Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value and formulas is as follows: The bid capacity includes: - Participation fee: Rs. 5,00,000 - EMD: 3% of reserve price - Security: 15% of discovered license fee - Additional Security: 10% of (discovered license fee - reserve price) if applicable The formulas for calculating the bid capacity are: - EMD = 3% of Reserve Price - Bid Capacity = EMD + Non-refundable participation fee - Non-refundable participation fee = Rs. 5,00,000 per group - Security = 15% of discovered license fee - Additional Security = 10% of (discovered license fee - reserve price) if (discovered license fee - reserve price) > 20% of reserve price The values for each group are: - For Group Mohali-1: 3% of 41.97 = 1.2591 - For Group Mohali-2: 3% of 44.67 = 1.3401 - For Group Mohali-3: 3% of 45.36 = 1.3608 - For Group Mohali-4: 3% of 44.26 = 1.3278 - For Group Kharar-1: 3% of 45.37 = 1.3611 The bid capacity for each group can be calculated using the formula: Bid Capacity = (3% of Reserve Price) + 0.05 For example, for Group Mohali-1: Bid Capacity = (3% of 41.97) + 0.05 = 1.3091 crores.