Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is specified in the PRICE SCHEDULE format. The formulas or specific values required for the bid are: 1. The bid price shall be in Indian Rupees. 2. Any conditional bid will be rejected. 3. If there is a discrepancy between words and figures, the amount in words will prevail. 4. 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. The specific format for the financial quote includes: - Reserve license fee for the group (in figures) in Rs. Crores - Quoted license fee (in figures) to be entered by the bidder in Rs. Crores - Quoted License Fees (in words) in Rs Crores The formulas for calculating the Earnest Money Deposit (EMD) are: - For one group: EMD = 3% of reserve price - For more than one group: EMD for each group = 3% of reserve price for each group Additionally, there's a non-refundable participation fee of Rs. 5,00,000. The bid capacity required includes both the financial capability to pay the non-refundable participation fee and the EMD.