The Way to BEE

MIP Scorecard

Element Weighting Current assessment
Ownership 20 points 17.00
Management Control 10 points 10.00
Employment Equity 15 points 11.88
Skill Development 15 points 0.00
Preferential Procurement 20 points 16.39
Enterprise Development 15 points 15.00
Social-Economic Development 5 points 5.00
TOTAL 100 points 75.27

This qualifies MIP Process Technologies (Pty) Limited as a Level 3 contributor and equate to 135% compliance. This allows our customers to claim 110% of your procurement spent with MIP Process, against their own B-BBEE targets.
 

BEE Status Qualification Compliance Level
Level One Contributor ≥ 100 points 135%
Level Two Contributor ≥ 85 but < 100 points 125%
Level Three Contributor ≥ 75 but < 85 points 110%
Level Four Contributor ≥ 65 but < 75 points 100%
Level Five Contributor ≥ 55 but < 65 points 80%
Level Six Contributor ≥ 45 but < 55 points 60%
Level Seven Contributor ≥ 40 but < 45 points 50%
Level Eight Contributor ≥ 30 but < 40 points 10%
Non-Compliant Contributor < 30 points 0%

Source:

“The Way to BEE 2007” – A Guide to Black Economic Empowerment.
Available at: www.cliffedekker.com
MIP Process Technologies (Pty) Ltd are proudly a Level 3 Contributor as verified by BEE Rating Solutions, a SANAS accredited BEE Verification Agency. We also qualify as a Qualifying Small Enterprise, a value adding enterprise and a category B enterprise development beneficiary.
Click here to see our 2015 BEE Certificate