Chandigarh Administration Tender

The bid capacity required in the given tender to bid having value is as follows: - For a reserve price of Rs.1,00,00,001/- to Rs.2,00,00,000/-, the Earnest Money Deposit (EMD) is Rs 10,00,000/-. - For a reserve price of Rs.2,00,00,001/- to Rs.3,00,00,000/-, the EMD is Rs 15,00,000/-. - For a reserve price of Rs.3,00,00,001/- to Rs.4,00,00,000/-, the EMD is Rs 20,00,000/-. - For a reserve price of Rs.4,00,00,001/- to Rs.5,00,00,000/-, the EMD is Rs 25,00,000/-. - For a reserve price of Rs.5,00,00,001/- and above, the EMD is Rs 30,00,000/-. No specific formulas are provided for calculating the bid capacity. The bid capacity is directly tied to the EMD amounts based on the reserve price range of the licensing unit. The bid capacity required is essentially the ability to pay the EMD as per the reserve price range of the licensing unit, along with the capability to bid at or above the reserve price.