GEM

Employees State Insurance Corporation Leasing of Commercial Office Space Indore Madhya Pradesh Ground Floor 2100 Sq Ft 5-10 Years 2025

Posted

23 Oct 2025, 05:27 pm

Deadline

13 Nov 2025, 12:00 pm

Value

₹20,16,000

Location

INDORE , MADHYA PRADESH

Progress

Issue23 Oct 2025, 05:27 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Categories 1

WET LEASE

Tender Overview

Employees State Insurance Corporation (ESIC) in Indore, Madhya Pradesh invites bids to lease a 2100 Square Feet ground-floor commercial office space with wet lease maintenance to be borne by the lessor. The tenancy is offered for a period of 5 to 10 years with a tentative estimated value of ₹2,016,000. The site requires proximity to the building and may include streetlights nearby as part of the premises. The agreement permits a quantity/duration adjustment up to 25% at contract issuance as per ATC terms. This tender focuses on securing a stable, compliant office space for ESIC operations in Indore while accommodating scope flexibility.

Technical Specifications & Requirements

  • Location: INDORE, Madhya Pradesh 452001
  • Space: 2100 Square Feet on the Ground Floor
  • Lease type: Wet lease (maintenance to be borne by lessor)
  • Tenure: 5 to 10 years with potential contract amendment up to 25% per ATC
  • Site features: Streetlights near the building; premises suitable for ESIC administrative use
  • Est. value: ₹2,016,000; no BOQ items
  • Compliance cues: ATC document referenced; no explicit technical standards listed in data
  • Key differentiator: Flexible duration and space quantity within stated range; maintenance obligation on lessor
  • Delivery/possession: Not specified beyond lease terms; bidders should prepare for onsite handover upon contract award

Terms, Conditions & Eligibility

  • EMD/ security: Not explicitly stated in data; bidders should verify with ESIC ATC
  • Contract flexibility: Contract quantity/duration can be revised up to 25% pre-issuance; post-issuance also up to 25% per ATC
  • Payment terms: Not specified in data; bidders to reference ATC for payment milestones
  • Documentation: Standard bid submission documents to be aligned with ESIC/ATC requirements; verify GST, PAN, lease proposal, and proof of financial capacity
  • Warranty/penalties: Not details provided
  • Delivery schedule: Not specified; plan for possession contingent on contract finalization and site readiness

Key Specifications

    • Space/Area: 2100 Sq Ft located on the Ground Floor
    • Lease type: Wet lease; maintenance burden on the lessor
    • Tenure flexibility: 5-10 years with potential adjustment up to 25% per ATC
    • Location: Indore, Madhya Pradesh (452001) with proximity considerations
    • Site condition: Streetlights near the building; suitability for ESIC administrative use

Terms & Conditions

  • Emergency proposal indicates 25% adjustment authority at issue and pre-issuance

  • Wet-lease model implies maintenance responsibilities fall on lessor

  • Space must be 2100 sq ft on Ground Floor in Indore with ESIC suitability

Important Clauses

Payment Terms

Not specified in data; bidders must consult ATC for milestone payments and schedule

Delivery Schedule

Possession/possession-ready date not provided; align with lease agreement terms and ATC

Penalties/Liquidated Damages

No LD details in data; verify ATC for any penalties or performance bonds

Bidder Eligibility

  • Eligibility to lease commercial office space in Indore for ESIC operations

  • Experience in providing wet-lease office spaces with maintenance responsibilities

  • Financial capability to support long-term lease of ₹2,016,000 estimated value

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Required Documents

1

GST Registration Certificate

2

Permanent Account Number (PAN) Card

3

Experience Certificates for similar office-space leasing

4

Financial Statements (latest audited) or proof of financial capacity

5

Earnest Money Deposit (EMD) documentation or as per ATC

6

Technical bid documents and lease proposal

7

OEM/Property owner authorizations if applicable

8

Lease-related compliance certificates (if any) and statutory registrations

Frequently Asked Questions

How to bid for ESIC Indore office space tender with 2100 sq ft?

Bidders should review the ATC for ESIC Indore, prepare a lease proposal for 2100 sq ft on the Ground Floor, and submit GST, PAN, financials, and experience certificates. Ensure compliance with the 25% contract adjustment clause and provide maintenance capability for wet-lease terms.

What documents are required for ESIC Indore lease submission 2025?

Required items include GST certificate, PAN, audited financial statements, lease proposal, experience certificates for similar leasing, EMD documentation as per ATC, and any OEM/property owner authorizations if applicable. Ensure all documents are current and notarized where needed.

What are the space specifications for the Indore ESIC tender?

The space target is 2100 square feet on the Ground Floor in Indore, MP 452001. The lease is a wet-lease model with maintenance by the lessor, and the contract may adjust within 25% per ATC at issuance and post-award.

What is the duration flexibility for the Indore ESIC lease tender?

The contract duration is 5 to 10 years. A 25% quantity/duration adjustment is allowed at contract issuance and post-issuance per ATC, enabling alignment with ESIC operational needs and space availability.

Are there penalties or performance bonds in ESIC Indore tender?

Details on penalties or performance bonds are not specified in the data; bidders should verify the ATC. Expect standard ESIC procurement practices to apply and confirm any LD terms during final bid submission.

What are the payment terms for the ESIC Indore lease contract?

Payment terms are not explicitly stated in the tender data. Bidders must refer to the ATC for milestone payments, schedules, and any advance or security deposit requirements to ensure compliance.

How to verify site readiness for the Indore 2100 sq ft office space?

Coordinate with ESIC and property owner to confirm possession date, readiness of Ground Floor access, utilities, and streetlight proximity. Include site visit in the bid plan and ensure lessor maintenance obligations cover utilities and upkeep.

What standards or compliance are applicable to ESIC Indore lease?

The tender data does not specify technical standards; bidders should rely on ATC directions and ensure property compliance with local building codes, safety norms for public sector leases, and ESIC operational requirements for an office space.

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