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Indian Oil Corporation Limited
Research & Development Centre
EXPRESSION OF INTEREST (EoI)
Purchase of Technology License for Production and Marketing of Bitumen and
Bituminous Products
IndianOil R&D invites bitumen and bituminous products manufacturers to express their Interest
to purchase licenses for the IOCL’s bitumen technologies for manufacturing and marketing of
Cationic Bitumen Emulsions-- RS, MS & SS grades, Polymer Modified Bitumen and Viscosity
grade Bitumen,VG40 under IOCL brand name. Interested parties, who wish to purchase
technologies for the production and marketing of bitumen and bituminous products may respond
with details in a sealed envelope to Dr. S.S.Ray, Chief Research Manager, IOC R&D Centre,
Sector-13, Faridabad, India-121007(email: [email protected]) by 17:00hrs of
19th
December 2014.
Details about the products, Qualification criteria and documents/forms to be furnished can be
downloaded from IOCL website: www.indianoiltenders.com.
INDIAN OIL CORPORATION LIMITED
Research & Development Centre, Faridabad
This document contains 11 pages including this page.
The EoI document duly completed and signed should be submitted in a sealed cover super
scribing: Expression of Interest - “Purchase of Technology Licenses for the Production
and Marketing of Bitumen and Bituminous Products”. The applicant shall mention on the
sealed cover Individual’s/Company’s/Institution’s name, phone numbers & name of contact
person.
The EoI document from the applicants/parties should be addressed to Dr. S.S. Ray, Chief
Research Manager (CC&PP), Indian Oil Corporation Ltd., Research & Development Centre,
Sector-13, Faridabad-121007 (Haryana), India, email: [email protected], Phone no. 0091129-2294286 or 09999113964; to be received at IOC R&D Centre, Faridabad, by 17:00
hours of 19th December 2014.
Party who needs any further clarifications or queries may contact the above nodal officer from
IOC R&D Centre, Faridabad. However, the EoI proposals of the parties should be received in
appropriate manner in a sealed envelope well within the stipulated due date.
Important Note:
IOCL has the sole discretion to qualify or accept the EoI and reject the proposal without
assigning any reason whatsoever.
This advertisement does not constitute and will not be deemed to constitute any commitment on
part of IOCL to license the bitumen technologies
This advertisement confirms neither the right nor an expectation on any party to participate in
the proposed tender.
IOCL reserves the right to accept/reject any offer at any stage of the process and/or modify the
process or any part thereof or to vary terms at any time without giving any reason
Bitumen Technologies for Licensing
Technologies for the production of Cationic Bitumen Emulsion, Polymer Modified Bitumen-PMB
and Viscosity grade Bitumen VG40 have been developed by IOC R&D Centre using Bitumen
VG10 as base bitumen. These technologies are cost effective, offer higher performance and
meet BIS/IRC specifications.
1) Cationic Bitumen Emulsion
Indemul is the improved formulation of Indemul-cationic bitumen emulsion developed by
IndianOil R&D Centre and Indemul meets the requirements of IS: 8887.
Advantages:
• Cost effective in production with respect to solvent and use of single emulsifier for the
preparation of all the three types of emulsifiers RS1, RS2 and MS.
• Approximately 30% reduction in solvent content makes Indemul Super environment friendly
binder
• Excellent Bonding with aggregate
• Excellent moisture resistance
• Energy saving as no heating is required
Applications:
Type of Emulsion
Applications
Rapid Setting 1 (RS 1)
Specially designed for strong tack coat, penetration
macadam and sand seal purposes
Rapid Setting 2 (RS 2)
Used for penetration macadam, grouting and
surface dressing
Medium Setting Emulsion (MS )
Medium setting emulsion used for plant or road
mixes, pot hole filling patch work and premix carpet
with coarse aggregates
Slow Setting Emulsion 2 (SS 2)
A slow setting emulsion used for plant or road
mixes with graded and fine aggregates
2) Polymer Modified Bitumen
The polymer modified bitumen is one of the IndianOil’s state-of-the-arts road binders. This
premium product is produced from a reactive polymer where bitumen molecules are chemically
bonded with polymer thereby imparting excellent stability to binder and strength to pavement.
IOC R&D Centre has developed two grades of this polymer modified bitumen namely PMB40
and PMB70 meeting prevalent specifications are: 15462:2004 & IRC SP 53:2010.
Advantages:
•
It is a reactive Polymer Based Polymer Modified Bitumen resulting excellent storage stability
and adhesiveness
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The product is manufactured without milling operation
•
Stronger and more durable overlays in the areas of extreme climatic conditions and highly
stressed roads with heavy traffic loads
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Optimizes cost/service life and reduces maintenance frequency
Cost effective product
Excellent resistance to rutting, fatigue cracks, low temperature cracks and binder stripping
due to moisture
Higher resistance to deformation at elevated pavement temperatures
Applications: The PMB is used for
• Wearing course
• Surface dressing
• Stress absorbing membranes (crack sealing)
• Stress absorbing membrane interlayer
• Base course
• Thin overlays
3) VG40 Bitumen
VG40 developed by IOC R&D Centre by additizing base bitumen, VG10. No blowing operation
is involved in the manufacture of VG40 bitumen hence the base bitumen retains its ductility and
adhesion.
