Tender Overview
Organization: Employees State Insurance Corporation (ESIC) – Indore, Madhya Pradesh. Product/Service: Lease of commercial office space (wet lease; maintenance by lessor) for a 1000 square feet ground floor premises. Estimated value: ₹1,080,000. Location: Indore, Madhya Pradesh 452001. Contract duration: 5 to 10 years with 25% quantity/duration fluctuation allowed. Unique aspects include streetlight proximity and delivery of vacant possession on lease commencement. Emphasis on maintenance by the lessor and compliance with local building norms.
Technical Specifications & Requirements
- Premises type: Ground floor, commercial office space, 1000 square feet.
- Lease terms: Wet lease with maintenance to be borne by the lessor; duration range 5-10 years.
- Location features: Proximity to streetlights near the building; notional site features not fully specified.
- Delivery/possession: Premises to be suitable for ESIC occupancy with basic civil readiness; no BOQ items defined.
- Minimum expectations: Availability of essential utilities, compliance with local regulations, and ability to sign space lease for the stated term.
Terms, Conditions & Eligibility
- Contract quantity/duration flexibility: Up to 25% increase/decrease at contract issue and post-issue approval.
- EMD / security: Not specified in available data; bidders should verify at bid submission.
- Documentation: As per ESIC leasing bids, typically GST, PAN, property title/owner authorization, and financials; ensure readiness if called.
- Delivery timeline: Not explicitly stated; alignment with ESIC procurement schedules required.
- Payment terms: Not disclosed in data; bidders must await formal terms in the ATC.
- Warranty/penalties: Not specified; risk/penalty clauses would be per ESIC standard lease conditions.