covenant systems
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 30 October 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 61 bids — NEXGEN BUSINESS appeared in 47 of them.
COVENANT SYSTEMS
COVENANT SYSTEMS
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
78
Contract Value
₹238.12 Cr
L1 Bids
13
Recent Win Rate
30.0%
Performance Analytics
Covenant Systems Government Tender Profile
With a substantial portfolio of 78 government tender participations, Covenant Systems has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.
Proven L1 Bid Success with 13 Contract Wins
Covenant Systems has successfully secured 13 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 16.7% across 78 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.
Notably, Covenant Systems has demonstrated capability in high-value government contracts, participating in 7 major procurement projects. This experience with premium government tenders indicates their capacity to handle significant public sector work and complex project requirements.
Financial Performance in Government Tenders
Covenant Systems has bid on contracts with a total value of ₹2,38,12,48,660.0, successfully securing ₹2,38,12,48,660.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.
The company's average Earnest Money Deposit (EMD) of ₹1,24,400.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.