Features:
• The product obtained directly by additizing VG10 bitumen
• Fully meets IS 73:2013 specifications
• Higher resistance to rutting and fatigue
Applications:
VG40 bitumen is the hardest of all the paving grades and can withstand very heavy traffic loads.
Due to its higher viscosity, stiffer bitumen mixes can be produced to improve resistance to
shoving and other problems associated with higher temperature and heavy traffic loads and
recommended for:
• Highly stressed areas like near Toll Booth, Intersections & Truck Parking
• Very heavy traffic volume roads in coastal cities
Who Can Apply:
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Private or Public sector companies
Joint-Ventures companies of public sector companies
National or International institutes/companies
Pre-Qualification Criteria
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The party must have existing operational plant and allied infra-structure for the production,
product quality testing and marketing of bituminous products including modified bitumen and
bitumen emulsion.
The bitumen plant should be of at least 1000(thousand) tons per annum capacity and the
party should provide their plant details including production facilities
The party must have at least two years of operational experience and the plant and infrastructure of the manufacturing facility must be of international repute with ISO or equivalent
certification.
The party should have the annual turnover of over Rs 5.0 crores (Rupees Five crores) and
should provide the audited financial accounts for the last two years
The party must source base bitumen from Indian Oil Corporation Ltd or may follow the
hospitality practice of Public Sector OMCs.
The party should agree to sign of Non-disclosure and confidentiality agreement.
The party should agree for quarterly audit of their plant and products quality either by IOCL
or by a third party
The party should indemnify IOCL against any complaint of quality failure and claims thereof.
The party should agree to pay licensing fee for each technology, if qualified; Minimum
reserve price is Rs 50lakh (Rupees fifty lakhs) per technology.
The party should agree to pay royalty (2% of sale value of the product) on quarterly basis
and should also agree to furnish bank guarantee against royalty for one year operation, if
qualified
The party should agree to sell licensed products only under the brand names of IndianOil
INFORMATION & INSTRUCTIONS FOR APPLICANTS
GENERAL:
All offers should include a covering letter listing the various enclosures being submitted by the
applicant. Importantly, Form A, Form B, Form C and Form D should be filled and duly
signed by Propertier of the Company or its Authorized Official.
If for any reason, information is provided in a separate sheet, this fact should be mentioned
against the relevant point. Even if no information is to be provided, a ‘nil” or “no such case” entry
should be made. If any particulars/query is not applicable in case of the applicant, it should be
stated as “not applicable”. The applicants are cautioned that not giving complete information
called for or not giving it in clear terms or deliberately suppressing the information may result in
the applicant being summarily disqualified. The applicant should sign each page of the
application. Applications made by fax / email and those received late will not be entertained.
Overwriting should be avoided. Correction, if any, should be made by neatly crossing out,
initialing, dating and rewriting. Additional sheets, if any added by the party, should also be
numbered. They should be submitted as a package.
Information furnished by the applicant found to be incorrect either immediately or at a later date,
would render him liable to the termination of the contract.
The EoI document duly completed and signed should be submitted in a sealed cover
superscribing: Expression of Interest - “Purchase of Technology Licenses for the
Production and Marketing of Bitumen and Bituminous Products”. The applicant shall
mention on the sealed cover Company’s name, phone numbers & name of contact person. The
EoI should be addressed to Dr. S.S. Ray, Chief Research Manager (CC&PP), Indian Oil
Corporation Ltd., Research & Development Centre, Sector-13, Faridabad-121007, India, email:
[email protected], Phone no. 0091-129-2294286; to be received at IOC R&D Centre,
Faridabad by 17:00 hrs of 19th December 2014.
Parties needing any further clarifications or queries may contact the above nodal officer from
IOC R&D Centre, Faridabad. However, the EoI proposals of the parties should be received in
sealed envelope well within the stipulated due date.
Party can purchase more than one product
DEFINITIONS:
In this document the following words and expressions have the meaning hereby assigned to
them.
IOCL or IOC R&D means Indian Oil Corporation Ltd., R&D Centre, Sector-13, Faridabad.
Applicant means the Proprietary Firm, Firm in Partnership, Limited Company Private or Public
or Corporation.
Party also means the Proprietary Firm, Firm in Partnership, Limited Company Private or Public
or Corporation which is participating in the EoI and will be awarded the work.
FINAL DECISION MAKING AUTHORITY
IOC R&D reserves the right to accept or reject any application and reject all applications at any
time, without assigning any reason or incurring any liability to the applicants.
PROPOSED PLAN FOR LICENCING OF BITUMEN AND BITUMINOUS PRODUCT
TECHNOLOGY:
The particulars of the plan given under Terms and Conditions/ Information & instructions are
liable to change and must be considered only as advance information to assist the applicant.
