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December 7, 2011

New procurement regulations will combat fronting

The revised Preferential Procurement Regulations that become effective today (Wednesday) are largely to align these regulations more closely with BBBEE, and to address some of the concerns raised by both the courts and business relating to functionality and how it relates to price.



The revised Preferential Procurement Regulations become effective today (Wednesday). The purposes are largely to align these regulations more closely with BBBEE, and to address some of the concerns raised by both the courts and business relating to functionality and how it relates to price.

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Posted by StaffWriter at December 7, 2011 9:48 AM