EXPRESSION OF INTEREST (EOI)

Indian Oil Corporation Ltd. Marketing Division Head Office, IndianOil Bhavan, G-9, Ali Yavar Jung Marg,
Bandra (East) Mumbai 400051 invites sealed Expression of Interest (EOI) in prescribed proforma from
parties with sound technical & financial standing and fulfilling the qualifying requirements stated
hereunder:

1. EOI
HO/RS/EOI/WSA/2021-22/01
Reference
EXPRESSION OF INTEREST (EOI) FOR EMPANELMENT OF PARTIES TO
2. Name of DEVELOP, OPERATIONALISE AND MAINTAIN NON-FUEL FACILITIES AT
the EOI HIGHWAY WAYSIDE AMMENITIES (WSA) OF INDIAN OIL HIGHWAY RETAIL
OUTLETS.
3. Download
10.01.2022 @ 11.00 hrs to 27.01.2022 @ 15.00 hrs.
Period
17.01.2022 @ 11.00 hrs
The pre-bid meeting will be on virtual platform mode through
WebEx/Zoom/Teams, etc. Link for pre-bid meeting shall be as under:
https://us02web.zoom.us/j/88382671912?pwd=dTFIdnhTaUNtallzcjUxM
nl1ZTk2UT09
Meeting ID: 883 8267 1912
Passcode: 693274
Any change in meeting particulars shall be communicated through
4. Prebid
corrigendum on eTenders portal.
Meeting

Bidder (s)/Applicants are requested to send soft copy of their queries /

clarifications well in advance through email to akabre@indianoil.in or
uploaded in eTender portal before 16.01.2022 @ 15.00 hrs. Any queried /
clarification sent post aforementioned time may not be considered.

The clarifications shall be uploaded in the portal by IndianOil and shall be

forming part of the EOI document.
5. EOI
10.01.2022 @ 11.00 hrs to 27.01.2022 @ 15.00 hrs.
Submission
Last Date &
6. Time for
27.01.2022 @ 15.00 hrs.
Submission
of EOI
Date &
Time for
7. 28.01.2022 @ 15.00 hrs.
Opening of
EOI
Duration of The empanelment will be valid for a period of 3(three) years. However, it
7.
empanelme may be further extended for one more year at IndianOil’ s sole discretion at
nt the same terms and conditions.
 IOCL may undertake perpetual empanelment of additional parties on
periodic basis as per terms and conditions of EOI.
Procedure Screening of the EOI as per eligibility conditions based on soft copies
8. for documents submitted by the Applicants. Evaluation and shortlisting of
Empanelme Applicants based on the qualification criteria mentioned hereafter and
nt documents submitted.
Mr. Amit Kabre, Chief Mgr. (Retail Transformation)
9. Contact
Tel: 022 26447093
Person
Email: akabre@indianoil.in

Mr. Aditya Kesri, Mgr. (Retail Transformation)

Tel: 022 26447599
Email: kesria@indianoil.in

10. PRE-QUALIFICATION CRITERIA(PQC) / SCREENING CRITERIA

Note: Definition of terms annexed at Annexure-01 of tender document.

To be eligible for empanelment, Party/ies must meet the following requirements, both in isolation
and conjunction.

A. TRACK RECORD:
a) The Party should have/has had, multi-brand operations at minimum 3 locations across
India.
b) At least one of the above operations must have generated an average annual revenue of
minimum ₹ 5.4 Cr. in any of the last four preceding Financial Years or in the first six months
of the current FY.
OR
At least one the above operations is a multi-brand Wayside Amenities (WSA) located at a
National Highway/Access Controlled Expressway, having generated an average annual
revenue of ₹ 3.6 Cr. for any of the last four preceding financial years.
Note: Revenue as defined above refers to what is understood as “gross revenue” i.e.
financial benefits accrued before subtracting cost of goods sold or cost of sales. Revenue
must be recognized as per International Financial Reporting Standards (IFRS15) or INDAS
115.

