The ADNOC implemented the In-Country Value(ICV) addition program to help local vendors & suppliers in UAE. Due to its positive impact on the nation’s economy, several ADNOC ICV certification agencies have sprung up all over the UAE. These agencies help suppliers and vendors obtain a valid ICV certificate. ICV certification acts as an assurance that the ICV score on their certificate is authentic & genuine.
What is ICV certificate?
ICV certificate issued by an ADNOC ICV certification agency acts as assurance regarding the supplier’s ICV score. Moreover, a brief look at ICV certificate sample will help you understand the details needed to obtain such certificate. To calculate ICV score, the agency will need full access to the supplier’s financial history & understand what value they add to the economy.