Excise And Taxation Department Tender
The Excise And Taxation Department has issued a formal invitation for competitive bids for Tender For Retail Group Licenses Retail Liquor Licenses (patiala Zone, Patiala Range, Distt. Patiala, Nabha Group-2) in Patiala, Punjab, with an estimated contract value of Rs. 41,50,00,000. The bid opening date for this tender is 05-03-2025 and the last date for bid submission is 17-03-2025. Interested bidders for Excise And Taxation Department tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.
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Bid Capacity
The bid capacity required in the given tender to bid having value is specified and includes the following:
- Earnest Money Deposit (EMD): 3% of the reserve price for one group, and for more than one group, 3% of EMD for each group.
- Security Money: 15% of the discovered license fee for a Group.
- Additional Security: In case the discovered license fee/bid exceeds the reserve price of a Group by 20%, then the successful allottee shall be required to deposit an additional security equivalent to 10% of the difference between the discovered license fee/bid and the reserve price.
The formulas for the bid capacity are:
- EMD = 3% of reserve price
- Security Money = 15% of discovered license fee
- Additional Security = 10% of (discovered license fee - reserve price), if discovered license fee exceeds reserve price by 20%
Costs
EMD
₹ 1,24,50,000Document Cost
₹ 5,00,000Tender Fee
₹ 5,900
Description
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Contact
Tender Id
2025_DET_135928_1Bid Award Id
ViewTender No
DNIT-1Tender Authority
Excise And Taxation Department ViewPurchaser Address
-Website
eproc.punjab.gov.in
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