The estimated project cost is Rs. 49,98,034.79, inclusive of all civil, electrical, and miscellaneous works. The payment will be made in accordance with the milestones achieved, as detailed below:
| Payment Milestone |
Percentage of Total Cost |
| Initial Mobilization |
10% |
| Completion of 50% of works |
40% |
| Completion of 100% of works |
40% |
| Final Testing & Handover |
10% |
Bidders must submit a bid security (EMD) amounting to Rs. 50,000, payable to Madhya Gujarat Vij Company Limited. The bid offer must be valid for 90 days from the bid submission deadline, with clear terms for payment schedules, including advance, progress payments, and final settlement. All financial transactions should be in Indian Rupees (INR).