The estimated project cost is ₹996,635, which includes materials, labor, machinery, and contingencies. Payment will be made in accordance with progress milestones:
| Payment Schedule |
Percentage |
Conditions |
| Initial Payment |
20% |
Upon commencement |
| Mid-Project Payment |
50% |
After sinking 50% of the well |
| Final Payment |
30% |
After successful completion and approval |
Bidders must submit a detailed financial proposal along with their technical bid. All costs should be inclusive of taxes and applicable charges. The project budget must be adhered to, and any variations must be approved in writing.