In-Country Value FAQs

In-Country Value FAQs

A certificate which measures the contribution of the company towards the local economy.

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The United Arab Emirates aims to diversify the local economy, strengthen supply chains, increase Emiratization in the private sector and transfer technology knowledge to the local companies.

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The two programs differ in terms of implementation in tenders, but all programs, including the Abu Dhabi Local Content Program which applies to government and semi-government tenders, will require one certificate which is the ICV 3.0.

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No, the ICV certificate is not limited to company size.

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There are currently 10 authorized certifying bodies (CBs) who issue ICV certificates based on their evaluation.

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This is not possible as all the criteria and forms used for the account have been standardized among all the certifying bodies.

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Audited and approved financial statements, along with other requirements requested by the certifying bodies.

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The certificate is issued between 3-15 business days if the financial statements are ready and approved, depending on the size of the company.

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The prices for the ICV certificates are not fixed and may vary from one certifying body to another, as such the ICV certificate platform allows the applicant to receive quotations from all the certifying bodies.

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The validity of the certificate is 14 months from the date of issuance of the company’s financial statements.

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ICV certification is a requirement for all companies operating in Abu Dhabi that wish to apply for governmental and semi-governmental procurements. The ICV factor accounts for 40% of the financial evaluation.

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All government and semi-government entities in Abu Dhabi require an ICV certificate for their procurements.

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Applying for an ICV certificate is optional for entities wishing to enter procurements in Abu Dhabi, however during the financial evaluation, their ICV score will be counted as zero (0) in case an ICV certificate is not submitted.

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Principal companies looking to win procurements in the Emirate of Abu Dhabi are more likely to direct their purchases to companies who obtain an ICV certificate in order to better their personal ICV score.

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Currently, under the Abu Dhabi Local Content Program, there is no ICV improvement plan for the tender process.

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Yes, free zone companies can obtain an ICV certificate.

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The grade is evaluated based on the financial statements and there is no minimum score for participation in the tenders.

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Yes, the certificate can be used by all companies, wherever they are, to participate in government tenders under the Abu Dhabi Local Content Program

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ICV 3.0 is the standard certification which will be requested by all participating government entities for their purchases/procurements. ICV 2.0 is the older version of the ICV certificate which was used by ADNOC for their purchases.

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Branches can be combined if they exist in one Emirate, and if their activities are identical. As for branches in different Emirates, a certificate must be issued for each license.

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