The estimated project cost is ₹2,84,67,200, with a bid validity of 120 days. The financial breakdown includes:
| Cost Component |
Amount (₹) |
| Material & Labour |
2,50,00,000 |
| Equipment & Machinery |
20,00,000 |
| Contingency & Miscellaneous |
14,67,200 |
| Total Estimated Cost |
2,84,67,200 |
Bidders must submit EMD of ₹5,70,000 (approximate 2% of total cost). Payment terms:
- 10% advance on contract signing
- 30% after completion of base course
- 30% after asphalt laying
- Remaining 30% after final inspection and approval.
Payments will be released against approved bills and work completion certificates. The bid should include detailed cost estimates and breakdowns as per tender guidelines.