Our dedicated team at Elaudtors is focused on helping clients with ICV (In-Country Value) audit services in Dubai, United Arab Emirates. We work closely with accredited organizations to make sure our clients comply with all legal obligations, especially those pertaining to ADNOC (Abu Dhabi National Oil Company) laws. The need that all suppliers to ADNOC submit to ICV audits emphasizes how important it is for the oil and gas sector to follow localization strategies.
ADNOC’s strategic endeavor to promote localization and encourage employment possibilities for Emiratis is exemplified by the In-Country Value project. ADNOC hopes to bolster the UAE’s economy by empowering local talent and keeping vital operations inside the nation’s borders through the promotion of a localization culture.
We assist ADNOC suppliers show that they are committed to the country’s economic growth while simultaneously meeting localization goals through our rigorous ICV audit process. We support the energy sector’s long-term sustainability and resilience in the United Arab Emirates by making sure that suppliers actively promote Emirati worker involvement and investment. At Elaudtors, we take pleasure in assisting our customers in navigating the complexities of ICV audits so they can make a significant contribution to the economic growth of the UAE.
Companies that have successfully completed an ICV Audit and proven their compliance with the ICV Program requirements are granted the official CV (In-Country Value) Certification in the United Arab Emirates. A certified ICV auditor must conduct an ICV Audit on a company in order for it to receive ICV Certification.
All ADNOC suppliers are required by ADNOC’s ICV program to declare their ICV achievement (ICV Certificate). An annual third-party certification of the ICV Certificate numbers is required by ADNOC. These days, ADNOC’s tender evaluation and award procedure includes the ICV assessment as a mandatory component. Every year, one of ADNOC’s Certifying Bodies must conduct a third-party verification of the data in the ICV Certificate.
As one of the leading ICV Certifying bodies in the United Arab Emirates, BMS Auditing provides ICV Certification Services to businesses by evaluating their operations, carrying out ICV Audits, and monitoring their ICV Score in order to conform to national standards and so help the business to a higher degree.
In its attempts to strengthen the UAE’s economy, your company is demonstrating its respectability with the ICV Certification in Dubai. Businesses will stand out from the competition if they bid on government and semi-government opportunities. A copy of the applicant’s National ICV Certificate score will be required during the tender review. The likelihood of winning the tender is reduced for those without the Certificate, as they will default to a score of 0/-.
Still, businesses who choose not to compete with government or semi-government organizations may find the National ICV certificate advantageous. The purpose of the ICV Certificate in Dubai is to stimulate the economy of the United Arab Emirates, with the hope that this will enhance local supply chains. Businesses who obtain this accreditation will experience an increase in demand as more established businesses would consider them as possible suppliers. The reason for this is that the certificate raises the customer’s ICV score.
