Government Tender Analysis: Ocean Technologies

Ocean Technologies has submitted bids for 39 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 7 Contract Wins

Ocean Technologies has successfully secured 7 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 17.9% across 39 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

Ocean Technologies has bid on contracts with a total value of ₹,10,15,56,219.0, successfully securing ₹,10,15,56,219.0 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

Their tender history includes significant engagement with Department Of Military Affairs, Department Of Defence, Home Department Gujarat, where they have demonstrated specific procurement expertise. They have experience bidding with Indian Navy, Controller General Of Defence Accounts, showing familiarity with diverse organizational procurement requirements.