The estimated project cost is INR 12,713,744.00, which includes all construction, furnishing, and installation works. Payment will be made in phases based on project milestones, detailed as follows:
| Payment Milestone |
Percentage of Total Cost |
Description |
| Mobilization |
10% |
Upon contract signing |
| Foundation Completion |
20% |
After completion of foundation work |
| Structural Completion |
30% |
Once main structure is completed |
| Equipment & Furnishing |
30% |
After installation and furnishing |
| Final Acceptance |
10% |
Post-inspection and approval |
All payments are subject to submission of valid bills and completion certificates. Bidders should include detailed cost breakdowns in their financial proposals, ensuring transparency and compliance with tender guidelines.