90/10 preference point system for acquisition of goods or services with Rand value above R50 million 7.(1) The following formula must be used to calculate the points out of 90 for price in respect of a tender with a Rand value above R50 million, inclusive of all applicable taxes: Where- − Pt Ps= Pmin Ps = Points scored for price of tender under consideration; Pt Price of tender under consideration; and = of lowest acceptable tender. Pmin = (2) The following table must be used to calculate the points out of 10 for B- BBEE: B-BBEE Status of Contributor Number of Points 1 10 2 9 3 6 4 5 5 4 6 3 7 2 8 1 Non-compliant contributor 0 A tenderer must submit proof of its B-BBEE status level of contributor. A tenderer failing to submit of B-BBEE status level of contribution or is a non-compliant contributor to B-BBEE may not be disqualified, but(a) may only score points out of 90 for price; and (b) scores 0 points out of 10 for B-BBEE. A tenderer may not be awarded points for B-BBEE status of contributor if the tender documents indicate that the tenderer intends subcontracting more than 25% of the value of the contract to any other person not qualifying for at
90/10 preference point system for acquisition of goods or services with Rand value above R50 million 7.(1) The following formula must be used to calculate the points out of 90 for price in respect of a tender with a Rand value above R50 million, inclusive of all applicable taxes: Where- Pt − Ps= Pmin Ps = Points scored for price of tender under consideration; Pt = Price of tender under consideration; and Pmin = of lowest acceptable tender. (2) BBEE: The following table must be used to calculate the points out of 10 for B- B-BBEE Status of Contributor Number of Points 1 10 2 9 3 6 4 5 5 4 6 3 7 2 8 1 Non-compliant contributor 0 A tenderer must submit proof of its B-BBEE status level of contributor. A tenderer failing to submit of B-BBEE status level of contribution or is a non-compliant contributor to B-BBEE may not be disqualified, but(a) may only score points out of 90 for price; and (b) scores 0 points out of 10 for B-BBEE. A tenderer may not be awarded points for B-BBEE status of contributor if the tender documents indicate that the tenderer intends subcontracting more than 25% of the value of the contract to any other person not qualifying for at