GEM

ESIC Leasing of Ground Floor Office Space Indore Madhya Pradesh 1000 Sq Ft 5-10 Years 2025

Posted

28 Oct 2025, 03:44 pm

Deadline

18 Nov 2025, 01:00 pm

Value

₹10,80,000

Progress

Issue28 Oct 2025, 03:44 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Tender Overview

Employees State Insurance Corporation (ESIC) seeks to lease a ground floor office space of approximately 1000 square feet in Indore, Madhya Pradesh (452001). The project duration ranges from 5 to 10 years with maintenance obligations borne by the lessor. Estimated contract value is ₹1,080,000. Key differentiator includes proximity to streetlights near the building and a turnkey lease with maintenance responsibility on the lessor. Bidders should assess urban infrastructure, access, and security implications for ESIC operations. This opportunity requires responsive lease terms and clear handover conditions to support ESIC’s administrative functions.

Technical Specifications & Requirements

  • Product/Service: Leasing of commercial office space (ground floor) for ESIC operations
  • Area/Size: 1000 square feet (approximate)
  • Location: Indore, Madhya Pradesh (PIN 452001)
  • Term: 5 to 10 years; contract duration adjustments up to ±25% allowed at contract issue; post-issue adjustments up to 25% only
  • Maintenance: Maintenance to be borne by lessor; building features include streetlights nearby
  • Estimated Value: ₹1,080,000 for the contract period; no EMD amount specified in data
  • BOQ/Specifications: No itemized BOQ provided; no technical specs released
  • Key Considerations: Ensure compliance with lease terms, handover readiness, and compliance with local building codes

Terms, Conditions & Eligibility

  • EMD: Not specified in tender data; bidders should verify requirements during bid submission
  • Delivery/Handover: Handover must occur with ready-to-use office space; duration not explicitly stated
  • Contract Variation: Quantity or duration may be adjusted by up to 25% at contract issue and post-issue; bidders must accept revised terms
  • Documents: Standard bidder submission documents likely required (GST, PAN, property ownership proof, lease deed drafts, etc.); absence of explicit list necessitates adherence to typical government lease bid practices
  • Warranty/Support: Not specified; focus on lease completion and compliance with ESIC requirements
  • Penalty/Compliance: No LD or penalty terms specified in data; bidders should seek clarification during bidding process

Key Specifications

  • Leasing of 1000 square feet ground-floor office space in Indore, Madhya Pradesh

  • Maintenance obligations to be borne by lessor; streetlight proximity noted

  • Contract duration flexible between 5 and 10 years with ±25% adjustment allowed

  • Estimated contract value ₹1,080,000 over the term

  • No detailed BOQ or technical performance specifications available

  • Delivery/hand-over timing not explicitly defined; assume ready-to-use space on acceptance

Terms & Conditions

  • Contract duration may be adjusted by up to 25% at issue and post-issue

  • Maintenance of the premises is the responsibility of the lessor

  • No explicit EMD amount specified; bidders should verify requirements

Important Clauses

Payment Terms

Not explicitly specified; bidders should confirm payment schedule and mode during bid submission

Delivery Schedule

Handover timing not detailed; ensure readiness of 1000 sq ft ground-floor space with required amenities

Penalties/Liquidated Damages

No LD terms specified in data; bidders should obtain clarification on penalties for non-compliance

Bidder Eligibility

  • Eligibility for leasing government office space in Indore, Madhya Pradesh

  • Proof of property ownership or lease rights to sublet for ESIC use

  • Compliance with local building and safety regulations; GST and tax compliance

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Required Documents

1

GST Registration Certificate

2

Permanent Account Number (PAN) Card

3

Proof of Property Ownership or lease/Deed in favor of bidder

4

Property Tax receipts and latest municipal documents

5

Lease Deed Draft and terms acceptance

6

Financial statements or solvency documents (as per organization norms)

7

Experience certificates for similar office-space leasing (if applicable)

8

Any OEM/owner authorization for property make or building amenities

9

EMD submission proof (if required per final Terms and Conditions)

Frequently Asked Questions

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

Bidders should prepare standard documents: GST, PAN, property ownership proof, lease terms, and financial statements. Verify the required EMD if specified and submit the lease proposal for a 1000 sq ft ground-floor space in Indore, with maintenance by the lessor and a term of 5-10 years.

What documents are required for Indore ESIC lease tender?

Required documents typically include GST certificate, PAN, property ownership or lease deeds, ownership NOC, draft lease agreement, and financials. Since EMD is not specified, confirm exact bid submission pack during tender clarification to ensure compliance.

What are the key specifications for the Indore office space lease?

Key specs include a 1000 square feet ground-floor space, location in Indore (452001), maintenance by the lessor, and a lease term between 5 and 10 years with up to 25% variation allowed. No BOQ or ISI standards are listed.

When is delivery/hand over expected for ESIC Indore lease?

Tender data does not specify a fixed handover date; bidders should plan for readiness and occupancy upon acceptance, ensuring the space is ready for ESIC operations with required utilities and common amenities.

What are the payment terms for ESIC office space lease?

Payment terms are not detailed; bidders must seek clarification. Expect lease payments on a periodic basis over the 5-10 year term, with escalation terms to be clarified in the final contract or ATC document.

What are the EMD requirements for the Indore leasing tender?

EMD amount is not specified in the basic data; bidders should refer to the final tender ATC or submit a standard EMD as per typical government lease tenders, pending explicit confirmation from ESIC during bid submission.

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