Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is to quote a financial value for the reserve license fee for the group. The bid capacity required is specified in the format as follows: - More than Rs. 2000 but less than Rs. 4000: Rs. 80/- per BL - Above Rs. 4000: Rs. 110/- per BL The formulas for calculating the EMD and security are as follows: - EMD = 3% of reserve price for one group - EMD for more than one group = 3% of EMD for each group - Security = 15% of discovered license fee for a Group - Additional security (if applicable) = 10% of the difference between the discovered license fee/bid and the reserve price. The payment schedule for the security deposit is: - 3% (EMD) adjusted at the time of submission of the tender - 4% within 48 hours of the allotment of the Group - 5% within 7 days of the allotment of a Group or by 31st March, 2025, whichever is earlier - 3% by 30th April, 2025 The additional security (if applicable) shall be paid within 48 hours of the allotment of the Group.