The project budget is approximately ₹12.95 crore, with detailed cost components outlined in the tender documents. Payment will be made in accordance with the progress milestones, subject to satisfactory completion of each phase. The payment schedule includes:
- 10% advance on contract signing
- 30% after foundation completion
- 30% after structural work completion
- 20% after finishing and installation
- 10% after final inspection and handover
Bidders must provide a detailed financial proposal, including breakdowns of costs for materials, labor, equipment, and overheads. All payments are subject to certification by the supervising authority and compliance with contractual terms.