QSE definition

QSE means a qualifying small business enterprise in terms of a code of good practice on black economic empowerment issued in terms of section 9 (1) of the Broad-Based Black Economic Empowerment Act; (j) “rand value” means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;
QSE means a qualifying small business enterprise in terms of a code of good practice on black economic empowerment issued in terms of section 9 (1) of the Broad-Based Black Economic Empowerment Act;
QSE means a qualifying small business enterprise in terms of a code of good practice on black economic empowerment issued in terms of section 9 (1) of the Broad-Based Black Economic Empowerment Act; (j) “rand value” means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes; 3. POINTS AWARDED FOR PRICE3.1 THE 80/20 OR 90/10 PREFERENCE POINT SYSTEMSA maximum of 80 or 90 points is allocated for price on the following basis:80/20 or 90/10 Ps 801 Pt  P min  orPs  901Pt  P min  P min   P min Where Ps=Points scored for price of bid under considerationPt=Price of bid under considerationPmin=Price of lowest acceptable bid

Examples of QSE in a sentence

  • Only tenderers who are B-BBEE status level 1 to 4 contributors and are Exempted Micro Enterprises (EME) or Qualifying Small Enterprises (QSE) are prequalified to submit tender offers in accordance with the provisions of the Preferential Procurement Regulations 2017.


More Definitions of QSE

QSE means a Qualifying Small Enterprise as defines by Codes of Good Practice issued in terms of section 9 (1) of the Broad-Based Black Economic Empowerment Act, 2003 ( Act No. 53 of 2003);
QSE means a Qualifying Small EEnterprise as defines by Codes of Good Practice under section 9 (1) of the Broad-Based Black Economic Empowerment Act, 2003 ( Act No. 53 of 2003);
QSE means a Qualifying Small EEnterprise in terms of a Codes of Good Practice under section 9 (1) of the Broad-Based Black Economic Empowerment Act, 2003 ( Act No. 53 of 2003);
QSE means a Qualifying Small EEnterprise as defines by Codes of Good Practice under section 9
QSE means a qualifying small business enterprise in terms of a code of good practice on black economic empowerment issued in terms of section 9 (1) of the Broad-Based Black Economic Empowerment Act; (j) “rand value” means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes; POINTS AWARDED FOR PRICETHE 80/20 OR 90/10 PREFERENCE POINT SYSTEMSA maximum of 80 points is allocated for price on the following basis:80/20 Ps = 80 1 Pt PminPmin Where Ps=Points scored for price of bid under considerationPt=Price of bid under considerationPmin = Price of lowest acceptable bidPOINTS AWARDED FOR B-BBEE STATUS LEVEL OF CONTRIBUTOR
QSE means a qualifying small business enterprise in terms of a code of good practice on black economic empowerment issued in terms of section 9 (1) of the Broad-Based Black Economic Empowerment Act;(j) “rand value” means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes; 3. POINTS AWARDED FOR PRICE3.1 THE 80/20 PREFERENCE POINT SYSTEMSA maximum of 80 points is allocated for price on the following basis: 80/20 Ps   Pt  P min   Pt  P min  Where801 P min Ps  901 orP min Ps = Points scored for price of bid under consideration Pt = Price of bid under considerationPmin = Price of lowest acceptable bid