In-Country Value

Frequently Asked Questions

Frequently Asked Questions

The ADNOC In-Country Value program is a procurement-led initiative that aims to help boost ADNOC’s ICV contribution by focusing on local supplier selection, the development of UAE Nationals, and the localization of critical functionalities in the oil and gas industry.
The ICV program is designed to create deep social and commercial benefits that contribute to sustainable economic growth and development. It will promote GDP diversification, create job opportunities for UAE Nationals in the private-sector, and provide local businesses with more opportunities to participate in ADNOC contracts & purchases. As such, everyone in the country will benefit from the program.
The launch of the program means that both existing and potential suppliers will need to complete an evaluation to determine their eligibility for an ICV certificate. This certificate is a demonstration that suppliers are helping to deliver ICV. By selecting qualified suppliers, ADNOC is actively working towards its own In-Country Value targets.
Suppliers should approach the ADNOC appointed certification agency for ICV certification. All required documentation and details that are required by the certifier must be provided by the supplier for the purpose of review and verification.
From January 2018, ADNOC is taking In-Country Value into consideration when selecting suppliers for new tenders. Those suppliers that hold certificates with higher ICV percentage will have an advantage during the tender evaluation process.
In Country Value is defined by the following categories:
  1. Goods and materials – In-Country Value is the level of economic value-add within the UAE during the manufacturing process of goods and materials.
  2. Services – In-Country Value is the combination of economic value-add within UAE for the components under services 
However, ADNOC reserves the right to modify the above ICV definition and measurement mechanisms in future.
ADNOC has implemented the program in early 2018. Suppliers’ ICV score shall be considered during evaluation in all tenders from ADNOC group.
Suppliers will be expected to renew their ICV certificates on an annual basis or as required.
Suppliers that do not have an ICV certification can still participate in ADNOC tenders, but will be considered with 0% of ICV, which eventually will position them as less competitive than suppliers that have the certification.
No. Current contractors and purchase orders will be unaffected by the changes of the ICV program.

 

In-Country Value Overview