Government Tender Analysis: Areca Technologies

Areca Technologies has submitted bids for 18 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.

Government Tender Performance Development

Areca Technologies has achieved 2 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 11.1% across 18 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Notably, Areca Technologies has demonstrated capability in high-value government contracts, participating in 5 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

Areca Technologies has bid on contracts with a total value of ₹,22,04,67,266.0, successfully securing ₹,22,04,67,266.0 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 ₹2,25,985.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.