ADNOC announced an ICV program executed from 1st April 2018 which requires that all suppliers of goods or services to obtain ICV certification from the ADNOC ICV Certification Agency and calculate and declare their certified ICV score for the previous financial year, to demonstrate how they are helping to deliver ICV. Suppliers who do not hold the ICV Certificate shall be allowed to participate in the ADNOC Group tenders, but, their ICV score will be considered as “Zero” in the bid evaluation and hence may be at a disadvantage to those with a higher ICV score.
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