The estimated project cost is approximately INR 1,077,012,742. Bidders are required to submit a bid security (EMD) as specified, along with a tender fee of INR 18,000. Payment terms are as follows:
- Bid Security (EMD): As per tender guidelines.
- Payment Schedule:
- 10% upon contract signing.
- 30% on milestone completion.
- 40% on project progress.
- 20% after final acceptance.
- All payments are subject to approval of work progress and compliance with contractual terms.
Bidders must provide detailed financial proposals, including breakdowns of costs for materials, labor, equipment, and overheads, ensuring transparency and adherence to the budget limits.