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Preferential Procurement Regulations, 2017 Have Been Promulgated Come Into Effect 1st April

Doing business in South Africa? The Preferential Procurement Regulations 2017 have been promulgated and come into effect 1st April. Whilst this is not breaking news, it perhaps went quietly under the radar.  In a media statement issued towards the end of January, it states that the revision of the Preferential Procurement Regulations of 2011 was largely influenced by the need to provide for a mechanism to empower certain categories (Small Medium and Micro Enterprises (SMME) also classified as EMEs or QSEs, Co-operatives, Township and Rural enterprises) through procurement. This was an outcome of social dialogue on the New Growth Path (NGP) wherein government and social partners signed a Local Procurement Accord on 31 October 2011.To this end, commitment made by government was to leverage public procurement. 

Preferential Procurement Regulations 2017
Office of the Chief Procurement Officer
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