Barrel Hone Government Tender Profile

With a substantial portfolio of 143 government tender participations, Barrel Hone 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.

Government Tender Performance Development

Barrel Hone has achieved 5 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 3.5% across 143 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.

Financial Performance in Government Tenders

Barrel Hone has bid on contracts with a total value of ₹,33,89,82,582.0, successfully securing ₹,33,89,82,582.0 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 West Bengal government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Defence Production, Steel Authority Of India Limited, Department Of Heavy Industry, where they have demonstrated specific procurement expertise. They have experience bidding with Ai Engineering Services Limited, Bharat Heavy Electricals Limited (Bhel), Durgapur Steel Plant, showing familiarity with diverse organizational procurement requirements.