The estimated project cost is approximately ₹16,59,53,000. Bidders must submit a detailed financial proposal, including breakdowns for civil, electrical, and finishing works. Payment will be made in installments based on project milestones achieved, with the final payment upon successful completion and handover. The bid should specify the percentage rate for each component, ensuring competitive pricing.
| Cost Component |
Estimated Cost (INR) |
| Civil Works |
₹12,000,000 |
| Electrical & Wiring |
₹2,500,000 |
| Finishing & Miscellaneous |
₹2,000,000 |
Payment Schedule:
- 10% advance at contract signing.
- 40% on completion of foundation and structural work.
- 30% on project progress.
- 20% upon final handover and approval.
All financial proposals must be submitted in the prescribed format and adhere to the tender guidelines.