Government Tender Analysis: Labkarts

Labkarts has submitted bids for 20 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.

Proven L1 Bid Success with 8 Contract Wins

Labkarts has successfully secured 8 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 40.0% across 20 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

Labkarts has bid on contracts with a total value of ₹9,84,36,420.0, successfully securing ₹9,84,36,420.0 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 Karnataka government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Higher Education, Na, Department Of Defence Research & Development, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), Central Power Research Institute (Cpri) Bangalore Karnataka, showing familiarity with diverse organizational procurement requirements.