Common use of Transformation Plan Clause in Contracts

Transformation Plan. If the recommended bidder is a level 5 or higher or less than 51% black ownership, SENTECH will request a detailed Transformation plan from the bidder with defined timelines and milestones which must be submitted within 10 working days from the written request failing which Sentech reserves the right to withdraw its appointment of the preferred recommended bidder. The transformation plan will assist the bidder to improve their BBBEE level rating and increase black ownership.

Appears in 7 contracts

Samples: Contract Data, etenders.treasury.gov.za, etenders.treasury.gov.za

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Transformation Plan. If the recommended bidder is a level 5 or higher or less than 5140% black ownership, SENTECH will request a detailed Transformation plan from the bidder with defined timelines and milestones which must be submitted within 10 working days from the written request failing which Sentech reserves the right to withdraw its appointment of the preferred recommended bidder. The transformation plan will assist the bidder to improve their BBBEE level rating and increase black ownership.

Appears in 1 contract

Samples: etenders.treasury.gov.za

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