Since then, Aldar Properties and Abu Dhabi Ports are also been a part of the unified ICV certification process.
The unified ICV program aims to consolidate the ICV certification process in a single ICV certificate that can be used by a supplier who intends to be part of the procurement process of the Participating Entities, whether as a primary or secondary supplier. This means that ADNOC, Aldar, Economic Department, Abu Dhabi Ports suppliers will have ICV Certificates given by an ADNOC, Aldar, Economic Department, Abu Dhabi Ports empanelled Certifying Body. Suppliers who don’t possess ICV Certification will be allowed to participate in ADNOC, Aldar, Economic Department, Abu Dhabi Ports Group tenders; However, their ICV Score will be considered as “Zero” in the bid evaluation. An ICV certification needs to be obtained for each legal entity, which intends to participate in tender with ADNOC, Aldar, Economic Department, Abu Dhabi Ports or any of its group entities. ICV Certification will be readied based on last audited budget statements, which will not be older than 2 years from the certification year. ICV certification shall be valid for 18 months from the date of the initial issue or once a new set of financial statements are issued (whichever is earlier). The supplier shall be responsible to have the revised ICV certificate within 2 months of the issuance of audited financial statements.
