GEM

Employees State Insurance Corporation Office Space Lease Indore Madhya Pradesh 1000 Sqft Wet Lease 5-10 Years 2025

Posted

28 Oct 2025, 03:47 pm

Deadline

18 Nov 2025, 01:00 pm

Value

₹10,80,000

Location

INDORE , MADHYA PRADESH

Progress

Issue28 Oct 2025, 03:47 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • Location-specific lease opportunity for ESIC in Indore, MP
  • • Wet lease requiring lessor-maintained utilities and upkeep
  • • Ground Floor office space, 1000 sq ft; streetlight proximity noted
  • • Lease term flexibility: 5-10 years with 25% variation permitted
  • • Estimated contract value₹1,080,000; EMD amount not disclosed
  • • No BOQ items; bidders must rely on standard lease documentation

Tender Overview

The Employees State Insurance Corporation (ESIC) in Indore, Madhya Pradesh (452001) seeks a leased **office space of 1000 square feet on the Ground Floor with wet lease (maintenance to be borne by lessor) for a term of 5 to 10 years. The estimated contract value is ₹1,080,000. Location, size, and ground-floor accessibility are key differentiators, with streetlights near the building and site suitability for ESIC operations. The tender emphasizes a durable lease arrangement and predictable upkeep responsibilities on the lessor side, with a flexible duration window to align with budgetary cycles. Bidders should assess proximity to medical facilities and government corridors to meet ESIC requirements.

Technical Specifications & Requirements

  • Location/Area: Indore, Madhya Pradesh; Ground Floor office space
  • Size: 1000 Square Feet
  • Lease Type: Wet Lease (maintenance to be borne by lessor)
  • Lease Duration: 5 to 10 years; quantity/duration adjustment allowed up to 25% at contract issue and thereafter within 25% per ATC
  • Site Features: Streetlights near the building; suitable for administrative use
  • Estimated Value: ₹1,080,000 total; no explicit EMD amount disclosed
  • Delivery/Occupancy: As per contract terms; ensure compliance with ESIC premises standards
  • Notes: No BOQ items provided; bidders should prepare for standard lease documentation and property due diligence

Terms, Conditions & Eligibility

  • EMD: Not specified in tender data
  • Experience/Turnover: Not specified in data; bidders should prepare to demonstrate property lease experience and financial viability
  • Delivery/Occupancy Timeline: 5-10 year lease term; adjustment up to 25% permitted via ATC
  • Payment Terms: Not detailed in data; align with government lease payment practices
  • Documentation: Property title, occupancy proof, GST/PAN, and standard tender submissions expected
  • Warranties/Penalties: Not specified; anticipate standard lease compliance and performance considerations
  • Special Clauses: ATC clause allows contract quantity/duration changes within 25% window

Key Specifications

  • Office space type: Ground Floor 1000 sq ft

  • Lease with maintenance by lessor (wet lease)

  • Location: Indore, Madhya Pradesh

  • Lease duration window: 5-10 years with 25% bid variation

  • Estimated contract value: ₹1,080,000

Terms & Conditions

  • Lease term flexibility up to 25% variation at issuance

  • Maintenance responsibility lies with lessor for wet lease

  • No explicit EMD amount; standard government lease documents required

Important Clauses

Payment Terms

Not specified in tender; bidders should align with ESIC government lease payments and provide compliant invoicing terms

Delivery Schedule

Occupancy applicable for term 5-10 years; ATC allows 25% variation in duration or quantity

Penalties/Liquidated Damages

Not specified; bidders should anticipate standard lease compliance penalties and service levels

Bidder Eligibility

  • Demonstrated experience in leasing commercial office spaces to government entities

  • Financial stability evidenced by audited statements

  • Compliance with local property laws and occupancy regulations

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates related to office space leasing

4

Financial statements to establish viability

5

Proof of property ownership or lease/hypothecation agreement

6

Technical bid/compliance documents for lease terms

7

OEM authorizations not applicable; ensure property-specific documents

Frequently Asked Questions

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

Bidders must submit standard tender documents including GST, PAN, and proofs of property ownership or occupancy along with lease-specific compliance. The contract allows 5-10 year wet lease with maintenance by lessor; ensure property readiness, occupancy permits, and compliance with ESIC premises requirements.

What documents are required for ESIC Indore lease submission 2025?

Submit GST registration, PAN, property/title ownership proof, occupancy or rental agreement, experience certificates in government leasing, audited financials, and any technical compliance related to property maintenance obligations and utility services.

What are the key lease terms for Indore ESIC 1000 sq ft space?

Key terms include 1000 sq ft Ground Floor space, wet lease with maintenance by lessor, lease duration 5-10 years with 25% variation allowed at contract issue, and estimated value ₹1,080,000. Prepare for standard lease documentation and site due diligence.

What is the estimated contract value for ESIC Indore space?

The estimated value is ₹1,080,000 for the full lease term. Bidders should calibrate rent and maintenance costs accordingly, factoring in maintenance obligations borne by the lessor under the wet lease model.

What are the delivery/occupancy expectations for Indore ESIC space?

Occupancy is tied to contract terms with a 5-10 year lease window. ATC permits up to 25% change in duration or quantity at issue, enabling alignment with ESIC funding cycles and space needs.

Which standards or certifications are required for ESIC lease bidders?

No explicit standards are listed; bidders should ensure compliance with local property regulations, occupancy permits, and provide standard lease documents, financial statements, and GST/PAN proofs to satisfy eligibility.

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