Government Tender Analysis: Fibre Glass Insulation

Fibre Glass Insulation has submitted bids for 49 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.

Superior Tender Success Rate of 51.0%

Fibre Glass Insulation demonstrates exceptional government tender performance with an impressive win ratio of 51.0%. Out of 49 tenders, they have secured 25 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

Fibre Glass Insulation has bid on contracts with a total value of ₹4,30,35,183.0, successfully securing ₹4,30,35,183.0 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 Madhya Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Heavy Industry, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), showing familiarity with diverse organizational procurement requirements.