Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is specified in a format that includes columns for the name/number of the group, reserve license fee, quoted license fee in figures and words, and other relevant details. The formulas for the bid capacity required are: 1. EMD = 3% of reserve price for one group 2. Security = 15% of discovered license fee for a group 3. Additional Security (if applicable) = 10% of (discovered license fee - reserve price), if discovered license fee exceeds reserve price by 20% The bid price shall be in Indian Rupees, and any conditional bid will be rejected. If there is a discrepancy between words and figures, the amount in words will prevail. The bid shall be declared as disqualified if no bid is quoted or if the bid is less than the reserve price of the group. However, specific reserve prices for each group are not provided, which are necessary to calculate the exact bid capacity required for each group.