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Broad-Based BEE Verification Agency

Outline of Verification Process

The process utilised when verifying the BEE status of an enterprise by BEE RATED is consistent with the requirements of;

  • Broad-Based Black Economic Empowerment Act (53/2003)
  • Broad-Based Black Economic Empowerment  Act : Codes of Good Practice on Black Economic Empowerment (2007)
  • Sector Codes of Good Practice
  • SANAS document R47-03

The verification exercise undertaken by BEE RATED is as follows;

BEE RATED sends Client an initial information pack containing the following documents: ‘Verification Process Outline’; BEE RATED Overview; Pre-Proposal form.

  1. Client returns the completed Pre-Proposal form to BEE RATED.
  2. BEE RATED reviews the Pre-Proposal form and if it meets the requirements prepares and sends a formal Proposal to Client.
  3. Client returns the Acceptance Agreement, Annexure 1 in the Proposal document, to BEE RATED, and makes payment of the 50% mobilization fee.
  4. BEE RATED forwards a ‘BEE Questionnaire’ to Client for completion and return to BEE RATED within six weeks of receipt.
  5. BEE RATED assesses the completeness of information contained in the Questionnaire, and engages with Client, as necessary, should there be outstanding information required.
  6. BEE RATED provides Client with a Verification Plan, and a date and time for the on-site assessment is agreed.
  7. BEE RATED’S verification team conducts the on-site assessment and verification of Clients B-BBEE status.
  8. BEE RATED’S verification team prepares a report and recommended rating.
  9. BEE RATED’S verification committee reviews and confirms the rating.
  10. Client is provided with a rating report and BEE verification certificate.

Notes: 

i) BEE RATED’S verification team is required sign confidentiality undertakings prior to engagement in a verification exercise.

ii) A confidentiality agreement is also signed with the Client.

iii) BEE RATED clients are required to confirm with and abide by the above BEE Verification process.

iv) BEE RATED is committed to providing clients with accurate, professional ratings and service along with the assurance of confidentiality and impartiality (including when managing conflicts of interest).

Service Fees

The service fee formally quoted will be based on the specifics of the enterprise, including nature and complexity, eg, annual revenue, number of staff, operational sites and nature of black shareholding.

Breaking News – Amended BEE Codes Update

Since our last update on the new/Amended BEE Codes of Good Practice that came into effect on 11 October 2013 (with a transition period extending to 30 April 2015), the Department of Trade and Industry (Dti) has finally gazetted (No. 38076, 10 October 2014) some key outstanding issues pertaining to the new amended Codes...[more]
Testimonials

BEE Rated and Angela deserve every "6" rating from us. The audit could not have been done more efficiently and professionally. Thank you.

The Verification process was very thorough and efficient. It was a pleasure working with BEE Rated.

Angelah Mafingo

It has been an absolute pleasure working with Prem, Kim and Angelah. Their professionalism and efficiency was outstanding. Would recommend them to other companies.

Wesley Samuel

The audit was carried out in a professional way. The auditors were very efficient in their approach and in their requests. Freedom Printpak would like to express their sincere thanks…

Freedom Printpak (Pty) Ltd

"Process all ran very smoothly and verification completed in a thorough and professional manner".

"Always a pleasure working with Bee Rated"

Pre-verification Arrangements - 6 Efficiency of the verification process - 6 Timeous completion of the process - 6 Credibility of the verification findings - 6 Professionalism of the verification team…

Very professional and an absolute pleasure to work with! Thank you Tony!

"On behalf of Steve and Durban Overall, we would like to thank you for your great effort, we know we would not have received the same effort elsewhere. Hope to…

Excellent service from start to finish, thank you! Suzette was friendly and professional, the best analyst we have ever worked with.

Chantelle Snyman

"Bee Rated is highly organised, efficient and professional. I enjoy our dealings with them."

Michelle Betts

"Pleasure to work with!"

"Dear Kim Thank you so much for all your support during the submission, it is greatly appreciated and a pleasure working with you. We are once again very proud to…

Priscilla du Plessis

A value added service, in my opinion

Keith Mons

Excellent agency, will definitely use again

Andries

Excellent and proficient service, most affordable BEE Rating Agency

Miss Naidoo

Exceptional service and delivery

Suren Andrew

Verification professionally carried out

Anthony Buckley

We are very impressed with the professional services provided by BEE Rated

A pleasure working with you

Adele Labuschagne

It has been a pleasure working with Kim and Nomcebo. The professionalism and efficiency was outstanding. Bee Rated come highly recommended.

Fantastic Service Read Assessment here...

Ashish Saniparsad

It has been a tremendous pleasure meeting and working with Nomcebo

Megan Coutts

"Thanks for the excellent service Looking forward to doing business with you guys again in the future"

"As always your service has been great. We appreciate your promptness"

"Excellent, friendly and speedy service!"

"Very happy with BEE Rated, Nomcebo was very professional and the process flowed smoothly"

"Tony was at all times professional, helpful and honest. His integrity and attention to detail was much appreciated. Thank you. Can highly recommend his services."

"Service was excellent. Very professional. No complaints" Read Report

Library

Contact us:

Physical Address:
Suite 2,
2 Fairways Avenue,
Fairways Park,
Mt Edgecombe
Tel: 031 539 3033
Fax: 086 750 2119
Members: A. Kruger; K. Odell

Accreditation: Please click on the logo below

Please click on the logos to directly access the SANAS and ABVA websites

Amended Bee Codes of Good Practice

Amended Bee Codes of Good Practice

B-BBEE Certificate

B-BBEE Certificate

Members:

association-of-bee-verification-agencies-logo

ABVA Membership Certificate

ABVA Membership Certificate