The estimated project cost is approximately ₹6,43,394, which includes material, labor, and overheads. The financial breakdown is as follows:
| Item |
Cost (₹) |
| RCC Materials |
2,50,000 |
| Labour |
2,00,000 |
| Equipment & Miscellaneous |
93,394 |
Bidders are required to submit a percentage rate bid for the project, which will be evaluated based on the lowest percentage quoted over the estimated cost. Payment terms are linked to project milestones, with 10% advance payment and the remaining on completion and acceptance. Bidders must ensure their financial proposals are competitive and in line with the project scope.
The successful bidder will be paid based on the schedule of payments detailed in the tender documents, subject to submission of bills and completion certificates.