Varnoj Associates Government Tender Profile

With a substantial portfolio of 59 government tender participations, Varnoj Associates 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.

Superior Tender Success Rate of 47.5%

Varnoj Associates demonstrates exceptional government tender performance with an impressive win ratio of 47.5%. Out of 59 tenders, they have secured 28 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.

Notably, Varnoj Associates has demonstrated capability in high-value government contracts, participating in 31 major procurement projects. This experience with premium government tenders indicates their capacity to handle significant public sector work and complex project requirements.

Financial Performance in Government Tenders

Varnoj Associates has bid on contracts with a total value of ₹1,42,01,91,778.0, successfully securing ₹1,42,01,91,778.0 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.

The company's average Earnest Money Deposit (EMD) of ₹4,72,163.25 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.