BEECSA offers the following Verification Services:
Amended General Codes of Good Practice (CoGP)
Verifications for entities based on the General Codes of Good Practice (CoGP) on B-BBEE.
Amended Construction Sector Codes
Verifications for entities based on the Amended Construction Sector Codes.
Amended Property Sector Codes
Verifications for entities based on the Amended Property Sector Codes.
Amended ICT Sector Codes
Verifications for entities based on the Amended ICT Sector Codes.
Amended Tourism Sector Codes
Verifications for entities based on the Amended Tourism Sector Codes.
Road Freight sub-sector
Verifications based on the Road Freight sub-sector code of the Integrated Transport Sector Codes.
Forwarding & Clearing sub-sector
Verifications based on the Forwarding & Clearing sub-sector code of the Integrated Transport Sector Codes.
Large Enterprises (Generic)
Large Enterprises with an annual turnover in excess of R50 mil per annum.
Qualifying Small Entities (QSE’s)
Verifications for Qualifying Small Entities (QSE’s) who’s black ownership is below 51%.
Joint Venture/ Consortium
With this, we will verify an unincorporated Joint Venture entered into between two or more companies for a specific project or as a temporary collaboration. We will assess the B-BBEE Certificate of all the involved parties, and points are scored based on the percentage share each entity has in the Joint Venture/Consortium.
Ownership Status of any entity
Verification of Ownership Status of any entity. We apply the same process for these types of verifications as we would for a full verification process, however, this certificate would not contain the level contribution status for the rest of the elements of the scorecard. These certificates are most useful to investment companies whose turnover may be below the R50 million mark, but are required to provide verified ownership information to their investee companies.
Black Owned QSE’s
Black Owned QSE’s (less than R50 million annual turnover) as well as EME’s (Exempted Micro Enterprise – less than R10m annual turnover) need not carry out a full verification, but can utilise this affidavit for procurement purposes. Please note, however, that an affidavit is not sufficient proof for ownership verification purposes.