The estimated project cost is INR 71,981,000. The financial proposal must include a detailed breakdown of costs, including materials, labor, equipment, and overheads. Bidders are required to submit a bid security (EMD) of INR 7,198,100, which is 10% of the estimated cost.
Payment terms are structured as follows:
- 10% advance upon contract signing
- 40% during the progress of the work, based on milestones
- 50% after completion and acceptance of the project
All financial bids should be submitted through the designated e-procurement portal, adhering to the prescribed formats and documentation requirements. The bid validity period is 120 days from the submission deadline.