It's adjust CVA from what I gather here. In general, the CVA is simply whatever the PV of the expected credit loss is, to be deducted from trade value. If a counterparty's worthiness decreases, CVA increases. DVA is not adjusted because the worthiness of the company itself has not changed. The bilateral CVA adjustment is for the company's DVA, not the counterparty's.
On a side note, CVA to company does not necessarily = DVA of counterparty.
Are you sure about this?
The method to calculate the CVA/DVA from the quoted market CDS spread is the same