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Procurement Market Intelligence Report

Electrical Engineering Services in Canada
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Electrical Engineering Services in Canada?

What is the average price of Electrical Engineering Services in Canada?

This procurement report includes pricing information to help you purchase Electrical Engineering Services in Canada. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Electrical Engineering Services in Canada been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Electrical Engineering Services in Canada yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Electrical Engineering Services in Canada?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Electrical Engineering Services in Canada with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Evaluate major factors to mitigate risk

How risky is the Electrical Engineering Services supply chain in Canada?

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HIGH

MEDIUM

LOW

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Regulation

  • How do you manage the impact that regulatory change in Canada has on your business?
  • How has increased regulation changed compliance costs and your pricing? What changes do you anticipate during the next three years?
  • What certifications does your staff have, and are there ongoing training sessions?
  • How do you keep informed about ongoing regulatory changes?
  • Do you carry adequate liability insurance, workers’ compensation and other necessary insurance?

Competition

  • What is your reputation like among customers and how have you developed it? Is your reputation higher in any specialized industries?
  • How does your service differ from similar competitors'? How do you win and retain business?
  • With many vendors offering free consultations, do you provide other incentives to attract customers?
  • What kind of warranties can you provide for the integrity of the work?

Work Routine

  • Do you work continuously until project completion?
  • Who will be at the site, and how will the site be supervised?
  • Will you be working on multiple projects during this time or just my project?
  • How are you planning on organizing this project in terms of benchmarks or milestones?
  • How often can I expect progress reports?

Sourcing across North America?

Combine Canada Spotlight Reports with our US Market Intelligence to bolster your North American strategy

Key elements for every RFP

What should my Electrical Engineering Services in Canada RFP include?

Project Budget

  • Buyers should explicitly state the amount of the contract award.
  • Buyers should explain whether they expect to pay for services after each project, or at some other point during the life of the contract.
  • Buyers can consult the Benchmark Price section of this report to determine an approximation of how much they should pay.
  • Buyers should define a payment schedule.

Selection Criteria

  • Buyers should evaluate the experience of the engineers that will be assigned to the project and factor in which engineering certifications they have into the selection decision.
  • Buyers should make sure the provider offers appropriate engineers that have the expertise and certifications needed for the project.
  • Buyers should evaluate providers based on the estimated costs of the engineering services they are offering.
  • Buyers should only select vendors that are in good standing with regulatory agencies (e.g. Department of Labour, National Fire Codes of Canada, Canadian Electrical Code).

Project Schedule

  • Buyers need to include the date proposals are due and when award information will be available.
  • Buyers should provide the timeline of the project.
  • Buyers should also include any other benchmark dates relevant to the project that suppliers will need to be aware of.
  • Buyers should list the expected start date once a supplier is chosen.