Schedule : 1-First year assessed earning vinyl/sticker DEMU
2070966.00
2
1
1
1.00
Year
2070966.00
2070966.00
Rs.
3
Description:- The tenderer should quote his offer against the value for first year i.e. Rs. 2070966 (Rs. Twenty lakh\rseventy thousand nine hundred sixty six only) as license fee payable. The license fee for 2nd & 3rd year shall remain\rsame as of the first year. The license fee for 4th & 5th year shall have an escalation of 10% over previous year\rlicense fee. Total estimated value for five years have been worked out to Rs. 10996828 (Rs. One crore nine lakh\rninety six thousand eight hundred twenty eight only) only with escalation of 10% for the 4th and 5th year. Similarly\rthe sum of license fee as being quoted for 1st to 5th year shall be total value of the contract. (GST as per rule@ 18%\rshall be applicable on yearly license fee.)
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