Space Solutions: Government Tender Performance Analysis

Space Solutions has begun establishing presence in India's government tender ecosystem with participation in 9 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Government Tender Performance Development

Space Solutions has achieved 1 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 11.1% across 9 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Financial Performance in Government Tenders

Space Solutions has bid on contracts with a total value of ₹1,70,27,724.0, successfully securing ₹1,70,27,724.0 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 Maharashtra government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Central Public Works Department, Department Of Military Affairs, Airports Authority Of India (Aai), where they have demonstrated specific procurement expertise. They have experience bidding with Cpwd, showing familiarity with diverse organizational procurement requirements.