Submitted by Johan on Fri, 08/14/2015 - 09:18
As conveyed in the previous news brief the Minister of Finance published a draft for 60 days comment in July 2015 on state tenders in PREFERENTIAL PROCUREMENT REGULATIONS, 2015.
It addresses amongst others the following:
-The 90/10 preference point system for acquisition of goods, works and/or services with a Rand value of above R50m. (Meaning that the decision will be made 90% on price and 10% based on your B-BBEE score)