Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is the reserve license fee for the group. Bidders need to ensure that their bid quote is equal to or higher than this amount to be considered valid. The formulas for calculating the bid capacity are not explicitly stated. However, the following formulas are provided: - 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 - reserve price) The bid capacity is related to the reserve price and the number of vends, with specific bid capacities provided for groups with reserve prices within certain ranges: - For groups with a reserve price of more than Rs. 1000 but less than Rs. 2000, the bid capacity is Rs. 45/- per BL. - For groups with a reserve price above Rs. 4000, the bid capacity is Rs. 110/- per BL. However, the exact formula for calculating the bid capacity is not found.