TenderPK

Bid Security Calculator

Enter the amount the bid security is based on and the percentage written in the tender's bidding document to get the figure in rupees.

Enter both values to see the amount.

Read this before relying on the result

  • This is plain percentage arithmetic. It does not look up or assume any rate.
  • The percentage, what it is calculated on (bid price or estimated cost) and the accepted form of security are set in each tender's bidding document. Use the figures from the document, not from this page.
  • Rounding and currency rules can differ; follow the instruction in the bidding document.

Learn more: what is bid security and how it differs from a performance guarantee.