Common use of BBBEE and preferencing scheme Clause in Contracts

BBBEE and preferencing scheme. Where a change in the Contractor’s legal status, ownership or any other change to his business composition or business dealings results in a change to the Contractor’s B-BBEE status, the Contractor notifies the Employer within seven days of the change

BBBEE and preferencing scheme. Where a change in the Contractor’s legal status, ownership or any other change to his business composition or business dealings results in a change to the Contractor’s B-BBEE status, the Contractor notifies the Employer within seven days of the change. The Employer reserve the right to terminate the contract if the Contractor status change to

BBBEE and preferencing scheme. Where a change in the Contractor’s legal status, ownership or any other change to his business composition or business dealings results in a change to the Contractor’s B-BBEE status, the Contractor notifies the Employer within seven days of the changechange The SD&L undertaking is attached on this contract.