Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is specified and includes the following: 1. Non-refundable participation fee: Rs. 5,00,000 2. Earnest Money Deposit (EMD): 3% of reserve price for one group, and for more than one group, 3% of EMD for each group 3. Security deposit: 15% of discovered license fee 4. Additional security (if applicable): 10% of the difference between discovered license fee and reserve price, if the discovered license fee exceeds the reserve price by 20%. The formulas for calculating the EMD are: - For one group: EMD = 3% of reserve price - For more than one group: EMD for each group = 3% of reserve price for that group Additionally, the bid capacity required is as follows: - For bids valued more than Rs. 2000 but less than Rs. 4000, the bid capacity required is Rs. 80/- per BL. - For bids valued above Rs. 4000, the bid capacity required is Rs. 110/- per BL.