Innova Bio Life Technology Government Tender Profile

With a substantial portfolio of 76 government tender participations, Innova Bio Life Technology 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 19 Contract Wins

Innova Bio Life Technology has successfully secured 19 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 25.0% across 76 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

Innova Bio Life Technology has bid on contracts with a total value of ₹8,55,75,392.0, successfully securing ₹8,55,75,392.0 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 Haryana government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Agricultural Research And Education (Dare), Department Of Biotechnology (Dbt), Department Of Biotechnology (Dbt) Government Of India, where they have demonstrated specific procurement expertise. They have experience bidding with Indian Council Of Agricultural Research (Icar), All India Institute Of Medical Sciences (Aiims), showing familiarity with diverse organizational procurement requirements.