Professional engineering services
The market for professional engineering services in the Western Cape is about R17 million in size, which is a decent opportunity for your business to explore. Unfortunately, it's not growing, with zero year-on-year growth, so you'll need to compete for existing contracts. The market is moderately crowded, with 56 suppliers already vying for contracts from just 4 departments, including the Department of Transport and Public Works, so you'll need to differentiate your organisation to stand out. It's worth noting that the government has a strong favour for businesses with a high black ownership percentage, with about 64% of the allocation going to these businesses. If I were you, I'd focus on building relationships with the key departments and ensuring your B-BBEE level is optimised to increase your chances of securing contracts in this competitive market.
R17M
56
4
R182K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
63.9%
14.7%
8.2%
1.8%