@Wallaby,
Yes, it would need much more money and time to develop a browser from scratch. They have set the timeline for 3 months. I'm not very sure of what they are wanting (I cannot ask), but there are possibility that they are looking for a webbrowser only for internal use, which will not show advertisements.
I remember I've read somewhere in this forum, that somebody has developed webbrowser. And there is a web-browsing component in the Lazarus itself. So, I'm wondering on the possibility of forming an international development team, and doing this kind of projects. The requirements should be limited for this project.