Chandigarh Administration Tender

The bid capacity required in the given tender to bid having value is based on the Earnest Money Deposit (EMD) which varies according to the reserve price of the Licensing Unit. The EMD required for placing the e-bids is as follows: - For reserve prices between Rs.1,00,00,001/- and Rs.2,00,00,000/-, the EMD is Rs 10,00,000/-. - For reserve prices between Rs.2,00,00,001/- and Rs.3,00,00,000/-, the EMD is Rs 15,00,000/-. - For reserve prices between Rs.3,00,00,001/- and Rs.4,00,00,000/-, the EMD is Rs 20,00,000/-. - For reserve prices between Rs.4,00,00,001/- and Rs.5,00,00,000/-, the EMD is Rs 25,00,000/-. - For reserve prices of Rs.5,00,00,001/- and above, the EMD is Rs 30,00,000/-. Additionally, a non-refundable/non-adjustable participation fee of Rs. 2,00,000/- (inclusive of GST, if any) is required. No specific formulas are provided for calculating the bid capacity.