Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value can be extracted from the provided template, which includes filling in the group's name/number, reserve license fee, quoted license fee in figures and words, all in Rs. Crores. The bid capacity is to quote a license fee for the group in the specified format, with the quoted license fee being in Indian Rupees and not less than the reserve price. The formulas for calculating the bid capacity are as follows: - Earnest Money Deposit (EMD) = 3% of the reserve price - Security Money = 15% of the discovered license fee - Additional security = 10% of (discovered license fee - reserve price), if the discovered license fee exceeds the reserve price by 20% Additionally, other bid capacity requirements include: - Earnest Money Deposit (EMD): 3% of the reserve price for one group, and for more than one group, 3% of EMD for each group. - Security Money to be recovered in installments: 3% at the time of submission, 4% within 48 hours of allotment, 5% within 7 days of allotment or by 31st March 2025, and 3% by 30th April 2025. - Participation fee: A non-refundable participation fee of Rs. 5,00,000/- (Rupees five Lakhs only) through online process.