After downloading the mod, use a program such as 7zip or WinRAR to extract the main folder of the mod.
Navigate to assets/mod_overrides. The assets folder is supposed to be in your game's installation folder (don't know where that is? click here). Create the folder if necessary
Move the main folder of the mod from step 1 to the folder you navigated to in step 2.
Although this was made with BeardLib in mind, it works with Custom OST as well. Simply install this as you would install any other Custom OST addon.