Excise And Taxation Department Tender

The bid capacity required in the given tender to bid having value is specified in the PRICE SCHEDULE template, which includes columns such as Name/ Number of the Group, Reserve license fee for group, Quoted license fee, and Quoted License Fees in words. The formulas or rules for filling this template are: * The quoted license fee shall be in Indian Rupees. * Any conditional bid will be rejected. * If there is a discrepancy between words and figures, the amount in words will prevail. * If there is no bid quoted or the bid is less than the reserve price of the group, the bid shall be declared as disqualified. Additionally, the e-bid quoted by the Bidder shall remain firm during the entire tender process. To participate in the e-tender, the bidder needs to furnish an Earnest Money Deposit (EMD) which is 3% of the reserve price for one group, and for more than one group, 3% of EMD for each group. The successful applicant shall have to deposit security equivalent to 15% of the discovered license fee for a Group. In case the discovered license fee/bid exceeds the reserve price of a Group by 20%, an additional security equivalent to 10% of the difference between the discovered license fee/bid and the reserve price shall be deposited. The cap on the maximum number of groups allotted to a single entity is 5 Excise Groups.