Public Works' Macpherson says govt may need to reconsider tender policy around BEE companies

  • 📰 ewnreporter
  • ⏱ Reading Time:
  • 12 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 51%

Ewn Nachrichten

Ewn News,News,Eyewitness News

Minister of Public Works Dean Macpherson said that this policy, which stipulates that 30% of large contracts must go to small BEE companies, has been exploited by construction mafias.

JOHANNESBURG - Minister of Public Works Dean Macpherson said that government may need to reconsider its tender policy, which stipulates that 30% of large contracts must go to small Black Economic Empowerment companies.The minister spoke on Tuesday at the launch of Infrastructure South Africa's multi-million rand fund, which is aimed at assisting government entities with project preparation.

The 30% rule comes from the Preferential Procurement Policy Framework Act, which mandates that tenders worth over R50 million must be subcontracted to a company owned by a person from a historically disadvantaged group.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 35. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen