The project budget is approximately INR 2,07,061.25. Payment will be made in milestones aligned with project phases, with the final payment upon successful completion and approval. The bidder must provide a detailed cost breakdown, including material, labor, equipment, and overheads.
| Cost Component |
Estimated Cost (INR) |
| Material |
80,000 |
| Labor |
70,000 |
| Equipment |
30,000 |
| Miscellaneous |
27,061.25 |
Payment terms include:
- 30% advance upon contract signing.
- 40% after completion of trenching and pipe laying.
- 30% after testing and final approval.
All financial transactions must comply with government procurement policies and include proper invoicing and documentation.