The estimated project cost is INR 17,906,00, which includes all civil works, materials, labor, and miscellaneous expenses. The payment schedule is as follows:
- 10% advance upon contract signing.
- 40% after completion of foundation and initial construction.
- 30% on mid-term inspection approval.
- 20% after final completion and acceptance.
Bidders must submit a bid bond/Earnest Money Deposit of INR 35,812.00, valid for 120 days from bid opening. The bid offer must be inclusive of all taxes, duties, and levies applicable. Payment terms are subject to the conditions outlined in the tender documents, with clear milestones for release of payments.