The estimated cost for the project is approximately ₹7,62,632.82. Bidders must submit a bid security (EMD) as specified, along with the tender fee of ₹590.00. The financial bid should include detailed costing for materials, labor, and other expenses, with a clear breakdown. Payment terms will be as per the contract agreement, typically including an initial payment, progress payments, and final settlement after successful completion and testing. The bid validity period is 180 days from the bid submission deadline, ensuring financial stability and commitment from bidders.