The CIDB grade “2” designation gives a construction company an opportunity to bid for government construction tenders between the values of R130, 001 to R650, 000. In order to qualify for the grade, a company needs to have completed a construction project between the values of R130, 001 and R450, 000 within the past five years.
Construction projects completed more than five years are not accepted as at the date of application. Therefore, if you are going to be applying for a grade 2, all your project paper work should be within a period of 5 years. In addition to the above, the company needs to also be compliant with any of the general legislative requirements such as tax as well as the companies and intellectual property commissioner requirements. I shall be discussing all the requirements in detail in the paragraphs that do follow.