Bids are Invited For Leasing in of Commercial Properties - Office Space; Wet Lease (maintenance to be borne by lessor); in MADURAI, TAMIL NADU

The eligibility requirements include being a registered entity, capable of entering into lease agreements. Bidders must demonstrate financial stability and have previous experience in leasing or property management. Additionally, compliance with local regulations is crucial, ensuring that the proposed property meets the required standards for leasing. Documents supporting eligibility must be submitted alongside the proposal.

The technical specifications necessitate compliance with local building codes and regulations. The office space should possess essential amenities, including electronic security systems, adequate lighting, and an electricity backup facility. The property must be accessible and conducive for office operations, ensuring it meets the specified requirements outlined in the tender documentation.

Bidders must provide details related to performance security requirements as part of their submission. Typically, this involves a specified percentage of the lease amount, held as a security deposit, ensuring compliance with the lease terms. The specifics of this requirement, including submission timelines, should be detailed in the tender documents.

The selection and evaluation process will involve a dual assessment of the submitted bids, emphasizing both technical and financial components. Bids will be scored based on adherence to specifications, previous performance history, and overall cost. Shortlisted bidders may be invited for further discussions or site visits, with results communicated promptly following the evaluation period.

MSEs participating in this tender may benefit from relaxed eligibility criteria and potential financial incentives aimed at leveling the playing field. These provisions encourage MSEs to participate actively by providing favorable terms, compliance assistance under 'Make in India' policies, and promoting local procurement rules that support their growth within government contracts.