Legal / Contract Archives - Page 28 of 37

Consumer Protection Act – don’t underestimate its effect on purchasing and supply

Leave a Comment / Compliance / Legal / Editor

“On April 1, 2011 the scale swung in favour of the consumer…are you ready for that?” Braam Botha, attorney, consultant and former Lecturer at NMMU Business School asked during a recent business seminar. “From the response of the audience, it was clear that the majority of business people were certainly not ready,” Botha told SmartProcurement. […]

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Black Economic Empowerment: How far have we come?

Leave a Comment / BEE, Commentary, Preferential Procurement / Editor

Broad-Based Black Economic Empowerment (B-BBEE) was a form of Economic Empowerment initiated by our government in response to criticism against Narrow Based Empowerment instituted in the country during 2003/2004. While Narrow Based Black Economic Empowerment led to the enrichment of a few black (Black African, Coloured or Indian) individuals, the target of Broad-Based Empowerment was

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Expenditure analysis system now provides BEE scorecard data

Leave a Comment / BEE, Preferential Procurement, Supplier Directories, Supplier Management / Editor

The July 2011 update of its expenditure analysis module now provides data on a supplier’s BEE scorecard, in addition to a consolidated BEE expenditure analysis report, says Procurement information solutions provider Ezee-Dex. “This feature enables companies to analyse B-BBEE expenditure on the spot. Any B-BBEE report you need on a vendor should take no longer

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Why technically compliant supplier proposals are not successful

Leave a Comment / Tender Management / Editor

How is it that a service provider, supplier or vendor can be 100% compliant with a request for proposal (RFP) or request for quotation (RFQ) and still be 100% wrong? Fully understanding a client’s needs is the basis of successful and winning bids, Dr Tom Sant told delegates at recent Conference of the Association of

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PPPFA amended – A big day for B-BBEE

Leave a Comment / BEE, Commentary / Editor

Effective 7 December 2011, government departments will be forced to consider compliance to the Codes of Good Practice when evaluating tenders for government business. The publication of the amended Preferential Procurement Regulations, issued in terms of the Preferential Procurement Policy Framework Act (PPPFA), has been eagerly anticipated following the circulation of draft amendments for public

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Government Contract Management Framework a definitive step forward

Leave a Comment / Contract Management, Public Sector Procurement / Editor

The Contract Management Framework published and distributed by National Treasury is a watershed moment for Procurement practice in the public sector, Rivaj Parbhu, Head of Business Development at Realyst Contract Management, tells SmartProcurement. Parbhu says the framework signals intent within the South African government to take a proactive approach to standardise the management of state

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New companies act – changes to business environment

Leave a Comment / Commentary, Compliance / Legal, News / Editor

May 1, 2011 saw the implementation of the new Companies Act of 2008. The promulgation of this Act brings about several fundamental and important changes to South Africa’s laws regarding legal entities. This article is not a legal opinion and you are advised to consult lawyers or auditors should you need more detailed information. •

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BEE codes do not speak enterprise development

Leave a Comment / BEE, Commentary, Enterprise Development / Editor

The best way for an organisation to become involved in enterprise development is through its own supply chain, said Claudia Manning, MD of development consultancy ECIAfrica and a member of President Jacob Zuma’s BEE advisory council. However, pushing this will take strategic effort from the top leadership of companies, said Manning: the highly concentrated structure

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Cabinet to align treasury procurement regulations with BEE Act.

Leave a Comment / BEE, Commentary, Enterprise Development, Public Sector Procurement / Editor

Cabinet announced in March that it will approve the alignment of the Preferential Procurement Policy Framework Act (PPPFA) and the Broad-Based Black Economic empowerment Act (BEE Act). Public entities follow the regulations of PPPFA to procure goods and services. Alignment of these two Acts will ensure that government departments and municipalities include BEE when awarding

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How can procurement influence suppliers to deliver projects on time, on budget?

Leave a Comment / Change, Legal / Contract, Project Management / Editor

One of procurement’s generic objectives is to achieve the best fit through the procurement of materials of the right quality, in the right quantity, at the right time, at the right price, from the right source. Consequently project managers and procurement professionals are on the forefront to achieve project objectives, Ronald Mlalazi (MCIPS), Eduction Manager

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