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Preferential Procurement and Black Broad-based BEE Assignment
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Assignment Task
Question 1
1. Why is Procurement the driving force of Broad-based BEE?
2. Explain what procurement mean in terms of Broad-based BEE?
3. There are different categories in the procurement score scared explain each of them and what is meant by the sub-minimum?
4. If a company import good from outside South Africa, how does that effect procurement?
5. Using the Enterprise development matrix give 4 example what companies can do to get points?
6. Does Government have to comply with BBBEE and report on it and if so why and what are the requirements?
7. Besides the BEE recognition level what other option are there for a company to increase actual spend to BEE Spent?
8. How does the tax act effect the procurement calculation?
9. In order to do a verification on Enterprise and supplier development what documents will be required and why for each category?
10. You are the responsible for BEE in your company. Your NPAT is projected to be R 2 850 000. Propose 3 possible Social Economic Development to the board. Show all calculation.
Question 2
1. An extract from the financials of MAX Consulting for Feb 2021 Show the following amounts:
|
Turnover |
R 51 000 000.00 |
|
Cost of sales |
R 17 500 000.00 |
|
Operational Expenditure |
R 15 000 000.00 |
|
Capital Expenditure |
R 175 000.00 |
|
Depreciation |
R 300 000.00 |
|
Imported goods – requirements met |
R 2 200 000.00 |
|
Salaries |
R 3 400 000.00 |
|
Provision for bad debts |
R 1 050 000.00 |
|
Cleaning |
R 150 000.00 |
|
Printing and stationery |
R 200 000.00 |
|
Training |
R 350 000.00 |
|
Repairs and maintenance |
R 880 000.00 |
|
Computer expenses |
R 160 000.00 |
|
Water and Electricity |
R 600 000.00 |
|
Work out the TMPS (13 marks) |
|
2. A list of their suppliers and the BEE credentials are as follows:
|
Supplier |
Scorecard Applied |
% Black Owned |
Actual Spend |
Bee Level |
Empowering Supplier |
Sd Beneficiary With 3 Year Contract |
|
A |
Generic |
20% |
6 000 000 |
7 |
YES |
NO |
|
B |
QSE |
100% (0% Black women) |
2 500 000 |
1 |
YES |
YES |
|
C |
Generic |
30% Black women |
680 000 |
8 |
YES |
NO |
|
D |
QSE |
50% (0% Black women) |
2 500 000 |
6 |
NO |
NO |
|
E |
EME |
0% |
950 000 |
4 |
NO |
NO |
|
F |
QSE |
51% Black, 30% Black women |
2 700 500 |
2 |
NO |
NO |
|
G |
Generic |
0% |
1 680 000 |
7 |
NO |
NO |
|
H |
EME |
0% |
197 000 |
4 |
YES |
NO |
|
I |
Generic |
25% |
550 000 |
3 |
No |
NO |
|
J |
Generic |
0% |
480 000 |
6 |
No |
NO |
Work out the BEE Spend
3. Provide the score card for Preferential Procurement.
4. What advice would you give MAX Consulting to get more points under Preferential Procurement.
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