The estimated project cost is INR 25,00,000, which includes all materials, labor, and overheads. The payment will be made in phases based on milestones achieved, as detailed below:
| Payment Milestone |
Percentage of Total Cost |
Description |
| Contract Signing |
10% |
Upon agreement finalization |
| Completion of Erection |
40% |
After erection and initial testing |
| Testing & Commissioning |
30% |
Post successful testing |
| Project Completion |
20% |
Final payment after project handover |
Bidders must submit a bid security (EMD) of INR 25,000, payable as per tender guidelines. All costs should be inclusive of taxes and duties, with detailed breakdowns provided in the financial proposal.