Only a SANAS accredited B-BBEE Certificate, an Affidavit or a B-BBEE Certificate issued by the 'Companies and Intellectual Property Commission' (CIPC) serve as valid B-BBEE Credentials. An organisation presented with B-BBEE Credentials may, as part of their due diligence process, request further relevant information or documents to substantiate the information contained in B-BBEE Credentials submitted.
First and foremost, it is illegal for an organisation to trade with invalid, inconclusive or incorrect B-BBEE Credentials. The consequence of an organisation accepting invalid B-BBEE Credentials is that the procurement spend with that organisation will not be recognised. It is, therefore critical to determine the validity of B-BBEE Credentials at the time of engaging with a supplier.