Party should provide a certificate from the Statutory Auditor substantiating the track record in the
format prescribed at Annexure-02. The multi-brand operation to be corroborated with copy of
the agreement entered with the brand/s or any other documentary proof to substantiate the
projects stated by the Party, duly certified by a Statutory Auditor. In case of House Brands, copy
of the brand registration certificate duly certified by statutory auditor to be provided.

B. SCALE/FINANCIAL ELIGIBILITY:
a) Party must have generated a revenue of at least ₹ 16.20 Cr. from the Retail/ F&B/
Entertainment business in India in any of the last four preceding Financial Years or in the
 first six months of the current FY.
b) Party must have a total Net Worth of at least ₹ 25.00 Cr., or equivalent amount in foreign
currency (as of balance sheet dates), in any of the last four preceding Financial Years.
In case of credentials in foreign currency, the same shall be converted to INR/₹ by bidder
based on SBI TT selling rate as of 10:00 AM on the date on which the Balance Sheet was
prepared.
Net Worth is defined as Total Assets minus (-) Total Liabilities.

Scale/Financial Eligibility criteria shall be supported by certification from Statutory Auditor stating
the revenue and Net Worth in the format prescribed at Annexure-02.
For bids from Joint Venture/Consortium, the financial statements must be of a consolidated
nature, encompassing the entirety of operations of the single new legal entity or all the member
entities together.

C. ORGANIZATION TYPE:
a) Company, Limited Liability Partnership, Partnership firm, Proprietorship, JVs, Consortium of
partners may participate in the EOI. Bids from only Indian bidders shall be considered, subject
to the following conditions:
i. Any bidder, currently on holiday list by Indian Oil Corporation or its Administrative
Ministry shall not be accepted.
ii. No bidder shall submit more than one BID for the Tender.
iii. Any bidder (a Company/a Limited Liability Partnership/ a Partnership firm/ a
Proprietorship or as a member of a Joint Venture/Consortium) shall not be entitled to
submit another BID either individually or as a member of any other bidding entity, as the
case may be.
b) For Joint Venture/Consortium
i. In the case of a Joint Venture/Consortium the total number of members, including the
Lead Member, shall not exceed three (03). The JV/Consortium, further, must declare the
Lead Member, representing the entity.
ii. In case of Bid submitted by JV / Consortium, the Pre-Qualification Criteria (PQC) can be
fulfilled collectively by the partners of the JV/Consortium.
iii. The bid shall be signed by legally authorized signatories of all partners of JV/Consortium.
iv. The Lead Member shall be authorized to incur liabilities and to receive instructions for
and on behalf of the partners of the Joint Venture/Consortium and entire execution shall
be carried out exclusively through the Lead Member. A Statement to this effect should be
included in the Joint Venture / Consortium Agreement.
v. Irrevocable Power of Attorney, duly executed and signed by legally authorized signatories
of all the Member(s), authorizing the Lead Member to submit Bid, negotiate and conclude
Contract and incur all liabilities therewith on behalf of the Member(s) of the JV /
Consortium during the bidding process shall be submitted.
vi. All the members of the JV/Consortium shall certify that they have not been holiday listed
or debarred by Indian Oil Corporation or its Administrative Ministry and provide individual
undertakings as per Annexure-08.
vii. Note on authorized signatories: In case of Consortiums, signatures of legal representatives
of ALL the parties will be required. In case of Joint Venture, signature of the legal
representative of the majority shareholder is required. In case no majority shareholder
exists, signatures of legal representatives of shareholders that make up at least 51% of
the common equity of the joint venture is required.
 c) List of Documents to be submitted in support of organization type:
i. PAN
ii. GST registration certificate
iii. Copies of Articles of Association/ Partnership Deed/ Memorandum of
Understanding/ Certificate of Incorporation in case of Limited Company/
Proprietary Firm/ Partnership Firm/ JV.
iv. For JV/Consortium - Irrevocable Power of Attorney duly executed and signed by
legally authorized signatories of all the partners, authorizing the Lead Partner.

11. Evaluation of EOI:

Evaluation of the Applicants shall be done on basis of scrutinising of the Applications as per Pre-
qualification criteria/ Screening Criteria as specified above, based on the documents submitted.
Bidders shortlisted shall be required to get documents submitted against Pre-qualification criteria/
Screening Criteria verified against originals prior to empanelment. Date and place of verification shall
be informed separately.

