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ENTERPRISE & SUPPLIER DEVELOPMENT

You will increase your B-BBEE Score by contributing towards Enterprise Development and help foster an economy for a black business entrepreneur.

Your contribution as a company can be achieved through:

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  • Monetary Donations.

  • Donation of business goods & services.

  • Participation in a mentor programme.

  • Providing procurement opportunities to businesses.

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According to the Broad Based Black Economic Empowerment Act, companies are required to contribute 3% of Net Profit after Tax (NPAT) towards enterprise development to qualify for the 15 points available in terms of the scorecard.

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Original Procurement is certified as fully compliant with the requirements for the B-BBEE Codes of Good Practice and all relevant criteria therein for the recognition of Enterprise Development Contributions.

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Your donation to Original Procurement will be able to claim 125% of its contributions as Enterprise Development Contributions.
For example, a company donating R10, 000 to Original Procurement will be able to claim R 12, 500 (R 10,000 x 125%) as an Enterprise Development Contribution.

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Any donations of goods or services, which will assist in the operation of my office, development of the clients and expansion of existing operations, are greatly appreciated.

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Overhead costs, which are allocated to supporting the activities of Original Procurement and not directly incurred may be recognized at a benefit factor of 80%. However, with the enhancement factor of 1.25, 100% of the allocated overhead cost may be claimed for scorecard purposes.

CONTACT US

Address: Compliance House, 278 Delphinus Str,

Waterkloof Ridge, Pretoria

Tel: 082 349 1152

© 2015 Original Procurement (Pty) Ltd

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