Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is specified in the format and includes the reserve license fee for the group and the quoted license fee. The formulas for calculating the bid capacity are not explicitly mentioned, but the bidder needs to provide the financial quote in the prescribed format. The bid capacity is related to the Earnest Money Deposit (EMD) and the participation fee. The EMD is 3% of the reserve price for one group, and for more than one group, it is 3% of the EMD for each group. The participation fee is a non-refundable fee of Rs. 5,00,000 for each group. The formulas for calculating the EMD and security can be represented as follows: - EMD = 3% of reserve price (for one group) - EMD = 3% of EMD for each group (for more than one group) - Security = 15% of discovered license fee - Additional Security (if applicable) = 10% of (discovered license fee - reserve price) The reserve prices for different groups are provided, and the EMD can be calculated using the formula: EMD = 3% of the reserve price. For example, for Mohali-1, the EMD would be: EMD = 0.03 * 41.97 = 1.2591 crores.