ADV/ADLC Certification
ADV Certification services in Abu Dhabi. We provide cost-effective financial services in Abu Dhabi, Dubai. A year after the Abu Dhabi National Oil Company’s “In-Country Value” Program (ICV) came into force, the Abu Dhabi Department of Economic Development has soft-launched its localization program (“Abu Dhabi Value Program” – ADV Certification Program). It should be noticed that ADV is the second localization program in the United Arab Emirates (UAE). Suppliers engaged in business with Abu Dhabi’s Government Departments will need to familiarize themselves with the ADV certification program keeping in view the significance which the government is putting on UAE’s economic growth and localization.
Similar to other localization programs, ADV focuses on:
- Boosting growth and diversification of Abu Dhabi’s economy
- Creating employment opportunities for Emirati nationals in the private sector (Emiratisation)
ADV certification will affect any party wishing to directly (or indirectly) engage with ADDED. Providers will be asked to submit an ADV Certificate along with their bid. Based on this, it is imperative that suppliers of goods and services make themselves familiar with this new procurement-driven initiative.
ADV score will be determined by combining the ADV Certificate and the ADV Improvement Plan (also referred to as “combined” or “overall score”). It is expected that the ADV Improvement Plan will be weighed higher than the ACV Certificate (e.g. 60% ADV Improvement Plan and 40% ADV Certificate) to stress the significance of the supplier’s future localization commitments.
As in ADNOC’s ICV, the bidder with the best ADV certification overall score will be given the chance to match the best commercial offer. Should the bidder with the best ADV certification score not be able to match this value, the bidder with the second-best ADV score would be asked to match the price, and so forth.