ICV Certification Audit Firm in UAE

Because the certification gives organisations a certain importance during tender evaluations, the introduction of the nationwide In-Country Value programme gives suppliers a great chance to win semi-government and government tenders. In 2021, the ICV certification programme was introduced by the Department of Industry & Advanced Technology-UAE.   

The Ministry of Industry & Advanced Technology (MoIAT) is charged with fostering the efficient and long-term growth of the UAE’s industrial sector, according to the Nationwide In-Country Value Program of the UAE Government.

The programme assesses hiring, investments, and training of Residents, local product and service expenditures, and job creation. The initiative encourages production in the UAE and reroutes consumer spending towards domestic goods and services.                            

Who may submit a request for ICV Certification?

• If a company follows the ICV requirements, it can receive an ICV certificate whether it is domestic or foreign.
• As part of the tender review and award procedure as part of the Federal ICV Program, Tier 1 vendors (suppliers that directly provide services or products to the Program’s Partners) may be obliged to disclose their ICV score. Call us as we are the ICV Certification Audit Firm in UAE.
• In order to participate in tender competitions against Tier 1 suppliers, Tier 2 and lower vendors may also be asked to submit their ICV Certificate.

The goal of the unified ICV programme is to combine the ICV certification procedure into a single ICV certification that suppliers who want to participate in the procurement cycle of the Participating Companies, whether as primary or secondary suppliers, can utilise.

Improving private sector participation, facilitating the diversification of the Gross Domestic Product (GDP), and localising essential supply chain components are the three main goals of the ICV Certificate. In plain English, the amount of the supplier’s expenditure that stays in the UAE or adds to the UAE is computed and regarded as In-Country Value.