NEO INNOVATIONS

Neo Innovations has submitted bids for 40 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 12 Contract Wins

Neo Innovations has successfully secured 12 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 30.0% across 40 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

Neo Innovations has bid on contracts with a total value of ₹1,37,44,247.0, successfully securing ₹1,37,44,247.0 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 Rajasthan, Telangana government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Military Affairs, Department Of Defence, Department Of Science And Technology (Dst), where they have demonstrated specific procurement expertise. They have experience bidding with Indian Army, showing familiarity with diverse organizational procurement requirements.

Strong Technical Qualification Rate: 92.5%

Neo Innovations demonstrates solid capability in meeting government tender requirements with a technical qualification rate of 92.5%. Successfully qualifying for 37 out of 40 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.

Their relatively low disqualification rate of 7.5% indicates generally sound technical compliance practices, though continued refinement in documentation standards could further improve qualification outcomes.

Government Procurement Partner Assessment

For organizations seeking to partner with experienced government contractors, Neo Innovations's tender performance data provides valuable insights into their public sector capabilities and competitive advantages. Their track record of 12 L1 bids and 30.0% win rate offers clear metrics of their procurement effectiveness and potential for future government contract success. This analysis serves as a comprehensive resource for evaluating their suitability as a procurement partner in India's diverse government tender ecosystem.