12. Other documents/declarations to be submitted by the applicants/bidders

a) Power of Attorney:
Authority of the person uploading the bids with his DSC shall be required to be submitted
in the bids. Document required showing the authority of the person uploading &
submitting the bid with his Digital Signature Certificate shall be as given in the following
table.
a) In case of Proprietary Concern
If the bid is submitted by the proprietor, no POA required. However, he will upload
undertaking certifying that he is sole proprietor.
If the bid is submitted by person other than proprietor, POA authorizing the person
to submit bid on behalf of the concern.
• In case of Company
Certified copy of Board Resolution authorizing the person submitting the bid on
behalf of the company.
OR
POA and the supporting Board Resolution authorizing the person submitting the bid
on behalf of the company.
• In case of Partnership Firm / LLP
POA along with Deed of Partnership / LLP Agreement.
• In case of Co-Operative Society - Copy of resolution passed as per Society Rules.
• In case of joint venture/ consortium - Irrevocable Power of Attorney duly executed
and signed by legally authorized signatories of all the partners, authorizing the Lead
Partner to submit Bid, negotiate and conclude Contract and incur all liabilities
therewith on behalf of the Partner(s) of the JV / Consortium during the Bidding
Process.
b) Details of Applicants for Empanelment ((to be filled and uploaded by the bidders on their
letterhead) – Annexure-05
c) Declaration of relationship with directors of IOCL as per the format attached. – Annexure-
06
 d) Declaration regarding Details Of Employing Retired Director/s Of IOCL. – Annexure-07
e) Declaration of Blacklisting as per the format attached. – Annexure-08
f) Proforma for Declaration on NCLT/NCLAT/DRT/DRAT/COURT Receivership/Liquidation) as
per format attached – Annexure-09
g) Undertaking by The Bidder/s as per format attached. – Annexure-10

13. TERMS AND CONDITIONS FOR THE EOI

13.1. The empanelment will be valid for a period of 3 (Three) years. However, it may be further
extended for one more year at Indian Oil’s sole discretion at the same terms and conditions.
13.2. The entire set of EOI document along with the documents mandated must be upload on the
IndianOil e tender portal - https://iocletenders.nic.in in response to this EOI.
13.3. Notwithstanding any other condition/provision in the EOI documents, bidders are required to
submit complete documents pertaining to PQC. Failure to meet the PQC will render the bid to
be summarily rejected.
13.4. IOCL reserves the right to complete the evaluation based on the details furnished by the bidder,
with or without seeking any additional supporting documents/clarifications.
13.5. The Expression of Interest format may be downloaded from https://iocletenders.nic.in and
information filled in the space provided.
13.6. Only those applications complete in all respects will be accepted for further scrutiny.
13.7. The application once submitted will be considered final and any subsequent changes/additional
information will not be entertained.
13.8. IndianOil will not be responsible for delayed receipt of the documents at its end for any reason
whatsoever.
13.9. Bidder cannot make any claim against IOCL towards its expense incurred in connection with the
preparation and delivery of their bids, site visit, participating in the discussion and other expenses
incurred during bidding process.
13.10. Submission of authentic documents is the prime responsibility of the bidder. Wherever IOCL has
concern or apprehension regarding the authenticity/ correctness of any document, IOCL reserves
a right to get the documents verified from issuing authority/ any relevant source. If documents
(part or full) are found forged such offers will be summarily rejected and may be debarred from
future tenders.
13.11. Names of the parties selected after the empanelment process will be hosted on our website on
completion of all formalities. No correspondence on the above subject will be entertained.
13.12. Indian Oil Corporation Ltd. reserves the right to reject any or all applications without assigning
any reason(s) thereof. Decision of IOCL, in this connection shall be final & binding on all bidders.

Signature Not Verified

Digitally signed by A Ravi
Date: 2022.01.07 14:20:17 IST
Location: Indian Oil Corporation Ltd-IOCL