Indian Institute Of Foreign Trade Residential Property Leasing Tender South Delhi 2 BHK CCTV ATC 2026

Tender Overview

The Indian Institute Of Foreign Trade (IIFT) Department of Commerce invites bids for leasing a 2 BHK residential property in South Delhi, 110016. The contract spans up to 5 years, with wet lease maintenance borne by the lessor. Required amenities include CCTV facility, streetlights near the building, and electricity back-up. Estimated project value is ₹31,684,527 and an EMD of ₹633,691 applies. A notable ATC clause permits a 25% variation in contract quantity or duration; bidders must comply with this provision. This procurement targets secure, compliant housing with integrated security and utilities for institutional use. No BOQ items are published, indicating a flexible leasing scope under terms to be finalized.

Technical Specifications & Requirements

• Property type: 2 BHK residential lease under a wet lease (maintenance by lessor)
• Location: South Delhi, Delhi 110016
• Lease duration: Up to 5 years; quantity/duration may vary by up to 25% per ATC
• Amenities: CCTV facility, streetlights near the building, electricity back-up; all provided by lessor
• Financials: Estimated value ₹31,684,527; EMD ₹633,691 to be deposited
• Documentation: No BOQ items; ATC document referenced; compliance with governing terms
• Standards: Not specified in tender data; bidders should prepare standard lease documentation and security apparatus accordingly

Terms, Conditions & Eligibility

• EMD: ₹633,691 to be submitted as per tender terms
• ATC clause: Quantity/duration can increase by up to 25% prior to contract award
• Maintenance: Entire maintenance burden on lessor (wet lease)
• Delivery/handover: Not specified; to be determined during contract finalization
• Eligibility: Must demonstrate capability to provide secure residential leasing with utilities and CCTV installation/maintenance
• Payment terms: Not detailed in data; to be defined in final contract