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Technology & Licensor Selection

Abstract


Fluor has extensive experience assisting clients in evaluating process technology options and selecting licensors. We develop an appropriate evaluation plan and prepare and issue inquiry documents to the licensors based on the client’s specific project requirements. We understand confidentiality concerns of both the client and licensor and sign agreements with both parties to protect intellectual property.

Evaluation criteria vary depending on the scope of the project, but may include:

  • Technology Readiness Assessment for novel technologies not yet commercially demonstrated

  • Knowledge of potential licensors of commercially available technologies

  • Compatibility with available feedstocks

  • Availability of complementary technologies

  • HSE and sustainability considerations

  • Potential sourcing of key components and transportation logistics of same to project site

  • Licensor track record

  • Licensor existing relationships with Fluor and the client

  • Licensor support presence in geographic area

  • Licensing fees / development costs

  • Licensor financial liquidity

After receipt of the qualifications of each technology licensor, we use a Kepner-Tregoe (KT) Analysis to evaluate the information from each technology licensor. We then work with the client to select the licensor for the project. Once the contract is signed, Fluor and the client determine how the interface with the licensor is conducted.

Client Benefits


Fluor is a technology neutral company working with the industry's leading technology licensors. Our neutral relationship with industry suppliers helps support clients' project needs. Benefits of our relationship with suppliers include:

  • Selection of the technology licensor based on fair evaluation of technology licensor qualifications

  • Management of the technology licensor's performance by Fluor

  • Definition of licensor deliverables early in the project

  • Ensuring that the technology licensor schedule interfaces with the project schedule support engineering deliverables