Overtime Calculation Overtime calculation is the calculation of the extra hours for which the employees have worked.Timesheets were formerly known as time books. That means that, as an employer, you'll be able to see exactly how many hours each employee has worked for. Timesheet Management A timesheet is a physical or virtual tool that allows you to record and keep track of your worked time.The current threshold for projects or programmes to be considered by ISA is R1bn however, if a municipality has a regional catalytic renewable energy project that is below the R1bn threshold it can be included in the respective ISA renewable energy programme for municipalities. The TWGs also provide support for projects that can be, or are, designated as Strategic Integrated Projects (SIPs) for the Presidential Infrastructure Coordinating Commission as per the Infrastructure Development Act of 2014. Advising project sponsors on procurement options to accelerate delivery, optimising developmental impact and enhancing secondary objectives.Providing project sponsors with access to technical expertise that will assist with project/programme planning and preparation.Assisting project sponsors with regulatory and authorisations unblocking, together with intergovernmental relations.Developing a credible project pipeline with “shovel ready” projects that can be redirected to other government institutions for funding.Assessing projects utilising the SIDS methodology in an effort to ensure that the projects are eligible for fiscal funding.The support provided to project sponsors by the TWG include: In carrying out activities, the TWGs are guided by the Charter for TWGs. Implementation is cost-effective, enabling meaningful return on investment.Infrastructure is meaningful and effectively aligned to the specified mandates.Implementation is co-ordinated, integrated, systematic, and regionally prioritised.Implementation of infrastructure is carefully planned and implemented in a sustainable manner.Due focus is paid on the provisioning of infrastructure as part of the National Infrastructure Plans and in pursuit of the Bill of Rights, in line with the applicable Constitutional Mandates.The work of the TWGs is aimed at ensuring that: In supporting the work programme of Infrastructure South Africa, MDBs/DFIs have aligned in supporting the work of TWGs under ISA:Īdditionally, these 8 TWG include members from Infrastructure South Africa (ISA) National Treasury (NT) Municipal Infrastructure Supporting Agent (MISA) South African Local Government Association (SALGA) and Industrial Development Corporation (IDC) to ensure fair representativity from stakeholders within the infrastructure development sector. The DPF will meet quarterly for ISA and the IIRC to seek independent perspectives from DFIs on infrastructure related issues. ![]() The TWGs, as well as the IIC and IIRC, are also supported by the Development Partners Forum (DPF), which serves as an important platform for collective and coordinated support by Development Finance Institutions (DFIs) to South Africa’s infrastructure development agenda. Through the SIDS Methodology process, these 8 TWGs provide support to the Infrastructure Investment Committee (IIC) and the Infrastructure Investments Review Committee (IIRC). The work of the TWGs is aligned with ISA’s mandate of developing a credible pipeline of projects and – in collaboration with the Infrastructure Fund, as well as other infrastructure role-players – determining which projects and programmes can be suitable for either blended, commercial or fiscal funding. ![]() The infrastructure investment projects appraisal and approval process within Infrastructure South Africa (ISA) is supported by eight (8) Technical Working Groups (TWGs).
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