Employees State Insurance Corporation Office Space Leasing Tender Indore Madhya Pradesh 2026 93sqm 10 Years
Bid Publish Date
14-Aug-2026, 7:08 pm
Bid End Date
04-Sep-2026, 5:00 pm
Value
₹17,28,000
Location
Progress
Tender Overview
The Employees State Insurance Corporation (ESIC), Indore, Madhya Pradesh, seeks to lease office space on a wet lease basis (maintenance by lessor) for a period of 5 to 10 years. The available footprint is 93 sqm on the Ground Floor or First Floor near street lighting. Estimated contract value is ₹1,728,000 with no BOQ items listed. The procurement targets a single, ready-to-occupy commercial space that meets basic ESIC infrastructure needs in Indore. A key condition is a 25% up or down adjustment in quantity or duration at contract award or issue, subject to consent. Unique aspect: long-term occupancy with owner-maintained premises and site-area flexibility within the stated range.
Technical Specifications & Requirements
- Location/Area: Indore, Madhya Pradesh 452001; 93 sqm floor space
- Space Options: Ground Floor or First Floor; street lighting proximity
- Lease Type: Wet lease (maintenance by lessor), multi-year term (5-10 years)
- Valuation: Estimated value ₹1,728,000; no BOQ items available
- Flexibility Clause: Option Clause allows up to 25% change in quantity or duration at bid/contract stage
- Documentation Gap: No explicit technical specifications; bidders must assess suitability for ESIC administration needs and infrastructure compatibility
Terms, Conditions & Eligibility
- EMD: amount not specified; confirm under tender terms
- Duration Flexibility: 5–10 years with potential 25% adjustment per ATC clause
- Maintenance: Included in lessor’s responsibilities (wet lease)
- Delivery/Occupancy: Space ready for occupancy; compliance with local building codes
- Submission Requirements: As per ESIC terms; ensure lease agreement capability and proof of property ownership/authority
- ATC Clause: Binding 25% adjustment post-contract issuance
Key Specifications
-
Space category: Office/Commercial lease
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Area: 93 sqm
-
Floor options: Ground Floor or First Floor
-
Lease type: Wet lease (maintenance by lessor)
-
Contract duration: 5 to 10 years
-
Estimated value: ₹1,728,000
-
Flexibility: 25% quantity/duration adjustment
-
Location constraint: Indore, Madhya Pradesh
Terms & Conditions
-
5–10 year wet-lease with maintenance by lessor
-
Space must be 93 sqm on Ground or First Floor in Indore
-
25% adjustment in contract quantity or duration allowed at issuance
Important Clauses
Payment Terms
Details not provided; bidder to align with ESIC lease payment schedule and any advance/deposit requirements as per ATC terms
Delivery Schedule
Occupancy readiness and handover timeline not specified; bidders should propose occupancy date aligned with contract award
Penalties/Liquidated Damages
Not specified in data; verify in final contract and ATC for occupation delays or non-compliance penalties
Bidder Eligibility
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Legal entitlement to lease commercial property within Indore district
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Experience in office-space leasing or related commercial property transactions
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Financial capability to support long-term lease commitments
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
No
Requirements
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Leasing in of Commercial Properties - Office Space; Wet Lease (maintenance to be borne by lessor); 5 years- 10 years; 1; Ground Floor or First Floor; Streetlights near the building; yes; no; yes; 93sqmtr
Delivery Details
Delivery Locations
1
Delivery Cities
Indore
Delivery Pincodes
452011
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Jayant Kumar | 452011,Employees' State Insurance Corporation, Regional Office, Panchdeep Bhawan, Nanda Nagar, Indore, M.P. | Indore | Madhya Pradesh | 452011 | 1 | - | Number of Months : 36 |
Authority Records
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Documents 9
GeM-Bidding-9760373.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Other Documents
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Other Documents
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Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
3
Required Documents
GST registration certificate
Property ownership proof or authorization to lease
PAN card of bidder or organization
Experience certificates for office-space leasing or similar property transactions
Financial statements demonstrating liquidity for lease commitments
Any OEM/owner warranties or maintenance capability letters (if applicable)
Lease/rental bid documents including proposed rent, terms, and occupancy date
EMD submission details (if required by ESIC terms)
Frequently Asked Questions
Key insights about MADHYA PRADESH tender market
How to bid for ESIC Indore office space tender 2026 in Indore?
Bidders should submit lease proposals with demonstrated ownership/authority, GST and PAN, financials, and experience in similar leases. Attach property documents, occupancy readiness plan, proposed rent, and compliance with wet-lease maintenance. Ensure eligibility for 5–10 year duration and readiness for occupancy.
What documents are required for ESIC Indore lease bid 2026?
Required documents include GST certificate, PAN, property ownership/authorization, lease experience certificates, financial statements, and bid security/EMD details if applicable. Include technical compliance letters and occupancy handover plan as part of the submission package.
What is the eligible space size for the Indore ESIC lease tender?
The tender specifies 93 sqm of space on either the Ground Floor or First Floor, with proximity to street lighting. Proposals must confirm exact floor and any structural suitability for ESIC needs and accessibility requirements.
What is the duration and flexibility for the Indore lease tender?
Contract duration ranges from 5 to 10 years with a binding 25% adjustment allowance on quantity or duration at contract issuance or award. Bidders should plan financials and space scaling accordingly.
What are the payment terms for the ESIC Indore lease?
Payment terms are not explicitly stated; bidders should seek alignment with ESIC ATC terms, including potential rent payments, maintenance cost allocation, and any advance or security deposit requirements during contract finalization.
What are the critical eligibility criteria for the Indore ESIC lease bid?
Eligibility includes legal capacity to lease commercial space in Indore, prior office-space leasing experience, and demonstrable financial stability to sustain a 5–10 year commitment. Ensure GST/PAN compliance and ownership authorization documents.
How will maintenance responsibilities be handled under the wet lease?
Under a wet lease, the lessor bears maintenance responsibilities. Bidders should confirm utilities, security, common-area maintenance, and any property tax impacts in the final lease agreement and ensure service levels meet ESIC requirements.
What is the estimated value and how should bidders respond to it?
The estimated contract value is ₹1,728,000. Bidders should reflect this valuation in rent quotes, propose annualized lease costs, and demonstrate cost-aligned maintenance obligations to meet the 5–10 year horizon.