Housing Consumers Protection Measures Act, 1998 (Act No. 95 of 1998)

Home Builder Grading System

Chapter Three : Score Calculations

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Based on the Key Performance lndicators in Chapter 2, a performance score shall be calculated in accordance with the following formula:

 

 

Score = 24e-4c + 24e-0.15LE + 12e-NC + 0.4B

 

 

where;

e = base of natural logarithm = 2.72

 

C, LE, NC and B are Key Performance lndicators determined as in chapter 2, paragraphs (a), (b) (c) and (d) respectively. Each of the Key Performances lndicators carries a maximum score of 100.

 

The maximum possible aggregated performance score for a home builder is 100.