Funds to the tune of 3% (max.) of project cost shall be earmarked for establishing baseline data/DPR against which performance can be compared at the end of the project.
Funds would be released in 3 instalments
1st instalment of 40% as advance on SPV acquiring land.
2nd instalment of another 40% on utilization of 2/3 of first Instalment.
iii) Balance as 3rd and final instalment as reimbursement