first choice facilities Tender Performance & Track Recordfirst choice facilities

First Choice Facilities Government Tender Profile

With a substantial portfolio of 145 government tender participations, First Choice Facilities 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.

Superior Tender Success Rate of 47.6%

First Choice Facilities demonstrates exceptional government tender performance with an impressive win ratio of 47.6%. Out of 145 tenders, they have secured 69 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Notably, First Choice Facilities has demonstrated capability in high-value government contracts, participating in 18 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

First Choice Facilities has bid on contracts with a total value of ₹2,28,82,28,875.0, successfully securing ₹2,28,82,28,875.0 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 ₹8,81,629.8181818182 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.