Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)
Means any supplier or service provider to a Measured Entity if any portion of the supply or service provision falls within the definition of Total Measured Procurement Spend;
BizAdvance Consulting comments and references:
Relates to the Enterprise and Supplier Development element Statement 400, page 60.
Total Measured Spend is the total of Cost of sales, Operational expenditure, and Capital expenditure.
Refer to Statement 400 clause 5, page 67.
Comments are based on the opinion of BizAdvance Consulting and may be subject to different interpretations and opinions by other parties. The comments and references are intended as a guide to readers but it is important that they are read in conjunction with the Codes and other related legislation. Please refer to our Disclaimer Policy.