Government Tender Analysis: Tap Engineering

Tap Engineering has submitted bids for 48 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.

Superior Tender Success Rate of 60.4%

Tap Engineering demonstrates exceptional government tender performance with an impressive win ratio of 60.4%. Out of 48 tenders, they have secured 29 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Tap Engineering has bid on contracts with a total value of ₹,10,31,55,387.0, successfully securing ₹,10,31,55,387.0 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 Karnataka government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Materials Management, Department Of Atomic Energy, Department Of Heavy Industry, where they have demonstrated specific procurement expertise. They have experience bidding with Nuclear Power Corporation Of India Limited, showing familiarity with diverse organizational procurement requirements.