Excise And Taxation Department Tender

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The Excise And Taxation Department has issued a formal invitation for competitive bids for Tender For Retail Liquor Licenses (patiala Zone, Patiala Range, Distt. Patiala, Rajpura Group-2) in Patiala, Punjab, with an estimated contract value of Rs. 42,21,00,000. The bid opening date for this tender is 05-03-2025 and the last date for bid submission is 17-03-2025. Interested bidders for Excise And Taxation Department tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.

Excise And Taxation Department Tender

Services
Real Estate Service
Eprocure
Opening Date5 Mar 2025
Closing Date17 Mar 2025
Tender Amount₹ 42,21,00,000 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid having value is specified in the format and includes the reserve license fee for the group. However, no specific numerical formulas are provided for calculating the bid value. The bid capacity required includes: - Earnest Money Deposit (EMD): 3% of reserve price for one group, and 3% of EMD for each additional group. - Non-refundable participation fee: Rs. 5,00,000. - Security deposit: 15% of the discovered license fee (with specific payment schedules). - Additional security: 10% of the difference between the discovered license fee and the reserve price if the discovered license fee exceeds the reserve price by 20%. Formulas for calculating the security deposit are provided, but not for the bid value itself.

Costs

  • EMD

    ₹ 1,26,63,000
  • Document Cost

    ₹ 5,00,000
  • Tender Fee

    ₹ 5,900

Description

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