Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is specified in a particular format, which includes the reserve license fee for the group, quoted license fee to be entered by the bidder, and quoted license fees in words. The formulas or specific values required for the bid capacity 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. To participate in the e-tender, the bidder is required to furnish an Earnest Money Deposit (EMD), which is 3% of the reserve price for one group, and for more than one group, the EMD is 3% of the reserve price for each group. Additionally, there is a non-refundable participation fee of Rs. 5,00,000 for each group. The formulas for calculating the 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 The bid capacity also involves a security deposit requirement, which is 15% of the discovered license fee for a group. If the discovered license fee/bid exceeds the reserve price of a group by 20%, an additional security equivalent to 10% of the difference between the discovered license fee/bid and the reserve price is required. The discovered license fee can be adjusted against the security and additional security deposited in specified installments. The reserve prices for different groups are provided, and the EMD can be calculated using the formula: EMD = 3% of reserve price for one group, and EMD = 3% of reserve price for each additional group. Therefore, the bid capacity required in the given tender to bid having value and formulas is the non-refundable participation fee and the Earnest Money Deposit (EMD), which can be calculated as 3% of the reserve price for each group.