Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value includes: 1. Reserve license fee for the group (in figures) in Rs. Crores 2. Quoted license fee (in figures) to be entered by the bidder in Rs. Crores 3. Quoted License Fees (in words) in Rs Crores The formulas or specific values required for the bid are: * EMD = 3% of reserve price * Security Money = 15% of discovered license fee * Additional Security = 10% of (discovered license fee - reserve price), if discovered license fee exceeds reserve price by 20% Additionally, the bid capacity required includes: 1. Earnest Money Deposit (EMD): 3% of the reserve price for one group, and for more than one group, 3% of EMD for each group. 2. Security Money: 15% of the discovered license fee for a Group, with specific recovery timelines. 3. Participation Fee: A non-refundable participation fee of Rs. 5,00,000/- (Rupees five Lakhs only) through online process.