The estimated project cost is INR 25,00,000, which includes all materials, labor, and overheads. Payment will be made in accordance with project milestones:
- 10% advance payment upon contract signing.
- 40% after completion of erection and initial testing.
- 30% upon successful commissioning.
- Remaining 20% after final acceptance and submission of completion reports.
Bidders must submit a detailed financial proposal with a breakdown of costs, including material costs, labor charges, and overheads. The bid must also include proof of EMD payment, which is INR 25,000, payable at Rajpipla. All payments are subject to compliance with contractual terms and project progress.