The estimated contract value is approximately INR 21,10,824.00, which covers procurement, operation, and maintenance over 36 months. The payment schedule is as follows:
| Payment Milestone |
Percentage |
Description |
| Contract Signing |
10% |
Upon agreement signing |
| Delivery & Acceptance |
30% |
After vehicle delivery and inspection |
| Mid-term Payment |
30% |
At 18 months of operation |
| Final Payment |
30% |
After successful completion and acceptance |
All payments are subject to submission of valid invoices and completion certificates. The bidder must provide a detailed cost breakdown including vehicle cost, operational expenses, and maintenance charges. The bid should include all applicable taxes and duties, clearly specified in the financial proposal.