Excise And Taxation Department Tender
If you want to inquire about any e-tender the Punjab government has posted, Bidassist gives a one-stop solution i.e. being a registered bidder you will find every eprocurement Punjab tender on BidAssist.There is no need to enter all the details on the website of etender.up.nic.in as BidAssist helps you find the specific Punjab etender you're looking for. Read further to learn how to search and bid for etender Punjab.
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Financial
Bid Capacity
The bid capacity required in the given tender to bid involves specific values and formulas related to the Earnest Money Deposit (EMD) and Security.
The values required for the bid capacity include:
- 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
- Earnest Money Deposit (EMD) which is 3% of the reserve price for one group
- Security equivalent to 15% of the discovered license fee for a Group
The formulas for bid capacity are:
- EMD = 3% of reserve price for one group
- EMD for multiple groups = 3% of EMD for each group
- Security = 15% of discovered license fee for a Group
- Additional Security (if applicable) = 10% of (discovered license fee/bid - reserve price)
Additionally, there are specific deposit requirements and timelines for the Security, including adjustments and payments within certain timeframes after the allotment of a Group.
However, specific details about the bid capacity, such as a direct definition or additional formulas beyond those related to EMD and Security, are not explicitly provided.
Costs
EMD
₹ 1,26,03,000Document Cost
₹ 5,00,000Tender Fee
₹ 5,900
Description
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Contact
Tender Id
2025_DET_135903_1Tender No
DNIT-1Tender Authority
Excise And Taxation Department ViewPurchaser Address
-Website
eproc.punjab.gov.in
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