Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value includes the following: 1. Earnest Money Deposit (EMD): 3% of the reserve price for one group, and 3% of EMD for each group for more than one group. 2. Participation fee: Rs. 5,00,000 (non-refundable) per group. 3. Security deposit: 15% of the discovered license fee for a group, to be deposited in the specified manner. 4. Additional security: 10% of the difference between the discovered license fee/bid and the reserve price, if the discovered license fee/bid exceeds the reserve price by 20%. The formulas are: - EMD = 3% of reserve price - Security deposit = 15% of discovered license fee - Additional security = 10% of (discovered license fee - reserve price), if discovered license fee > 1.2 * reserve price Note that other pricing structures are mentioned, but they appear to be related to different aspects, such as rates per BL for certain amounts.