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“centerpoint bee solutions specialises in B-BBEE Transformation Services”
centerpoint bee solutions are experienced in B-BBEE Transformation Services since the inception of the Embargoed Codes of Good Practice’s B-BBEE Act 2003 (Act No 53 of 2003) and developed our interest in this historic development of the economy of South Africa.
With our extensive knowledge of the Codes of Good Practice we are able to guide you to implement best practice policies towards obtaining a good understanding of the B-BBEE strategy when it comes to implementing B-BBEE in to your business.
We have since developed unique products to assist you in achieving B-BBEE compliance and implement B-BBEE transformation in your business by assisting you to empower your employees and ensure the future success of your business.
BEE Supplier Verification
centerpoint bee solutions believe that the entire supply chain of every Enterprise needs to have a common understanding of the transformation imperative. A Measured Enterprise's capacity to significantly alter their future spending with preferred suppliers should not be limited by the lack of information on the BEE status of their suppliers. If an Enterprise plans on procuring a minimum of 50% of their purchases from BEE Empowered suppliers in the next financial year their Preferential Scorecard points might help them to achieve adequate points in moving up a level or two on their scorecard. All companies should be in the process of developing robust preferential procurement processes that could influence both the purchasing behaviour of the company, as well as the understanding of their suppliers from a transformation perspective.
Code Series 500 of the Codes of Good Practice
The measurement of Preferential Procurement centerpoint bee solutions holds the key to the successful implementation of Code Series 500 of the Codes of Good Practice towards the next B-BBEE rating of your company, by obtaining the necessary information of your suppliers to enable your company to score the maximum weighting points. This is how your enterprise will benefit from the expertise of centerpoint bee solutions
centerpoint bee solutions obtain specified information from your BEE Empowered suppliers to benefit your company’s B-BBEE scorecard level of compliance
The Codes stipulate as follows
B-BBEE Procurement from Generic Enterprises (turnover >R35m)
Compliance target is set at 50% of total procurement spend for the first 5 years of the Codes thereafter the compliance target will be 70%; we are already in the first year of the Codes.
B-BEE Procurement from QSE’s & EME’s (turnover between R5m and R35m, EME's <R5m))
Compliance target is set at 10% of total procurement spend for the first 5 years of the Codes there after the compliance target will be 15%; we are already in the first year of the Codes.
B-BBEE Procurement from 50% BO & 30% BWO Enterprises
Compliance target is set at 15% of total procurement spend for the first 5 years of the Codes there after the compliance target will be 20%; we are already in the first year of the Codes.
Tenders
Your B-BBEE scorecard will form part of the evaluation criteria on all Government and Public Entity tenders. Maximum points can be earned by a tendering party based on their B-BBEE scorecard which forms part of the Preferential Procurement Act formula. If the score on your scorecard is below 30 points you are a non-compliant contributor to B-BBEE. This implies that by law you are not entitled to supply a product or a service to the fore mentioned entities.
Improve your scores in order to win tenders; the best way to go is get higher scores on your Preferential Procurement Scorecard.
centerpoint bee solutions will assist you in this process of obtaining ALL the information of your suppliers to enhance your scores.
By enhancing the Procurement Score of your B-BBEE rating through supplier verification, your company stands a #1 chance of winning tenders and stay one step ahead of your competitors
centerpoint bee solutions is a valuable business partner saving your company time and securing your employee’s productivity
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