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).
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).
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:
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:
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.
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.
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:
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.
2. Qualifying Small Enterprises (QSE); annual turnover between R10 million and R50 million.
3. Generic; annual turnover above R50 million
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.