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BID NOTICE STELLENBOSCH MUNICIPALITY HEREBY INVITES YOU TO TENDER FOR B/SM 24/24 DESIGN, MANUFACTURE, SUPPLY, DELIVERY, AND INSTALLATION OF HIGH VOLTAGE (66KV) CIRCUIT BREAKERS AND 66KV CONTROL PANELS
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Price 80 B-BBEE status refers to a specific category of compliance under the Broad-Based Black Economic Empowerment (B-BBEE) Act in South Africa, focusing on preferential procurement and compliance for designated groups.
All companies and entities seeking to do business with the government or large corporations that require B-BBEE compliance are required to file for price 80 B-BBEE status.
To fill out price 80 B-BBEE status, a company must complete a specified form detailing their B-BBEE contributions, ownership structure, procurement policies, and other relevant indicators, ensuring all supporting documents are attached.
The purpose of price 80 B-BBEE status is to promote economic transformation in South Africa by ensuring that black-owned businesses benefit from procurement opportunities, thereby advancing equity and inclusion.
The reported information includes company ownership details, management control, skills development contributions, enterprise development initiatives, and preferential procurement practices.
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