ICV program was pioneered by ADNOC Group in 2018 to foster local businesses and encourage them to contribute effectively to the growth of the local economy. Since then, 5 other participating entities have joined forces with ADNOC to create the unified ICV Program.

Key Aspects of In-Country Value (ICV) Certificate

• ADNOC recommend their suppliers to get their ICV certifications from approved ADNOC. Although noncertificate suppliers can also applied for group tenders their ICV score will consider as zero.
• ICV certificate can only be prepared on the basis of the audit report of the last financial year. But the report should not be older than 2 years.
• The validity period of the ICV certificate is up to 18 months from the date of the issue or from the date of new financial statements.
• Suppliers are required to get their revised ICV certificate within two months after the issuance of new audited financial statements.
• ICV certificate has become almost necessary for each business entity, which intends to participate in tender with ADNOC or with any related party.

We can assist you to align the Company’s records with the requirements of the ICV Program certification. Make sure that supplier wise procurement, recording of payroll, investments etc. is ready retrieval from the system to generate ICV Supplier Template.

Contact us to enjoy our ICV Certification Services