Government Tender Analysis: Paramount Spring & Engineering Co.

Paramount Spring & Engineering Co. has submitted bids for 33 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

Paramount Spring & Engineering Co. has successfully secured 12 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 36.4% across 33 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

Paramount Spring & Engineering Co. has bid on contracts with a total value of ₹1,21,28,757.0, successfully securing ₹1,21,28,757.0 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 Chhattisgarh, Odisha, West Bengal government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Steel Authority Of India Limited, Department Of Heavy Industry, Hindustan Copper Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Durgapur Steel Plant, Ntpc Limited, Rourkela Steel Plant, showing familiarity with diverse organizational procurement requirements.