Print Page   |   Contact Us   |   Sign In   |   Register
News & Press: 2017 News Items

Best Practice Project Assessment Scheme - comments close soon

Monday, 11 December 2017  
Posted by: Bert vd Heever
Share |

Members will remember that in August and September last year we informed you of the Best Practice Project Assessment Scheme that the cidb were contemplating to enact.

The draft regulations have just been published (1 December 2017) and interested parties have 30 days to submit written comments.

In brief, the regulation provides for a Best Practice Fee of 0,2% of the total value on the date of award of that project on Grades 7 to 9 (i.e. currently on projects exceeding R13 million) To read the discussion document on the regulation please click here.

The draft regulation can be viewed here and stipulates how comments should be submitted to the Director-General of the Department of Public Works.