Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is specified in the PRICE SCHEDULE template. The bidder needs to quote a license fee for the group in Rs. Crores, with the quoted license fee being equal to or higher than the reserve license fee for the group. The formulas or specific values required for the bid are: * The bid price shall be in Indian Rupees. * Any conditional bid will be rejected. * If there is a discrepancy between words and figures, the amount in words will prevail. * If there is no bid quoted or the bid is less than the reserve price of the group, the bid shall be declared as disqualified. Additionally, the bid capacity required includes: - A non-refundable participation fee of Rs. 5,00,000 - Earnest Money Deposit (EMD) of 3% of the reserve price for one group or 3% of EMD for each group for multiple groups - Security deposit of 15% of the discovered license fee for a group, deposited as per the specified schedule - Potential additional security of 10% of the difference between the discovered license fee/bid and the reserve price if the bid exceeds the reserve price by 20%. The EMD is 3% of the reserve price for one group, and for more than one group, it's 3% of the EMD for each group. The security deposit is 15% of the discovered license fee for a group, deposited in installments. However, a specific formula that dictates the bidding capacity of a participant in terms of value is not explicitly provided, but the requirements for participation, including EMD, security deposit, and additional security, are specified.