Transcription of LOCAL CONTENT POLICY & DESIGNATION
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Example: tourism industry
LOCAL CONTENT POLICY & DESIGNATION
1 LOCAL CONTENT POLICY & DESIGNATION MEASURES TO ENSURE COMPLIANCE AND VERIFICATIONDATE: 11 MARCH 2020 PRESENTATION TO THE PORTFOLIO COMMITTEE ON TRADE AND INDUSTRYC onfidentialPRESENTATION OUTLINE POLICY AND REGULATORY CONTEXTS DESIGNATION PROCESS PRODUCTS DESIGNATED COMPLIANCE WITH LOCAL CONTENT REQUIREMENTS VERIFICATIONS BY SABS CHALLENGES ON VERIFICATION2 PREFERENTIAL PROCUREMENT REGULATIONS 2017 ON LOCAL CONTENT Regulation8(1):empowersthedtitodesignate specificindustries/sectors,whereonlyloca llymanufacturedproductsthatmeetthestipul atedminimumthresholdforlocalcontentwillb econsidered. Regulation8(2):organsofstatemustincludel ocalcontentintheirbidinvites. Regulation8(3):NationalTreasurymustinfor morgansofstateviacircular. Regulation8(4):allowsorgansofstateto selfdesignate Regulation8(5) FOR NON-COMPLIANCE AcrucialaspectofLocalContentisitsverific ation,andtheSouthAfricanBureauofStandard s(SABS) :Remedies 14(1)Anorganofstatemust,upondetectingtha tatenderersubmittedfalseinformationregar dingBBBEE,LocalContentoranyothermatter:( a)informthetendereraccordingly;(b)giveth etendereranopportunitytomakerepresentati onswithin14days;(c)ifitconcludes,afterco nsideringtherepresentationsthatfalseinfo rmationwassubmitted disqualifythetendererorterminatethecontr actinwholeorpartandifapplicableclaimdama gesfromthetenderer.
LOCAL CONTENT VERIFICATION CONDUCTED IN THE CURRENT FINANCIAL YEAR (2019/2020) Eleven designated sectors/products were prioritised. SABS Local Content division managed to conduct verification on 55 tenders and only 15 projects are still under way resulting in 70 projects in total: # Designated Sector Number of Tenders Selected
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