RAND WATER ANNUAL REPORT 2023

Consolidated Annual Financial Statements for the year ended 30 June 2023

Board Report 4.1 Preferential procurement (Continued)

Work Awarded Through Bids

Rand Water awarded 31 bids in the year under review to the value of R1 933 million (2021: R144.9 million), this amount excludes bids that were awarded based on rates. Bids refer to procurement transactions that are above the quotation threshold of R2 million.

29 bids were awarded to B‑BBEE compliant entities.

Work Awarded per B‑BBEE level

Number of bids awarded

Number of bids awarded to B‑BBEE compliant entities

Percentage

Total value of awarded bids (excluding bids awarded on rates) R’000

Quarter 1

2

2

100%

169 603

Quarter 2

8

7

87.5%

160 120

Quarter 3

14

14

100%

1 134 437

Quarter 4

7

6

98.86%

469 058

Financial year 2022/23

31

29

96.59%

1 933 218

Work Awarded per B‑BBEE level

Other B‑BBEE Measured Elements

(a) Management control

The information below provides the overall demographic representation across the various management categories.

Management category

ACI

Male (ACI)

Female (ACI)

PWD

Youth

Board of Directors

12

6

6

-

-

Executive Management

5

4

1

-

-

Senior Management

70

36

34

-

-

Middle Management

528

253

275

11

86

Junior Management

359

151

208

14

60

160