Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value and formulas can be determined using the provided information. The bid capacity is related to the financial bid format, which includes specifications such as the reserve license fee for a group, quoted license fee, and earnest money deposits. The formulas for calculating the bid capacity are indirectly related to the Earnest Money Deposit (EMD) and security deposit. 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 security deposit is equivalent to 15% of the discovered license fee for a group. Additionally, if the discovered license fee exceeds the reserve price by 20%, an additional security equivalent to 10% of the difference is required. The reserve prices for different groups are provided, ranging from 41.97 crores to 49.56 crores. The non-refundable participation fee is Rs. 5,00,000 for each group. The bid capacity can be calculated using the provided formulas, such as EMD = 3% of reserve price for one group, and security = 15% of discovered license fee. However, the direct formula for bid capacity is not explicitly mentioned, but it can be inferred that the bid capacity is related to the EMD, security deposit, and reserve price for each group. Therefore, the bid capacity required in the given tender to bid having value and formulas is related to the calculations involving EMD, security deposit, and reserve price, but the exact formula is not directly provided.