Hello there,
Bid amount mentioned is based on assumption that amount of work can be completed in 2 days, working 4 hours per day. For actual work - rate would be Indian Rupees 2000 per hour which shall be prorated to the actual time consumed.
As the description of work is not included in the posting, nature of work shall be evaluated and methodology, milestones etc. shall be agreed upon.
Also, typically, the completed work shall be submitted in parts - 25%, 50%, 75% and 100% (depending upon the nature of work) and payment has to be released with the same frequency after client's acceptance of the work submitted.
Thanks and regards,
Anuj Gupta,
+91 8689891551.