The estimated project cost is INR 3,10,000. Payment will be made based on milestones achieved and verified completion of work stages. The payment schedule includes:
- Advance payment upon contract signing.
- Progress payments at specified milestones.
- Final payment after successful completion and acceptance.
Bidders must submit a detailed financial proposal with their bid, including breakdowns of material costs, labor, and overheads. The bid must be valid for 180 days from the submission deadline. All financial transactions should adhere to the terms specified in the tender documents, ensuring transparency and compliance.