Government Tender Analysis: Veecons International

Veecons International has submitted bids for 21 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.

Government Tender Performance Development

Veecons International has achieved 2 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 9.5% across 21 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

Veecons International has bid on contracts with a total value of ₹5,14,14,540.0, successfully securing ₹5,14,14,540.0 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

Their tender history includes significant engagement with Bharat Petroleum Corporation Ltd, Indian Oil Corporation Limited, Gail India Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Petroleum Corporation Ltd, showing familiarity with diverse organizational procurement requirements.