The estimated project cost is Rs. 25,00,000, with a bid security (EMD) amount to be specified in the tender documents. The financial bid should include the percentage rate for executing the entire scope of work, submitted in the prescribed format. Payment terms are linked to project milestones, including:
- 10% advance upon contract signing.
- 40% after laying and testing of cables.
- 30% post successful commissioning.
- 20% after final inspection and approval.
Bidders must submit a detailed cost breakdown, including material, labor, testing, and miscellaneous expenses. All financial proposals should be valid for 120 days from the bid submission deadline.