Excise And Taxation Department Tender

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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.

Excise And Taxation Department Tender

Services
Eprocure
Opening Date5 Mar 2025
Closing Date17 Mar 2025
Tender Amount₹ 41,50,00,000 

AI Insights

Technical
Financial
Bid Capacity
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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

    ₹ 1,24,50,000
  • Document Cost

    ₹ 5,00,000
  • Tender Fee

    ₹ 5,900

Description

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