meteor services Tender Performance & Track Recordmeteor services

Government Tender Analysis: Meteor Services

Meteor Services has submitted bids for 42 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.

Superior Tender Success Rate of 69.0%

Meteor Services demonstrates exceptional government tender performance with an impressive win ratio of 69.0%. Out of 42 tenders, they have secured 29 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, Meteor Services has demonstrated capability in high-value government contracts, participating in 21 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

Meteor Services has bid on contracts with a total value of ₹,98,41,17,968.0, successfully securing ₹,98,41,17,968.0 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 ₹2,71,843.25 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.