GEM

Employees State Insurance Corporation Office Space Leasing Indore Madhya Pradesh 1000 Sq Ft Ground Floor 5-10 Years 2025

Posted

28 Oct 2025, 04:03 pm

Deadline

18 Nov 2025, 01:00 pm

Value

₹10,80,000

Location

INDORE , MADHYA PRADESH

Progress

Issue28 Oct 2025, 04:03 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Tender Overview

Employees State Insurance Corporation (ESIC) invites proposals for office space leasing in Indore, Madhya Pradesh (452001). Scope covers 1000 square feet on the Ground Floor with a Wet lease (maintenance borne by the lessor) for a term of 5 to 10 years. Estimated project value is ₹1,080,000. The bid allows a contract quantity/duration variation up to 25% at contract issue and during execution. Location-based procurement details, including building access and streetlight proximity, are relevant differentiators for bidders. This is a single-site leasing opportunity focused on reliable occupancy and minimal maintenance burden on ESIC.

Technical Specifications & Requirements

  • Lease category: Commercial office space leasing; Ground Floor; 1000 sq ft.
  • Lease type: Wet lease with maintenance obligations on the lessor; includes property upkeep and common area maintenance if applicable.
  • Contract duration: 5 to 10 years; price/term flexibility allowed up to 25% at issuance and during execution.
  • Location details: Indore, Madhya Pradesh; proximity to streetlights and building access are considered during evaluation.
  • Facilities/amenities: Not explicitly specified; ensure compliance with ESIC premises requirements and local regulatory norms.
  • Submission context: No BOQ items; dimensions and site adequacy are key evaluative criteria.

Terms, Conditions & Eligibility

  • EMD: Not specified in the provided data; bidders should monitor for official notice on security deposit.
  • Variation clause: Contract duration/quantity may vary by up to 25% at contract issue and during execution.
  • Delivery/possession: As per ESIC procurement timelines to be defined during bid award.
  • Documentation: Standard bidder submission documents required (GST, PAN, lease viability, financials) per ESIC terms; OEM/authorized agent credentials may be requested.
  • Warranty/AMC: Not specified; bidder to clarify post-award responsibilities and maintenance commitments.
  • Payment terms: Not specified; bidders should expect ESIC-dictated payment schedule after tenancy approvals.

Key Specifications

    • Location: Indore, Madhya Pradesh
    • Premises: 1000 square feet, Ground Floor
    • Lease type: Wet lease (maintenance by lessor)
    • Duration: 5 to 10 years
    • Area availability: Balcony/adjacent facilities not specified; ensure basic office readiness
    • Proximity features: Streetlights near the building

Terms & Conditions

  • Key Term 1: 25% contract quantity/duration variation allowed at award and during execution

  • Key Term 2: Wet lease implying maintenance responsibility lies with the lessor

  • Key Term 3: 1000 sq ft ground-floor office space in Indore for ESIC tenancy

Important Clauses

Payment Terms

No explicit payment schedule provided; bidders should expect ESIC-defined terms post-award and confirm AMC/maintenance charges separately.

Delivery Schedule

Possession/occupancy timelines to be clarified in the formal contract following bid evaluation.

Penalties/Liquidated Damages

Not specified in data; bidders should review the ATC/document for LD provisions related to tenancy and maintenance obligations.

Bidder Eligibility

  • Experience in government/PSU lease or property management projects

  • Financial capacity to undertake 5-10 year lease commitments

  • Compliance with state/local property regulations and ESIC terms

AI-Powered Bidder Prediction

Companies most likely to bid

Unlock Bidder Insights

AI predictions on likely bidders

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Proof of address and identity for authorized signatories

4

Lease viability/ownership documents for the Indore property

5

Financial statements for the last 1-2 financial years

6

Audited balance sheet and cash flow statements

7

Technical bid/compliance documents demonstrating space suitability

8

OEM authorizations or licenses (if applicable)

9

Any prior lease agreements with government/PSUs (if available)

Frequently Asked Questions

How to bid for ESIC Indore office space leasing tender 2025?

Bidders must submit GST, PAN, financials, lease viability proof, and technical compliance documents. Ensure the 1000 sq ft ground-floor space meets Wet lease maintenance by lessor. Review ATC for the 25% variation clause and prepare tenancy terms aligned with ESIC standards.

What documents are required for ESIC Indore lease tender submission?

Required documents include GST certificate, PAN, identity proofs, property ownership/lease documents, financial statements, and technical bid. OEM authorizations are needed if applicable; additional occupancy/possession proof may be requested during evaluation.

What are the technical specifications for Indore office space lease?

Core specs include 1000 sq ft area on Ground Floor in Indore, Wet lease with maintenance by the lessor, and a tenure of 5-10 years. Ensure compliance with local regulations and readiness for basic office setup.

What is the variation clause for contract duration in this tender?

The buyer allows up to 25% variation in contract quantity or duration at the time of issue and during execution. Bidders must accept revised quantities or duration as part of contract amendments.

When is possession of the leased space expected in ESIC Indore tender?

Possession timelines will be defined in the formal contract after bid evaluation. Prepare for occupancy aligned with ESIC project scheduling and statutory approvals.

What standards or certifications apply to ESIC office space leasing in Indore?

No explicit standards are listed; bidders should provide standard lease compliance, regulatory permissions, and any local building codes adherence as part of technical bid.

What are the key eligibility criteria for ESIC Indore property tender?

Eligibility includes proven experience in government/PSU property leases, financial stability to sustain a long-term tenancy, and compliance with GST, PAN, and lease documentation requirements.

What is the estimated project value and space size for this tender?

Estimated value is ₹1,080,000 for a 1000 square feet ground-floor office space in Indore, with a Wet lease arrangement and 5-10 year tenure.

Similar Tenders

Leasing in of Commercial Properties - Office Space; Wet Lease (maintenance to be borne by lessor);

NA

INDORE, MADHYA PRADESH

Est: ₹10.8 L
View Details

Leasing in of Commercial Properties - Office Space; Wet Lease (maintenance to be borne by lessor);

NA

INDORE, MADHYA PRADESH

Est: ₹10.8 L
View Details

Leasing in of Commercial Properties - Office Space; Wet Lease (maintenance to be borne by lessor);

NA

INDORE, MADHYA PRADESH

Est: ₹10.8 L
View Details

Leasing in of Commercial Properties - Office Space; Wet Lease (maintenance to be borne by lessor);

NA

INDORE, MADHYA PRADESH

Est: ₹20.2 L
View Details

Leasing in of Commercial Properties - Office Space; Wet Lease (maintenance to be borne by lessor);

NA

ERNAKULAM, KERALA

View Details