Qatar begins ICV evaluation in energy sector tenders

Qatar begins ICV evaluation in energy sector tenders

DOHA, 1 hours, 10 minutes

ago



Qatar Petroleum has commenced an In-Country Value (ICV) evaluation in the energy sector tenders through "Tawteen“, the localization program for services and industries in Qatar's energy sector.

The ICV program will alter the way in which the procurement process is conducted in the energy sector, where suppliers and contractors who are contributing most to the local economy will gain a commercial advantage in the competitive bidding process.

The launch follows a six-month grace period that started from January 2020, and which gave suppliers the chance to acquire their ICV Scorecard Certification.

Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said: "The In-Country Value policy is an integral component of the Tawteen program. It will drive the localization agenda in Qatar's energy sector, and will help build the foundations for a highly resilient and competitive supply chain. The implementation of this policy will also go a long way in developing the capabilities of local suppliers as well as in promoting investments for the benefit of the whole energy sector.“

Tawteen has organized seven ICV awareness sessions attended by representatives of various suppliers and contractors providing