Your BEE rating is the B-BBEE status level you achieve after the verification process. This ranges from a BEE Level 8 (with 10% procurement recognition) through to Level 1 (with 135% procurement recognition).
FAQ
B-BBEE verification is an independent audit process where we at DVS assist you to certify and authenticate your B-BBEE status and procurement recognition level.
Your BEE certificate is valid for 1 year from the date of issue.
Yes, DVS can definitely assist you with the renewal of your BEE certificate. Contact our office and one of our experts will forward a list of documents that we need from you. You will have to follow the whole verification process every year if you would like to keep your B-BBEE status.
Broad-Based Black Economic Empowerment. This was initiated by the South African government in 2003 and the aim of this initiative was to level the playing field in the economy for the previous disadvantaged society.
B-BBEE verification is an independent audit procedure where we at DVS assist you to certify and authenticate your B-BBEE status and recognition level.
Points that you need to look at for your company’s BEE score / rating / level improvement:
- The percentage of black ownership.
- Management control – number of black directors and managers in your company.
- Procurement – does your suppliers have good BEE scores?
- Supplier and Enterprise development – Assistance of black owned enterprises and suppliers .
- The up-skilling and employment of disabled black candidates
- Training and development of you black employees and unemployed learners.
Before the audit can be done, we at DVS need the following information and documentation from your company. This information will determine which scorecard you will be evaluated on. In short you can start to compile the following information for these different categories:
- Ownership of your business; who are the shareholders? Their names, gender, nationality, % shareholding.
- Management and Employment Equity; list of the directors and all the employees. Their names, gender, nationality, status of disability and job category.
- Skills Development; training received by the employees. Their names, type and description of training provided and expenses of the training.
- Preferential Procurement; a list of all your suppliers for the past year with their BEE status and expenditure per supplier.
- Enterprise Development; the names of all the Small and Medium sized (at least 51% black owned) Enterprises (SME) that you assisted the past year, their ownership status, BEE status and the type of contribution made.
- Socio-economic development; list of all the charities that your business made contribution to in the past year; the amount contributed or the type of contribution and their % of black beneficiaries.
Click here to download our application form, once we have received your completed application form we will forward you a detailed B-BBEE scorecard verification checklist of all the documents that we require from you for the audit.
Companies will do business with your company if you are BEE compliant for the main reason that it will boost their own score under the Preferential Procurement element on the BEE Scorecard. You are not forced in any way to have a BEE Certificate but you might lose out on business if you don’t have one and you will not be able to tender in the public sector and will not be able to receive state funding.
A BEE certificate is a requirement for all government tenders.
Often your contractors and clients require your BEE certificate as this impacts their BEE level through the procurement recognition process.
The cost of a BEE certificate (on completion of the verification) depends on the annual turnover and size of your business. Complete the application form for an obligation free quote.
A BEE consultant will assist your company to become BEE compliant or increase your BEE score during the consultation process. This will involve a snapshot of your current score and advice on the implementation of initiatives such as the training of black learners or assistance to black suppliers to increase your BEE score.
B-BBEE verification is the audit process of the BEE initiatives you implemented. During the verification process the analyst will review your verification file and decide on the points to be awarded. This will determine your BEE status and procurement recognition level.
- An Exempted Micro Enterprise (EME) is a company that has been in operation for less than 1 year (a start-up company) or have a total annual revenue of less than R10 million.
- A Qualifying Small Enterprise (QSE) is a company with a total annual revenue between R10 million and R50 million.
Note that some sub-sectors such as Transport and Tourism have different turnover levels for EMEs and QSEs.
At DVS we offer efficient, reliable and cost effective BEE verification services. We carry out the BEE Verification Audit in line with the current BEE Code of Good Practice and SANAS requirements. We don’t just offer our services for BEE verification in Pretoria, we can assist you with BEE certifications in Gauteng, North West and anywhere in South Africa. We have been involved in BEE Verification audits under IRBA since 2010 and have highly qualified staff to assist you with the BEE Verification process.
SANAS (South African National Accreditation System) is the only national recognised accreditation body responsible for carrying out accreditations on behalf of the DTI (Department of Trade and Industry). SANAS is responsible for the development and maintenance of the rating standards in the BEE Industry. DVS is a SANAS accredited BEE Verification Agency that can assist you with your BEE Certificate.
Contact us or leave your details and we will get back to you.
A B-BBEE scorecard is a guideline to determine a business’ BEE score. B-BBEE compliance of a company is measured by this scorecard. There are different elements on the scorecard. These are elements on the scorecard:
- Ownership – % of black shareholding in the company.
- Management Control – management throughout the company, from director to junior management.
- Skills development – amount of money spent on training for black employees and black people.
- Preferential Procurement – procurement spend on your suppliers based on their BEE status and recognition level.
- Enterprise and Supplier development – the amount contributed to the growth of other black owned enterprises, suppliers to your company as well as non-suppliers.
- Socio-Economic Development – the amount contributed to assist black beneficiaries to become economically active. This may include contributions to charities.
All businesses can apply for a BEE Certificate. Businesses are grouped into 3 different categories based on their turnover:
1. Exempt Micro Enterprises (EME); annual turnover of less than R10 million.
- B-BBEE Level 1 if the business has a 100% black shareholding or
- B-BBEE Level 2 – 51% or more black shareholding or
- B-BBEE Level 4 – 50% or less black shareholding
2. Qualifying Small Enterprises (QSE); annual turnover between R10 million and R50 million.
- B-BBEE Level 1 if the business has a 100% black shareholding or
- B-BBEE Level 2 – 51% or more black shareholding
3. Generic; annual turnover above R50 million
- These businesses will be audited on a generic B-BBEE scorecard.
To obtain a BEE certificate you need to be verified by a SANAS accredited B-BBEE verification agency on the different elements of the scorecard. The BEE scorecard requirements are ownership, management control (employment equity of your managers), skills development (training of black people), procurement, supplier development, enterprise development and socio-economic development.
You need to score a certain number of points to be BEE compliant and receive a B-BBEE rating and recognition level.
The BEE verification fee depends on the annual turnover and size of your business. Complete the application form for an obligation free quote.
The B-BBEE verification manual was developed and published by the Department of Trade and Industry (DTI) to guide SANAS accredited BEE Verification Agencies in terms of conducting BEE verifications and issuing certificates. The BEE verification manual was developed by SANAS to clarify the functions of accredited BEE verification agencies.
The B-BBEE Act was put in place to promote and increase the participation of black people in all spheres of the economy.
The number of BEE points you score during the verification process determines your B-BBEE status and subsequent procurement recognition level. This score is used by your clients during their verifications under the procurement element.
A score below 40 points results in a Non-compliant certificate with 0 procurement recognition.
| BEE CONTRIBUTOR STATUS | BEE POINTS ON SCORECARD | BEE PROCUREMENT RECOGNITION LEVEL |
| Level 1 | >100 Points | 135% |
| Level 2 | ≥95 but <100 Points | 125% |
| Level 3 | ≥90 but <95 Points | 110% |
| Level 4 | ≥80 but <90 Points | 100% |
| Level 5 | ≥75 but <80 Points | 80% |
| Level 6 | ≥70 but <75 Points | 60% |
| Level 7 | ≥55 but <70 Points | 50% |
| Level 8 | ≥40 but <55 Points | 10% |
| Non-Compliant | <40 points | 0% |
Yes, DVS BEE Services have a generic document checklist to guide you when compiling your B-BBEE verification file. The verification analyst may request additional documents depending on your BEE initiatives and claims. Contact DVS BEE for the document checklist.