The estimated project cost is Rs. 12,94,788.01, which must be broken down into various components including materials, labor, and overheads. The tender fee is Rs. 900, payable via demand draft or online payment. The earnest money deposit (EMD) is to be submitted along with the bid, ensuring seriousness of offer.
Payment terms are structured as:
- 10% advance upon contract signing
- 40% during the execution phase, based on progress milestones
- 50% after successful completion and final inspection
All payments are subject to approval of work quality and compliance with specifications. Bidders should prepare detailed cost estimates aligned with the BOQ and submit along with their technical proposals.