BBBEE Status definition

BBBEE Status means the composition, ownership, make up, level and any other criterion of measurement of BBBEE as indicated in the RFT;
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Examples of BBBEE Status in a sentence

  • The tenderer shall submit proof of B-BBEE Status Level of Contributor by submitting a copy of a valid B-BBEE Verification Certificate issued in accordance with the Amended Construction Sector Code published in Notice 931 of 2017 of Government Gazette No. 41287 of 1 December 2017.

  • In addition, the consolidated B-BBEE Status Level Verification Certificate for unincorporated joint ventures shall only be applicable to this project (Tender No. to be indicated on the certificate).

  • A consortium or joint venture (including unincorporated consortia and joint ventures) must submit a consolidated B-BBEE Status Level Verification Certificate.

  • It contains general information and serves as a claim for preference points for Broad-Based Black Economic Empowerment [B-BBEE] Status Level of Contribution.

  • Registered auditors do not need to meet the prerequisite for IRBA’s approval for the purpose of conducting verification and issuing EMEs with B-BBEE Status Level Certificates.

  • It contains general information and serves as a claim form for preference points for Broad-Based Black Economic Empowerment (B-BBEE) Status Level Contribution.

  • The tenderer’s B-BBEE Status Level Verification Certificate must comply with the requirements of Returnable Schedule E and be submitted as an attachment to the returnable schedule.

  • Each MineCo shall, and shall procure that, to the extent applicable to it, each Seller Group Member shall, comply with the Mining Charter and any other applicable Law promoting B-BBEE and all applicable B-BBEE Requirements and shall maintain its B-BBEE Status at all times.

  • For the purpose of this clause “verification Certificate’ means a verification certificate and the accompanying documentary proof confirming the B-BBEE Status of a particular entity as issued by an accredited verification agency.

  • The Preferential Procurement Regulation 2017 pertaining to the Preferential Procurement Policy Framework Act, No. 5 of 2000, and its associated regulations will apply accordingly when awarding points for B-BBEE Status Level of Contribution.