# Public Procurement

- Link: https://dearsouthafrica.co.za/public-procurement/
- Published: 2024-02-13T11:36:50+02:00
- Author: dearSA

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![The Select Committee on Finance invites stakeholders and interested parties to
submit written submissions on the Public Procurement Bill [B18B – 2023]](https://
cdn.dearsouthafrica.co.za/wp-content/uploads/2024/02/13111503/Public-Procurement-
Bill.jpg "Public Procurement Bill")

![DEAR-SOUTH-AfFRICA](https://cdn.dearsouthafrica.co.za/wp-content/uploads/2023/
02/08135845/DEAR-SOUTH-AfFRICA.png "DEAR-SOUTH-AfFRICA")

### **2877**** **comments delivered to parliament (closed 22 February 2024)

click the link for more info

[view a report and all public comments ](https://dearsouthafrica.co.za/public-procurement/summary)

### The Select Committee on Finance invites stakeholders and interested parties to comment on the Public Procurement Bill

## Have your say – shape the Procurement Bill. [CLOSED]

**Error:** Contact form not found.

![D-icon](https://cdn.dearsouthafrica.co.za/wp-content/uploads/2022/12/11192438/
D-icon-40x40-1.png "D-icon-40x40")

    - “There was considerable criticism of the Public Procurement Bill when it was
      tabled in the National Assembly. This criticism varied from procedural issues–
      a short notice period, rushing the legislative process and rendering it impractical–
      to more substantive issues which identified specific long-term consequences
      such as the impracticalities of implementing the Public Procurement Bill in
      its unamended form as well the negative impact of Bill on the Constitutional
      considerations of fairness, equity, transparency, cost-effectiveness and competitiveness
      to the bidding process.” _— Wolfgang Neff, CEO of Wilson Bayly Holmes-Ovcon._
    - DA Finance Shadow Minister Dion George said ‘the International Monetary Fund
      cautioned South Africa that preferential procurement adds 20% premium to the
      state’s cost of goods and services. That is approximately R160 billion.’
       * The PPB is a new proposed law that is set to exacerbate that premium. It
         does so by increasing the official BEE premium cap to 66%, imposing ‘set-
         asides’ that automatically disqualify other bidders based on race, and 
         more. Government procurement exceeded R1.1 trillion in the last 12 months._—
         Gabriel Crouse_

[View more info ](https://dearsouthafrica.co.za/public-procurement/summary/)