The total estimated project cost is approximately ₹39,73,618.16, which will be financed as per government funding norms. Bidders must submit a bid security equivalent to 2% of the estimated cost, i.e., around ₹79,472.36, through FDR or bank guarantee. The tender fee is ₹1500, payable via demand draft or online payment. Payment terms include:
- 10% advance on contract signing
- 40% midway through construction upon milestone completion
- 50% after final inspection and approval
Bidders should prepare a detailed financial proposal, including cost breakdowns for materials, labor, and overheads, ensuring transparency and compliance with tender guidelines.