prakash engineering works Tender Performance & Track Recordprakash engineering works

Prakash Engineering Works Government Tender Profile

With a substantial portfolio of 87 government tender participations, Prakash 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 71.3%

Prakash Engineering Works demonstrates exceptional government tender performance with an impressive win ratio of 71.3%. Out of 87 tenders, they have secured 62 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

Prakash Engineering Works has bid on contracts with a total value of ₹2,22,11,090.0, successfully securing ₹2,22,11,090.0 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 Maharashtra government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Materials Management, Coal India Limited, Department Of Atomic Energy, where they have demonstrated specific procurement expertise. They have experience bidding with Western Coalfields Limited, showing familiarity with diverse organizational procurement requirements.