Binod Kumar Prasad Government Tender Profile

With a substantial portfolio of 55 government tender participations, Binod Kumar Prasad 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 54.5%

Binod Kumar Prasad demonstrates exceptional government tender performance with an impressive win ratio of 54.5%. Out of 55 tenders, they have secured 30 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

Binod Kumar Prasad has bid on contracts with a total value of ₹,10,25,55,076.0, successfully securing ₹,10,25,55,076.0 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 Jharkhand government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Transport Department Jharkhand, Home Department Jharkhand, Higher And Techical Education Department Jharkhand, where they have demonstrated specific procurement expertise. They have experience bidding with Punjab National Bank, showing familiarity with diverse organizational procurement requirements.