EMD & bid cost estimator
A quick estimate of the money you need to set aside for a tender. The tender document’s own figures always take priority.
From the NIT or tender summary.
Usually stated in the tender; often 2% to 5%.
Paid after award, as the tender specifies.
Estimates only. Some tenders accept a bid security declaration instead of EMD, and exemptions depend on the tender’s conditions.
Your estimate
EMD
Tender fee
Needed at bid submission
Performance security after award
Saved through MSE exemption
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