Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is specified in the PRICE SCHEDULE template. The formulas or specific values required for the bid are: * The bid price shall be in Indian Rupees. * 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. The specific format for the financial quote includes columns such as: - Reserve license fee for the group (in figures) in Rs. Crores - Quoted license fee (In Figures) to be entered by the Bidder in Rs. Crores - Quoted License Fees (in Words) in Rs Crores The bid capacity required is related to the Earnest Money Deposit (EMD) and Security, with the following formulas: - 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 = 10% of (discovered license fee/bid - reserve price), if discovered license fee/bid exceeds reserve price by 20% Additionally, other requirements include a non-refundable participation fee and specific deposit schedules for security.