplier development contributions from a Measured Entity under Code series 400 which has a minimum 3-year contract with the Measured Entity, the recognisable B-BBEE Procurement Spend that can be attributed to that Supplier is multiplied by a factor of 1.2;


3.5.2 A Black-owned QSE or EME which is not a Supplier Development beneficiary but that has a minimum 3-year contract with the Measured Entity, the recognisable B-BBEE Procurement Spend that can be attributed to that Supplier is multiplied by a factor of 1.2; and


3.5.3 A supplier to the Measured Entity that is at least 51% Black-owned or at least 51% Black Woman-owned utilising the Flow Through Principle, the recognisable B-BBEE Procurement Spend that can be attributed to that Supplier is multiplied by a factor of 1.2”.


A reminder, a Supplier Development Beneficiary that elevates from an Enterprise Development Beneficiary allows an organisation to claim the 1 Bonus Point on offer.


Enterprise & Supplier Development Services are available to guide Members on enhancements under Enterprise & Supplier Development.

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