The applicants should also note that the tenders for “Purchase of Technology Licenses for
the Production and Marketing of Bitumen and Bituminous Products” shall be issued
SEPARATELY to the qualified parties.
7.0 TENDER SUBMISSION
All applicants to note that this EoI is not a commercial tender document and parties are
advised not to offer their prices or include any such financial aspect with the response to
EoI. After evaluation of Expression of Interest, a list of successful applicants/parties will be
prepared. However, the final selection of the party will be through tendering process.
8.0 AWARD CRITERIA
The prequalification criteria for the “Purchase of Technology Licenses for the Production
and Marketing of Bitumen and Bituminous Products” have been mentioned in this
document under Pre-qualification Criteria. Thus, parties are requested to submit Forms A, Form
B & Form C and also duly fill Compliance chart, Form D.
Parties may be asked to make presentation if required, based on above parameters at IOC R&D
Centre for further discussions & clarity and the party has to agree for the visit of representatives
of IOC R&D to their facilities for assessment & verification, if required.
After assessment & verification, only the qualified parties will be asked to participate in the
further tendering process including bidding for license fee. Reserved License fee for each
Technology is Rs. 50 lakhs. Please note Parties will be asked to bid for each technology
license. Maximum bidder for each technology license will be awarded the license. Rest of the
parties must match the highest bidder for obtaining the respective technology license.
IOCL reserves the right, without being liable for any damages or obligation to inform the
applicant to:
• Amend the scope and requirements of the EoI and tendering process
• Reject any or all of the applications without assigning any reasons.
•
Match the royalty of highest bidder
FORM “A”
Selection of License for Bitumen Technology
(Please select technology)
S.No.
1
Bitumen
Technology
Bitumen emulsion
Option
(Please select by )
Signature
Yes
No
2
Polymer modified
bitumen
Yes
No
3
Viscosity grade
bitumen(VG 40)
Yes
No
Signature of Applicant (s)
FORM
‘B’
FINANCIAL INFORMATION
Financial Analysis – Details to be furnished duly supported by figures in balance sheet/profit &
loss account for the last two years duly certified by the Chartered Accountant, as submitted by
the applicant to the income Tax Department (Copies to be attached)
Financial Years
2012-13
2013-14
(i) Gross Annual turnover.
(ii) Annual expenditure
(iii) Profit/Loss
(iv) Financial arrangements for carrying out the proposed work.
(v) The following certificates are enclosed:
(a) PAN and TAN Nos.
(b) PF, ESI & Service Tax Registration
Signature of Applicant (s)
Signature of Chartered Accountant with Seal
FORM
‘C’
Following documents/affidavit should be submitted:
1. Copy of plant license obtained from Government
2. Copy of proof for capacity of plant
3. Affidavit covering the following:
a) Purchasing base bitumen only from IOCL and will purchase from other parties
only if it is certified by IOCL that bitumen is not available
b) Permission for Due diligence of the bitumen plant by IOCL or its
representatives
c) Willingness for periodic plant audit by IOCL or its representatives
d) Providing third party quality certificate of each product every three months
e) Agreement for selling licensed product under IOCL brand name
f) Willing to sign secrecy agreement
g) Willing to pay bank guarantee against royalty amount of 2% of annual sales
value for the previous financial year, 2013-14.
Signature of Applicant (s)
FORM “D”
Compliance chart
S.No.
Pre-qualification Criteria
Compliance
(Please select by )
1
The party must have existing operational plant and
allied infra-structure for the production, product Yes
quality testing and marketing of bituminous
products including modified bitumen and bitumen No
emulsion
2
The bitumen plant should be of at least
1000(thousand) tons per annum capacity and the Yes
party should provide their plant details including
production facilities
No
3
The party must have at least two years of
operational experience and the plant and infra- Yes
structure of the manufacturing facility must be of
international repute with ISO or equivalent No
certification.
4
The party should have the annual turnover of over
Rs 5.0 crores (Rupees Five crores) and should Yes
provide the audited financial accounts for the last
two years
No
5
The party must source base bitumen from Indian Oil
Corporation Ltd or may follow the hospitality Yes
practice of Public Sector OMCs.
No
6
The party should agree to sign of Non-disclosure
and confidentiality agreement.
Yes
No
7
The party should agree for quarterly audit of their
plant and products quality either by IOCL or by a Yes
third party
No
8
The party should indemnify IOCL against any
complaint of quality failure and claims thereof.
Yes
No
9
The party should agree to pay licensing fee for each
technology, if qualified; Minimum reserve price is Yes
Rs 50lakh (Rupees fifty lakhs) per technology.
No
10
The party should agree to pay royalty ( 2% of sale
value of the product) on quarterly basis and should Yes
also agree to furnish bank guarantee against
royalty for one year operation, if qualified
No
11
The party should agree to sell licensed products
only under the brand names of IndianOil
Yes
No
Signature of Applicant (s)

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