The estimated project cost is INR 89,21,148.14, which includes all civil works, materials, labor, and miscellaneous expenses. Bidders must submit a bid percentage rate for the project, with the total bid amount not exceeding the estimated cost. Payment will be made in installments aligned with project milestones, including initial mobilization, progress, and completion.
| Cost Component |
Amount (INR) |
| Civil Works |
89,21,148.14 |
| Contingency |
As per agreement |
| Taxes & Duties |
As applicable |
Payment terms:
- 10% advance on contract signing.
- 40% on completion of foundation and structural work.
- 30% on finishing and utilities installation.
- 20% after final inspection and handover.
All payments are subject to certification by the designated project officer.