Government Tender Analysis: Island Marine

Island Marine has submitted bids for 26 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 42.3%

Island Marine demonstrates exceptional government tender performance with an impressive win ratio of 42.3%. Out of 26 tenders, they have secured 11 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

Island Marine has bid on contracts with a total value of ₹6,04,80,266.0, successfully securing ₹6,04,80,266.0 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 Andaman & Nicobar government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Electricity Department, Andaman & Nicobar, Department Of Military Affairs, Rural Development & Panchayat Department Andaman, where they have demonstrated specific procurement expertise. They have experience bidding with Central Board Of Direct Taxes (Cbdt), showing familiarity with diverse organizational procurement requirements.