Government Tender Analysis: Modern Spring Manufacturing Co.

Modern Spring Manufacturing Co. has submitted bids for 42 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 6 Contract Wins

Modern Spring Manufacturing Co. has successfully secured 6 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 14.3% across 42 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

Modern Spring Manufacturing Co. has bid on contracts with a total value of ₹1,53,81,070.0, successfully securing ₹1,53,81,070.0 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 Kerala, Madhya Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Atomic Energy, Department Of Fertilizers, Steel Authority Of India Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Alloy Steel Plant, Braithwaite And Company Limited, Durgapur Steel Plant, showing familiarity with diverse organizational procurement requirements.