I want to bid on an ADNOC or government-linked tender — do I need an ICV certificate?

The In-Country Value program was launched by ADNOC and is now a national program overseen by the Ministry of Industry and Advanced Technology, aimed at directing government and semi-government spending toward the local economy — encouraging localisation, domestic manufacturing, and Emirati employment. The certificate isn't a formality; it's what determines whether a company can even bid on ADNOC and its subsidiaries' contracts, and a growing number of government and semi-government entities now require it, or weight it heavily, when evaluating tenders.

In practice, the company issues audited financial statements prepared under IFRS, completes the standardised ICV template covering items such as local spend, Emiratisation levels, and community investment, and submits both to a certifying body accredited by the Ministry, which reviews the data and may conduct a site visit before issuing the certificate based on the resulting score. The certificate is typically renewed annually alongside each new set of audited financials, so it isn't a one-time step you file away and forget. RASEEKH prepares the underlying financial data and the ICV template in the format the certifying body needs from the start, so you go into tender season with the strongest score possible and no last-minute delays.