STANDARD MATERIALS AGENCIES PRIVATE LIMITED: Government Tender Profile

STANDARD MATERIALS AGENCIES PRIVATE LIMITED demonstrates strategic engagement in India's public procurement landscape, participating in 226 government tenders. This analysis provides detailed insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Impressive L1 Bid Success: 21 Contract Wins

With 21 L1 positions secured in government tenders, STANDARD MATERIALS AGENCIES showcases a strategic pricing approach and competitive bid strategy. A win rate of 9.3% across 226 tender participations demonstrates a consistent track record in government procurement. While the company currently holds 0 L2 and 0 L3 rankings, their competitiveness in public sector contracts remains notable.

Financial Performance in Government Tenders

The company has bid on contracts totaling ₹9,20,72,425.0, securing the full amount in government contract value. This 100.0% conversion rate from bid value to won contracts underscores their effectiveness in targeting and securing valuable public sector projects. Their average Earnest Money Deposit (EMD) of ₹24,928.33 indicates a robust financial capacity to participate in significant government tenders requiring bid security.

Specialized Government Procurement Focus

STANDARD MATERIALS AGENCIES PRIVATE LIMITED has established a strong regional presence in Chhattisgarh, Kerala, and Punjab government tenders, demonstrating a focused geographic specialization in their public procurement strategy. Their tender history includes substantial engagement with the Department Of Atomic Energy, Department Of Fertilizers, and Department Of Heavy Industry, demonstrating specialized procurement expertise. Furthermore, they have experience bidding with Bharat Heavy Electricals Limited (Bhel), Irel (India) Limited, and The Fertilisers And Chemicals Travancore Limited, evidencing familiarity with diverse organizational procurement requirements.