CONSTRUCTION
TRANSFORMATION CHARTER
The Construction Sector finalised a Broad Based Black Economic
Empowerment Charter after several years of hard negotiations.
The stakeholders in the sector are proud of this achievement
and as part of the objectives of the charter would like to
make the document operational as soon as possible.
It has been submitted to the DTI as part of the process to finalise
the document as a Section 9 Code of Good Practice in terms
of the Broad Based Black Economic Empowerment Act (53 of 2003).
The process will take a few months to completion. Hence the
Integrated Management Committee (IMC) representing private
sector business, unions and government officials decided to
issue a circular with the following distinct objectives:
| • |
Clarify
issues relating to the application of the charter and
more particularly the scorecard |
| • |
Provide
greater clarity to clients on how the scorecard can be
applied within the requirements of the Preferential Procurement
Policy Framework Act |
| • |
Issue
guidelines relating to specific areas of uncertainty. |
A
circular has been issued to provide guidance and if applied
consistently, will reduce most of the confusion and create
an environment conducive to achieving the goals the sector
set for itself in the charter. Should you have any queries,
please contact either Mr Pierre Blaauw (telephone +27 11 455
1700) or the offices of the Institute.
Click
here to download Circular 1 and Annexures
Click
here to download the Construction Charter |
