Question $2$Read the scenario below and answer the questions that follow.$(9)(16)($Marks:$30)$ Advancing Sustainable Energy in South AfricaIn pursuit of South Africa's commitment to expanding its renewable energy capacity and reducing carbon emissions, a multinational energy company $($fictional company$)$ embarked on a groundbreaking project to establish a large$-$scale solar power plant. This text delves into the complexities of navigating the legislative framework for procurement in South Africa to ensure compliance and transparency.The primary goal of the energy company was to contribute significantly to South Africa's renewable energy goals by developing a state$-$of$-$the$-$art solar power plant. The project aimed to adhere to the legislative requirements for procurement, emphasising fairness and competitiveness.Legislative Framework:The company carefully studied South Africa's procurement legislative framework, focusing on the Preferential Procurement Policy Framework Act $($PPPFA$)$ and the Public Finance Management Act $($PFMA$).$ These laws set the stage for fair and transparent procurement processes. $$ The Independent Institute of Education $($Pty$)$ Ltd $2024$Page $5$ of $824$; $25$; $262024$ Preparation and Documentation:Meticulous preparation was undertaken, encompassing a comprehensive project plan, detailed technical specifications, environmental impact assessments, and robust financial projections. All documentation was crafted in alignment with the criteria stipulated in the PPPFA, reflecting the commitment to transparency.Competitive Bidding Process:The company initiated a competitive bidding process, adhering to the principles of fairness and transparency. The tendering process involved widespread advertising, sufficient submission time, and objective bid evaluations.Compliance with Environmental Regulations:Given the nature of the renewable energy project, stringent compliance with environmental regulations was a priority. The company obtained the necessary permits, conducted thorough environmental impact assessments, and integrated sustainable practices into the project to minimise its ecological footprint.Monitoring and Reporting:The company established robust monitoring and reporting mechanisms throughout the procurement process and project implementation. This ensured compliance with legislative requirements and provided stakeholders, including the government and the public, with transparent information about the project's progress. Regular updates were communicated to stakeholders, demonstrating the company's commitment to accountability.By navigating the legislative framework for procurement in South Africa with diligence and transparency, the multinational energy company successfully contributed to the country's sustainable development goals. The solar power plant project stands as a testament to the alignment of business objectives with legislative requirements, fostering economic empowerment and advancing South Africa's renewable energy ambitions. Q$\mathrm{.}2\mathrm{.}1$In the above scenario, empowerment and local content were not included. Explain how this company can comply with the legislative frameworks that pertain to empowerment and local content.$(6)$ The Independent Institute of Education $($Pty$)$ Ltd $2024$Page $6$ of $824$; $25$; $262024$ Q$\mathrm{.}2\mathrm{.}2$It is important for multinational firms to understand the pillars of the public procurement process, as this is the system that ensures the money that the government receives from its citizens is well spent. Explain how this multinational company can apply the principle of value for money by providing three examples.$(9)$ Q$\mathrm{.}2\mathrm{.}3$Each company that would like to be a supplier for the state must be registered on the Central Supplier Database $($CSD$).$ Briefly describe five documents that suppliers in this case study would have supplied to ensure they were on the CSD$.(10)$ Q$\mathrm{.}2\mathrm{.}4$ In the event of the pillars not being upheld, explain which role player will be involved and the nature of their involvement as it pertains to this case study.