Professional engineering services
Your business is considering getting into the professional engineering services market in Gauteng, which is a relatively small market with a total spend of about R232 million. This market is not growing or shrinking, as it has a year-over-year growth rate of 0, so you can expect a steady demand for your services. It's also a fairly uncrowded market, with only 2 suppliers currently operating in this space, which could be a favourable opportunity for your organisation. The Department of... is the sole department procuring these services, and it's worth noting that they allocate about 64% of their spend to black-owned businesses, so having a strong B-BBEE level could be beneficial. If I were you, I'd focus on building a strong B-BBEE programme to increase your chances of securing contracts with the department.
R232K
2
1
R116K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
63.9%
14.7%
8.2%
1.8%