The total estimated budget for this project is ₹19,18,040.00. Payment will be made in accordance with the progress and milestones achieved, as per the following schedule:
| Payment Stage |
Percentage of Total Cost |
Conditions |
| Initial Mobilization |
10% |
Upon signing of contract |
| Progress Payment 1 |
40% |
After completion of 50% of work |
| Progress Payment 2 |
40% |
After completion of 90% of work |
| Final Payment |
10% |
Upon project completion and acceptance |
All payments are subject to submission of valid bills, completion certificates, and inspection approvals. The bidder must provide a detailed cost breakdown in the financial proposal, including material, labor, equipment, and overhead costs. The bid must be valid for 120 days from the bid submission deadline.