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LEVEL 1 BBBEE RATING FOR BUILDING & CIVILS

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We are pleased to announce that Liviero Building and Civils have achieved a Level 1 BBBEE rating.

On 24 October 2014, the Generic revised codes of Good Practice (B-BBEE Act of 2013) were promulgated and came into law. These revised codes were a substantial change to the previously published codes and placed significantly more difficult obligations on companies.

 

The intention was for the Construction Sector Charter Council to agree a new set of Construction Sector Codes (based on the new Generic Codes) but these revised codes have not been promulgated yet.

 

This Level 1 rating is a major accomplishment given the increased obligation of rating under the new codes.

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