Best Instruments Government Tender Profile

With a substantial portfolio of 143 government tender participations, Best Instruments 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.

Proven L1 Bid Success with 31 Contract Wins

Best Instruments has successfully secured 31 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 21.7% across 143 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

Best Instruments has bid on contracts with a total value of ₹,20,09,23,019.0, successfully securing ₹,20,09,23,019.0 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 ₹,35,145.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus