The RBIDZ is very conscious of its responsibility to follow the best practices in all activities related to the establishment of the zone. It is essential, therefore, that the correct procurement procedures are followed and that they are fair, equitable, transparent, competitive, cost-effective and promote the objectives of Broad-Based Black Economic Empowerment.
The RBIDZ’s economic and social objectives must be reflected in a balanced manner in the procurement principles, which are:
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To advance Government priorities;
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Equity;
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To achieve value for money;
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To ensure ethical behaviour and integrity;
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To ensure transparency and accountability;
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To encourage open and effective competition;
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To ensure efficient, effective and ethical use of resources; and
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To ensure that mandatory procurement procedures are adhered to.