HIGHREGULATIONGPWCKZNECLPMPNWFSNC National Treasury OCPO Instruction Notes
FAQ Preferential Procurement Regulations, 2022
Source: National Treasury OCPO Instruction NotesView Original Source
Stay ahead of procurement changes
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Policy Change
Key Points
- New Preferential Procurement Regulations (2022) introduce updated B-BBEE and localization requirements for government tenders.
- Companies must align bids with revised scoring criteria, prioritizing black-owned businesses and local content.
- Non-compliance with new regulations may lead to disqualification from tender processes.
- Opportunity for businesses with strong B-BBEE credentials and local supply chains to gain competitive advantage.
- Risk of debarment or contract cancellation for suppliers failing to meet new preferential procurement thresholds.
Affected Organizations
All government departments and municipalitiesState-owned entities (SOEs)