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PREFERENTIAL PROCUREMENT POLICY SAMPLE

 

INTRODUCTION

With the emphasis being placed on the empowerment of historically disadvantaged individuals in the economy, The preferential procurement policy was developed to assist you to streamline company expenditure and clearly outline processes and restrictions on procurement with regards to Black Economic Empowerment and Preferential Procurement. This document specifically distinguishes between Black Economic Empowerment (BEE) and Preferential Procurement, as in addition to BEE requirements; preference will also be given to enterprises owned by women, youth and persons with disabilities.

 

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