Government Tender Analysis: Hitech Bitumen Products

Hitech Bitumen Products has submitted bids for 11 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 54.5%

Hitech Bitumen Products demonstrates exceptional government tender performance with an impressive win ratio of 54.5%. Out of 11 tenders, they have secured 6 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.

Specialized Government Procurement Focus

Their tender history includes significant engagement with Indian Railways, Department Of Heavy Industry, where they have demonstrated specific procurement expertise.

Strong Technical Qualification Rate: 90.9%

Hitech Bitumen Products demonstrates solid capability in meeting government tender requirements with a technical qualification rate of 90.9%. Successfully qualifying for 10 out of 11 tenders indicates their strong compliance capabilities and understanding of public procurement specifications. This qualification performance establishes them as a technically competent bidder capable of meeting diverse government tender requirements.