padma engineering works Tender Performance & Track Recordpadma engineering works

Padma Engineering Works Government Tender Profile

With a substantial portfolio of 77 government tender participations, Padma Engineering Works 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 46.8%

Padma Engineering Works demonstrates exceptional government tender performance with an impressive win ratio of 46.8%. Out of 77 tenders, they have secured 36 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

Padma Engineering Works has bid on contracts with a total value of ₹1,09,73,869.0, successfully securing ₹1,09,73,869.0 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 Chhattisgarh, Maharashtra government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Na, Central Mine Planning And Design Institute Limited, Materials Management, where they have demonstrated specific procurement expertise. They have experience bidding with Mineral Exploration And Consultancy Limited, Central Mine Planning And Design Institute Limited, showing familiarity with diverse organizational procurement requirements.