The document discusses regulations regarding preferential procurement in South Africa, specifically: 1) New regulations were approved in June 2011 to align the Preferential Procurement Policy Framework Act (PPPFA) and Broad-Based Black Economic Empowerment (BBBEE) Act, which will have wide-reaching implications. 2) The PPPFA takes effect in December 2011 and changes the point system to incorporate BBBEE compliance, using 80/20 and 90/10 preference point systems for procurement above certain thresholds. 3) The regulations provide guidance on evaluating bids, awarding contracts, subcontracting requirements, and establishing BEE strategies and preferential procurement processes.