Globe Engineering Associates Government Tender Profile

With a substantial portfolio of 108 government tender participations, Globe Engineering Associates 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 50.0%

Globe Engineering Associates demonstrates exceptional government tender performance with an impressive win ratio of 50.0%. Out of 108 tenders, they have secured 54 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

Globe Engineering Associates has bid on contracts with a total value of ₹,22,84,30,228.0, successfully securing ₹,22,84,30,228.0 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

Their tender history includes significant engagement with Materials Management, Department Of Heavy Industry, Department Of Atomic Energy, where they have demonstrated specific procurement expertise. They have experience bidding with Bharatiya Nabhikiya Vidyut Nigam Limited, Nlc India Limited, showing familiarity with diverse organizational procurement requirements.