The B-BBEE status set upon entities must be verified by an agency who has accredited qualification to carry out such verification. Verification involves verifying and validating that the score and status awarded to a Measured Entity is a result of individual scorecard elements supplied by a Measured Entity, and to evaluate BEE transactions in order to provide an indicative B-BBEE score and Certification based on principles with the Codes of Good practice.

In order to be accredited, verification agencies must conform to the minimum requirements of the Verification Manual and ensure that the necessary standards are maintained and upheld. A report must be issued by the agency to provide detailed scores of each element reflected in the Verification Certificate and the awarded status.  The status will determine the extent to which the company can function in the public and private sector. Companies with a good rating will obviously be able to benefit more from public sector work and procurement policies or as role players further down in the supply chain.