ICV Impact on Procurement


ICV Scorecard
 
  • ICV Scorecard is a historical view based on the latest 12-month audited financial data of the supplier’s spend on the ICV components which are goods, services, training of workforce, supplier development, and investment in fixed asset

  • A pre-approved ICV Certifier must certify the ICV Scorecard

  • ICV Scorecard impact the procurement process as follows:

    1. Bidders shall submit their ICV Scorecard certificate in the bid document.
    2. ICV Scorecard certificate will play a major role in commercial evaluation to determine the winning bidder.


ICV Plan

 
  • ICV plan is a future forecast of how much the bidder is planning to spend on ICV in a particular contract. Bidder sets-out its ICV Plan in tender document as a commitment to be achieved at the end of contract execution.

  • A pre-approved ICV Certifier must certify the ICV Plan at the end of the contract execution. There will be corresponding reward if the winning bidder achieved its commitment.

  • For contracts more than one (1) year duration, the Buying Entity can request a minimum one (1) mid-point review. Mid-point review is a mechanism to monitor ICV Plan progress using ICV Plan Tracker throughout contact duration.

  • ICV plan impact the procurement process as follows:

    1. Bidder shall submit the completed ICV Plan template in the bid document.
    2. The submitted ICV plan will play a major role in commercial evaluation to determine the winning bidder.
    3. For a contract with more than one (1) year period, there will be minimum one (1) review of ICV Plan by the Buying Entity in the middle of contract execution.

Buying entity: is the energy sector company floating the tender to procure goods and services

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To start your ICV certification process, or to contact Tawteen's approved ICV Certifiers, please visit Tawteen's ICV Digital Portal through the following link: icv.tawteen.com.qa