The BEE Codes of Good Practice attach levels of compliance to the points scored by a company on its BEE scorecard. Milpark achieved a score of between 75 and 85 points to achieve a level three compliance rating.
Each compliance level has a BEE Recognition level associated with it which can be used by clients when calculating their procurement spend. Level 3 has 110% recognition, therefore each Rand spent by our clients on goods or services will be recognised at 110% for their B-BBEE procurement analysis.
Ratings are done on the following components as per the Broad Based Economic Empowerment Strategy and the codes of Good Practice on Broad Based Economic Empowerment:
Click here to view a copy of the verification certificate.