According to Tender18, EMD in tenders is not just a formality but a critical eligibility condition. Government departments use EMD to filter serious bidders and protect the procurement process. Even a minor mismatch in amount or payment mode can disqualify a bid. Tender18 highlights the importance of reading the EMD clause carefully and maintaining valid proof of payment to ensure smo... https://tender18.com/blog-details/How-To-Calculate-EMD-in-Tenders