Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is specified in the PRICE SCHEDULE template, which includes the reserve license fee for the group and the quoted license fee to be entered by the bidder in Rs. Crores. The bid capacity required is to quote a license fee for the group in Rs. Crores, with the quoted license fee being equal to or higher than the reserve license fee for the group. The formulas for calculating the bid capacity are: - EMD = 3% of reserve price (for one group) - EMD = 3% of EMD (for each group, if bidding for more than one group) - Security = 15% of discovered license fee (for a Group) - Additional Security (if applicable) = 10% of (discovered license fee/bid - reserve price) Additionally, the bid price shall be in Indian Rupees, and 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. Other bid capacity formulas found include: - More than Rs. 1000 but less than Rs. 2000, Rs. 45/- per BL - Above Rs. 4000, Rs. 110/- per BL The Security is equivalent to 15% of the discovered license fee for a Group, deposited in the following manner: - 3% as EMD taken at the time of submission of tender (to be adjusted in the security) - 4% within 48 hours of the allotment of the Group - 5% within 7 days of the allotment of a Group or by 31st March, 2025, whichever is earlier - 3% by 30th April, 2025