The estimated cost for the entire contract is INR 20,88,000, with a bid security (EMD) amount of INR 20,000. The financial bid should include detailed breakdowns of costs such as vehicle rates, service charges, and applicable taxes. Payment terms are structured as follows:
- 30% advance payment upon contract signing.
- Remaining payments based on monthly milestones.
- Final settlement after contract completion and vehicle verification.
Bidders must submit a comprehensive financial proposal aligned with the tender guidelines, ensuring transparency and compliance with government procurement norms.