This document summarizes a project report on building a Colpitts oscillator circuit that generates a frequency of approximately 1 MHz. The report describes the components used, including capacitors, inductors, resistors and transistors. It also discusses simulating the circuit in PSPICE software before building it on a breadboard. Testing with an oscilloscope confirmed the output waveform and accurate frequency of around 1 MHz. The document provides details on the circuit design, analysis, implementation, verification of results, and compares the findings to initial goals.