DEFINITIONS In this Supply Chain Management Policy, unless the context indicates otherwise; points”: the points referred to in the “Adjudication Preferential Procurement Regulations, 2011 and the Preferential Procurement section of this policy, also referred to as points”. “evaluation means a tangible or intangible resource capable of “Asset”: ownership. means any person submitting a competitive bid or a “Bidder”: quotation pursuant to definition 1.26. Black Economic Empowerment (BBBEE) Act”: “Broad-Based means the Broad-Based Black Economic Empowerment Act, 53 of 2003 and Codes of Good Practice pertaining thereto. means: “Capital any immovable asset such as land, property or buildings; or any movable asset that can be used continuously or repeatedly for more than one year in the production or supply of goods or services, for rental to others or for administrative purposes, and from which future benefit can be derived, such as plant, machinery and equipment. means the municipality of the Ba-Phalaborwa “Municipality”: Local Municipality or any person(s) or committee delegated with the authority to act on its behalf. Manager”: means the Accounting Officer as defined “Municipal in the Municipal Finance Management Act. Time”: means the time and day specified in the bid “Closing documents for the receipt of bids.
DEFINITIONS In this Supply Chain Management Policy, unless the context indicates otherwise; “Adjudication points”: the points referred to in the Preferential Procurement Regulations, 2011 and the Preferential Procurement section of this policy, also referred to as “evaluation points”. “Asset”: means a tangible or intangible resource capable of ownership. “Bidder”: means any person submitting a competitive bid or a quotation pursuant to definition 1.26. “Broad-Based Black Economic Empowerment (BBBEE) Act”: means the Broad-Based Black Economic Empowerment Act, 53 of 2003 and Codes of Good Practice pertaining thereto. “Capital means: any immovable asset such as land, property or buildings; or any movable asset that can be used continuously or repeatedly for more than one year in the production or supply of goods or services, for rental to others or for administrative purposes, and from which future benefit can be derived, such as plant, machinery and equipment. “Municipality”: means the municipality of the Ba-Phalaborwa Local Municipality or any person(s) or committee delegated with the authority to act on its behalf. “Municipal Manager”: means the Accounting Officer as defined in the Municipal Finance Management Act. “Closing Time”: means the time and day specified in the bid documents for the receipt of bids.
SCM%20Policy%20Ba-phalaborwa%202017-18%20draft%20(003).docx