The estimated project cost is approximately 2,042,775,106 INR. Bidders are required to submit a bid security (EMD) as specified in the tender documents. The financial bid must include a detailed breakdown of costs, including materials, labor, machinery, and overheads. Payment terms are linked to project milestones, with progress payments based on completed work and approved inspections.
| Cost Component |
Estimated Cost (INR) |
| Material |
40% |
| Labor |
30% |
| Machinery & Equipment |
15% |
| Overheads & Miscellaneous |
15% |
Payment Schedule:
- 10% advance at contract signing.
- 40% on foundation completion.
- 40% on deck completion.
- 10% after testing and approval.
All financial transactions must adhere to the terms specified in the bid documents and applicable government procurement policies.