neesco Tender Performance & Track Recordneesco

Government Tender Analysis: Neesco

Neesco has submitted bids for 17 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 41.2%

Neesco demonstrates exceptional government tender performance with an impressive win ratio of 41.2%. Out of 17 tenders, they have secured 7 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.

Financial Performance in Government Tenders

Neesco has bid on contracts with a total value of ₹3,33,82,054.0, successfully securing ₹3,33,82,054.0 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

Their tender history includes significant engagement with Oil India Limited, Na, Indian Oil Corporation Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Numaligarh Refinery Limited, showing familiarity with diverse organizational procurement requirements.