labtech instruments Tender Performance & Track Recordlabtech instruments

Labtech Instruments Government Tender Profile

With a substantial portfolio of 56 government tender participations, Labtech Instruments 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 21 Contract Wins

Labtech Instruments has successfully secured 21 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 37.5% across 56 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.

Financial Performance in Government Tenders

Labtech Instruments has bid on contracts with a total value of ₹,12,25,95,241.0, successfully securing ₹,12,25,95,241.0 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.

Specialized Government Procurement Focus

The company has established a regional presence in Assam, Mizoram government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Higher Education, Agriculture Department Mizoram, Department Of Health And Family Welfare, where they have demonstrated specific procurement expertise. They have experience bidding with Mizoram University, Administration Of Medical Officer Esi Scheme, showing familiarity with diverse organizational procurement requirements.