Salem Commercial Complex Shop Lease Auction for Three Years

Work Description - Salem Corporation Suramangalam Ward Office Public Auction Three Years Lease New Bustand Commercial Complex Permanent Shop No.36

This tender describes a public auction for a three-year lease of Permanent Shop No. 36 located within the New Bustand Commercial Complex in the Suramangalam ward office of Salem Corporation. The auction is being conducted by THE COMMISSIONER, SALEM CITY MUNICIPAL CORPORATION, with the organization being MAWS, a State Government and UT entity. The tender documents will be available for download starting from September 1, 2026, at 02:00 PM and will close for download on September 18, 2026, at 11:00 AM. Bids can be submitted online from September 1, 2026, at 02:00 PM until September 18, 2026, at 11:00 AM. The bid opening will take place on September 18, 2026, at 11:30 AM at the Salem City Municipal Corporation, Fort Main Road, Salem. A significant Earnest Money Deposit (EMD) of ₹2,00,000 is required, which is a fixed amount and not subject to percentage calculation. The tender is categorized under "Works" with a product category of "Miscellaneous Works" and is specifically a "Rate Contract" for a period of 365 days. The tender value is listed as ₹0.00. No pre-bid meeting is scheduled. The tender is a single-cover bid and does not allow for two-stage bidding or multi-currency payments for fees or Bill of Quantities. Tenderers are classified as IV class.