BBBEE Sample Clauses

BBBEE. 19.1. Transnet fully endorses and supports the Broad-Based Black Economic Empowerment Programme and is strongly of the opinion that all South African business enterprises have an equal obligation to redress the imbalances of the past.
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BBBEE. 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 Contractor is required to submit an updated verification certificate and necessary supporting documentation confirming the change in his B-BBEE status to the Employer within thirty days of the notification or as otherwise instructed by the Employer. Where, as a result, the Contractor’s B-BBEE status has decreased since the starting date the Employer may either re-negotiate this contract or alternatively, terminate the Contractor’s obligation to provide the service. Failure by the Contractor to notify the Employer of a change in its B-BBEE status may constitute a reason for termination will be dealt with according to the NEC3 TSC penalty/termination clauses Supplier Development Localisation and Industrialisation (SDL&I) This section will be update with the relevant information of the successful tenderer upon contract award
BBBEE. The BBBEE Documents contain all the material terms of the BBBEE Restructuring and the various “mitigation steps” referred to in the BBBEE Brief Note.
BBBEE. HEADING CRITERIA MAXIMUM POSSIBLE POINTS (80 POINTS) PRICE TENDER AMOUNT / RATES 80 B-BBEE STATUS LEVEL OF CONTRIBUTOR 1 20 2 18 3 14 4 12 5 8 6 6 7 4 8 2 NON – COMPLIANT CONTRIBUTOR 0
BBBEE. 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 Contractor is required to submit an updated verification certificate and necessary supporting documentation confirming the change in his B-BBEE status to the Employer within thirty days of the notification or as otherwise instructed by the Employer. Where, as a result, the Contractor’s B-BBEE status has decreased since the starting date the Employer may either re-negotiate this contract or alternatively, terminate the Contractor’s obligation to provide the service. Failure by the Contractor to notify the Employer of a change in its B-BBEE status may constitute a reason for termination will be dealt with according to the NEC3 TSC penalty/termination clauses EXPENDITURE TO LOCAL TO SOUTH AFRICA Local value Percentage Black Woman Owned Percentage Black Owned Percentage CORPORATE SOCIAL INVESTMENT
BBBEE. Proof of the Contractor’s official and current BBBEE certificate / rating.
BBBEE. Eskom prefers to do business with tenderers that are Black Owned and are B-BBEE Level 1 to 4. Tenderers’ valid B-BBEE certificates shall be evaluated and allocated points in accordance with the B-BBEE Preferential Points Scorecard shown below. Figure 1: Preference Points Scorecard BBBEE Level Number of points (80/20 system) Number of points (90/10 system) 8 2 1 Non-compliant 0 0
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BBBEE. The Contractor shall maintain the Required B-BBEE Recognition Level for the duration of the Agreement. The Contractor shall provide Eskom with a valid Verification Certificate and such other information as Eskom may reasonably request, in respect of which the Contractor claims maintenance for the duration of the Agreement of the Required B-BBEE Recognition Level. 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.
BBBEE. 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 Contractor is required to submit an updated verification certificate and necessary supporting documentation confirming the change in his B-BBEE status to the Employer within thirty days of the notification or as otherwise instructed by the Employer. Where, as a result, the Contractor’s B-BBEE status has decreased since the starting date the Employer may either re-negotiate this contract or alternatively, terminate the Contractor’s obligation to provide the service. Failure by the Contractor to notify the Employer of a change in its B-BBEE status may constitute a reason for termination will be dealt with according to the NEC3 TSC penalty/termination clauses Tenderers will be required to maintain their B-BBEE Recognition Level for the duration of the contract. Skills Development Exposure and skills development to two persons from within the Mechanical field during execution of the work on site. Skill Type Entry Level Exit Level Duration of Training (e.g. Property (e.g. Grade 12, (e.g. Degree, National (e.g. 36 months) management, etc.) National Diploma, Diploma, in service etc.) training/practical, etc.) 2x Fitter & Turners 2x Technicians Job Creation  Job creation is expected for 2 Assistants from the local to Kriel area Tenderers should indicate the number of jobs to be created and / or retained as a direct result of this contract. Number of jobs to be created as a result of this contract Number of jobs to be retained as a result of this contract
BBBEE. Tenderers shall be allocated points in accordance with the Preference Points Scorecard (Figure
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