Utec Government Tender Profile

With a substantial portfolio of 325 government tender participations, Utec has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 39 Contract Wins

Utec has successfully secured 39 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 12.0% across 325 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

Utec has bid on contracts with a total value of ₹,15,87,75,814.0, successfully securing ₹,15,87,75,814.0 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 Tamil Nadu, Karnataka government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Na, Department Of Heavy Industry, Department Of Defence Production, where they have demonstrated specific procurement expertise. They have experience bidding with Advanced Weapons And Equipment India Limited, Bharat Heavy Electricals Limited (Bhel), Armoured Vehicles Nigam Limited, showing familiarity with diverse organizational procurement requirements.