In-Country Value

Information for Suppliers

Information for Suppliers

ADNOC’s In-Country Value (ICV) program has been implemented since the beginning of 2018, and offers suppliers new opportunities to conduct business with ADNOC Group.

From early 2018, both existing and current suppliers are strongly encouraged to undertake an ICV evaluation and certification process to attain an ICV certification. The evaluation will examine the capabilities of your business within UAE in areas including:

•    Export of goods manufactured in the UAE
•    Third party spend (Procurement of goods and Sub-contractors)
•    Local investment
•    Emiratization of workforce
•    Expatriate contribution

The certification will verify these capabilities.

As we enter the next phase of ICV implementation, ADNOC is going ahead with planned enhancement to the ICV calculation. Modifications to the ICV calculation includes considering a supplier’s future plans to increase ICV of its operations for tender evaluations.

Suppliers are expected to complete the Supplier Submission Template and approach one of the ADNOC empaneled certification bodies to obtain their ICV certificates. Suppliers can refer to Supplier Submission guidelines for assistance in completing the submission documents. ADNOC will consider ICV certification during the tender evaluation process.

While it is not compulsory to hold an ICV certificate to participate in ADNOC Group tender, suppliers that have an ICV certificate will have advantage during the tendering process. (Suppliers without the certificate will be considered to have 0% ICV).

ADNOC is holding a number of workshops to educate suppliers about its ICV program. Further details regarding these workshops will be issued in due course.

Supplier Submission Template – Effective from 1st November 2018
Download

ADNOC ICV Presentation
Download

ICV Payment Mechanism presentation
Download 


For more information, visit the Frequently Asked Questions page or contact the ADNOC Group Procurement team.

 

In-Country Value Overview