Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is related to the Earnest Money Deposit (EMD) and Security. The EMD is 3% of the reserve price for one group, and for more than one group, it is 3% of EMD for each group. The Security is equivalent to 15% of the discovered license fee for a Group. Formulas: - EMD = 3% of reserve price for one group - EMD for multiple groups = 3% of EMD for each group - Security = 15% of discovered license fee for a Group - Additional Security = 10% of (discovered license fee/bid - reserve price) if discovered license fee/bid exceeds reserve price by 20% Additionally, the bid should be submitted in the format specified, and the e-bid quoted by the Bidder shall remain firm during the entire tender process. The bid capacity is also influenced by the reserve license fee for the group and the quoted license fee, as specified in the PRICE SCHEDULE template. However, specific details regarding the value of the bid capacity are not explicitly outlined, but rather are tied to the formulas and rules provided for filling out the financial quote and submitting the bid.