Tender Overview
Employees State Insurance Corporation (ESIC) seeks a commercial property lease for Ground Floor office space of 1000 square feet with a lease term of 5-10 years. The arrangement is a wet lease (maintenance to be borne by lessor), with streetlights near the building indicated as a feature. Estimated contract value is ₹10,80,000. The tender contemplates a single property with location unspecified, and includes a 25% quantity/duration flexibility at issue and post-issuance. No BOQ items are listed, suggesting a straightforward tenancy contract rather than a multi-line goods schedule. This procurement targets reliable landlords familiar with government office requirements and compliant with ESIC premises standards.
Technical Specifications & Requirements
- Lease type: Wet lease with maintenance by the lessor
- Premises size: 1000 square feet
- Location attributes: Ground floor accessibility; streetlights near the building
- Duration window: 5 to 10 years with option to adjust up to 25% at contract issuance and thereafter
- Estimated value: ₹10,80,000 for the contract period
- Items/BoQ: No BOQ items listed; no internal goods schedule required
- Delivery/possession: Not specified; assume immediate or as agreed in lease
- EMD/guarantees: Not specified in data; bidders should confirm exact EMD terms in addenda
Terms, Conditions & Eligibility
- Quantity/duration adjustment: Up to 25% at contract issue and non-colio post-issuance
- Maintenance responsibility: Lessors to bear maintenance for entire lease term
- Payment terms: Not specified; bidders should seek explicit terms in tender documents
- Documentation: Typical proposals require seller/landlord credentials, property title, occupancy permissions, GST/PAN, and compliance reports
- Warranty/penalties: Not specified; verify penalties or SLAs in ATC addenda
- Validity: Ensure tenancy aligns with ESIC occupancy norms and security clearances