Aggregated Central e-Procurement Bidding Intelligence
VA
Government ContractorVerified Bidding Record

Vel Associates

Aggregated public procurement dossier compiling official financial evaluations, competitive bidding ranks (L1, L2, L3), and tender awards.

Historical Win Rate1 Win
14.3%award ratio

1 awarded across 7 participated tenders

Primary Issuing Authorities:national highways authority of indiaairports authority of india
Official Central e-Procurement Evaluation Data

Total Tenders Bidded

7

Evaluated bids submitted

Official L1 Wins

1

Lowest responsive bidder

Won Contracts Value

₹29.78 L

Cumulative awarded volume

Total Quoted Pipeline

₹2.40 Cr

Aggregated financial quotes

Competitive Position & Rank Distribution

Historical rank distribution across technical evaluations and financial openings

Average Margin vs Estimate: -8.8%
Bidding Outcome Proportion7 Total Evaluated Bids
L114.3%

1

Winning Bid

L214.3%

1

Runner Up

H30.0%

0

3rd Lowest

L4+0.0%

0

Higher Ranks

DQ42.9%

3

Disqualified

Profile Summary & Procurement Overview

Vel Associates is a government contractor with 7 participated tenders, 1 L1 contract wins (14.3% win rate), and approximately ₹29.78 L in awarded works.

The firm achieved lowest conforming bid position (L1) across official evaluations. In competitive bidding assessments, the firm has also finished as the secondary bidder (L2) in 1 tender. Primary issuing authorities include national highways authority of india, airports authority of india.

Tender Bidding Archive & Historical Records

Evaluation records and financial bids submitted by Vel Associates

—Accepted-Technical
20-Apr-2023
Operation and Maintenance of Highway Nest Mini including the toilets under the jurisdiction of RO Chennai
national highways authority of india•Chennai Region
Quoted Bid—
Estimated—
Margin—
L-2Awarded: Naagar Infrastructure Pvt Ltd
11-Feb-2020
Construction of Fire pit and providing waterline to solar plant at Hubli Airport
airports authority of india•Hubli Airport
Quoted Bid₹45.71 L
Estimated₹49.20 L
Margin-7.1%
L1Awarded (L1)
05-Feb-2020
Construction of Doppler VHF Omni Range Make Mopiens
airports authority of india•Coimbatore International Airport
Quoted Bid₹29.78 L
Estimated₹35.74 L
Margin-16.67%
—Not Admitted-Fee/PreQual/Technical
18-Jun-2020
Construction of RCC UG Sumps, Relocation of Pump house, Drilling of Bore wells and other Misc. works at Coimbatore International Airport
airports authority of india•Coimbatore International Airport
Quoted Bid—
Estimated₹1.85 Cr
Margin—
L2Awarded: C P MONCHESTER ELECTRICALS
08-Jan-2021
Provision of Support services for New DVOR installation at Coimbatore International Airport
airports authority of india•Coimbatore International Airport
Quoted Bid₹5.30 L
Estimated—
Margin—
L-6Awarded: THANDON INFRASTRUCTURE PVT LTD
13-Feb-2021
Development of Belagavi Airport SH Construction of Localizer Platform over pile foundation and Extension of DVOR building including internal electrification work at Belagavi Airport
airports authority of india•Belagavi
Quoted Bid₹1.60 Cr
Estimated₹1.64 Cr
Margin-2.63%

Frequently Asked Questions

How many government tenders has Vel Associates participated in?

According to public e-procurement data records, Vel Associates has participated in 7 government infrastructure and procurement tenders across central and state authorities.

How many tenders has Vel Associates won as winning bidder (L1)?

Vel Associates has secured 1 tenders as the official lowest bidder (L1) or awardee, achieving an overall win rate of 14.3%.

What is the total value of government contracts awarded to Vel Associates?

The cumulative value of project contracts awarded to Vel Associates is approximately ₹29.78 L, across agencies such as national highways authority of india, airports authority of india.

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