Allow us to demystify the Broad-Based Black Economic Empowerment policy and advise on how you can become BEE compliant.
We will consult with you and advise you on the topic and prepare you for your B-BBEE certification.
VCA also works closely with a few very carefully selected verification agencies which we can refer you to, to make the verification process smooth and painless.
VCA is able to assist with:
- B-BBEE Consulting: Consulting on your current level of Ownership, Management Control, Skills Development, Socio Economic Enterprise and Supplier Development. Advising on different strategies to ensure you receive the maximum points possible.
- B-BBEE Verification & File: We assist with the preparation of a B-BBEE file containing all documentation needed for verification and check these documents to ensure compliance. We can also source your supplier’s B-BBEE certificateficates for the Enterprise and Supplier Development.
- B-BBEE Compliance: Our consultants further assist your organisation with a B-BBEE Affidavit and Confirmation Certificate, as well as Non-Compliance Certificate
Let VCA help you with your B-BBEE Rating
- BEE consultants will assist with the preparation of your file prior to verification, to ensure that obtaining a B-BBEE rating is painless and easy.
- We shall assist you with understanding your current strategy in light of B-BBEE status requirements.
- We will assist you with understanding where you are and where you would like to be, as a company, and how you need to get there in terms of obtaining a desirable B-BBEE Scorecard
Broad-Based Black Economic Empowerment Scorecard: Turnover above R50 million
Generic Scorecard
Element:
- Ownership = 25 points
- Management Control = 19 points
- Skills Development = 25 points
- Enterprise and Supplier Development = 44 points
- Socio-Economic Delelopment = 5 points
PROCUREMENT RECOGNITION LEVELS
| B-BBEE Status | Qualification | Procurement Level |
| Level 1 | > 100 points | 135% |
| Level 2 | >95 but <100 pts | 125% |
| Level 3 | >90 but <95 pts | 110% |
| Level 4 | >80 but <90 pts | 100% |
| Level 5 | >75 but <80 pts | 80% |
| Level 6 | >70 but <75 pts | 60% |
| Level 7 | >55 but <70 pts | 50% |
| Level 8 | >40 but <55 pts | 10% |
| Non-Compliant | >40 points | 0% |
Broad-Based Black Economic Empowerment Scorecard: Turnover between R10 million and R50 million
QSE Scorecard
Element:
- Ownership = 25 points
- Management Control = 15 points
- Skills Development = 30 points
- Enterprise and Supplier Development = 33 points
- Socio-Economic Development = 5 points
Our cost breakdown is as follows:
B – BBEE Verification preparation – R7 290 excl vat
B – BBEE QSE Strategy – 12-month retainer – R3 240 p/m
B – BBEE Generic Strategy – 12-month retainer – R3 780 p/m
B – BBEE Gap Reports – R2 160 excl vat
B – BBEE Non – Compliance certificate – R6 500 excl vat
B-BBEE Affidavit – R 410.00 excl vat