Government Tender Analysis: Advent Technologies

Advent Technologies has submitted bids for 37 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.

Proven L1 Bid Success with 13 Contract Wins

Advent Technologies has successfully secured 13 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 35.1% across 37 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

Advent Technologies has bid on contracts with a total value of ₹,14,77,89,756.0, successfully securing ₹,14,77,89,756.0 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 ₹,90,000.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus