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Media Coverage

Infrastructurene.ws mentions Bontle Pilane in an article regarding the new Preferential Procurement Regulations

Fasken
Reading Time 1 minute read

“New preferential procurement regulations take effect this week” by Riante Naidoo, Infrastructurene.ws

Infrastructurene.ws mentions Johannesburg lawyer, Bontle Pilane, in an article regarding the new Preferential Procurement Regulations, it’s retained provisions and changes.

Bontle Pilane, senior associate and Fasken Martineau, commented on the new regulations and said many provisions have been retained from 2011. While the regulations still stipulate price as the dominant basis on which procurement decisions must be made, there are some changes.

However, Pilane said it was important to note that although the new regulations contain aggressive measures to ensure greater economic participation by small and black owned businesses, National Treasury had compromised on some provisions which were initially contained in the draft regulations.