As the B-BBEE landscape evolves, the verification process becomes more rigorous, demanding meticulous evidence to substantiate claims and secure points on your B-BBEE certificate. Here are the steps to guide you through the verification journey:
Step 1: Assess Your Readiness
Ensure that all element targets are achieved and gauge the potential level you might attain. A B-BBEE snapshot, essentially an unverified audit, provides a preliminary indication of your achievable level.
Step 2: Choose an Accredited Verification Agency
Identify an accredited B-BBEE verification agency proficient in conducting verifications aligned with specific sector codes. Verify accreditation through SANAS and find a list of accredited agencies here under "Accredited bodies" and then "Verification Agency (B-BBEE)."
Step 3: Initiate Engagement
Engage with the chosen verification agency, disclosing your total employees and annual turnover. Obtain a formal quotation for the comprehensive verification process. Upon acceptance, a formal invoice will be issued for payment.
Step 4: Build the Verification File
Initiate the building of your verification file before engaging with the agency. Proactive file preparation ensures a smoother process and accurate documentation submission.
Step 5: Provide Claim Sheet and Evidence
Furnish the verification agency with the claim sheet detailing all implemented B-BBEE structures and targets. The agency will select samples, necessitating the submission of evidence for accuracy verification. Additional documents may be requested.
Step 6: Onsite Verification
Following the submission and review of all documents, an onsite visit with interviews will be scheduled to further validate the information.
Step 7: Preliminary Report and Certificate Issuance
Upon completion of interviews and document verification by the Analyst and Technical signatory, a preliminary report is issued. After acceptance, the verified B-BBEE level is confirmed, and the certificate, valid for 12 months, is officially granted.
Conclusion: Ensure Preparedness
Regular B-BBEE snapshots are advisable to anticipate achievable levels. Commence file preparation at least three weeks before engaging with the verification agency to mitigate potential delays in the process.
Navigating B-BBEE verification demands strategic foresight and meticulous preparation. Begin the journey well-prepared to achieve a seamless and successful outcome.