The estimated project cost is ₹16,89,483, which includes all civil works, materials, labor, and miscellaneous expenses. Bidders are required to submit a bid security (EMD) of an amount specified in the tender documents, payable via FDR. The payment schedule is as follows:
- Bid Security: At the time of bid submission.
- Tender Fee: Paid along with bid documents.
- Progress Payments: Based on project milestones.
- Final Payment: Upon completion and approval.
The successful bidder must provide a performance guarantee equivalent to 5% of the contract value, valid until project completion. All financial transactions must adhere to the terms specified in the tender, ensuring transparency and compliance with government procurement policies.