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Procurement Market Intelligence Report

Mining 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 Mining Engineering Services in Canada?

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

This procurement report includes pricing information to help you purchase Mining 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 Mining 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 Mining 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 Mining 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 Mining 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 Mining 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?

Competition

  • How does your service differ from that of similar-size competitors? How do you acquire and retain business?
  • With many vendors offering free estimates for service, do you provide other incentives to attract clients besides price?
  • Are you looking to expand your service offerings or focus on a few specialties? How will this influence the types of service plans you offer?
  • What is your reputation compared to your peers in the mining engineering service market?

Additional Services

  • What additional support services are included in your quoted price?
  • Do you offer discounts for bundled services. If so, what are the terms?
  • Could you refer me to another firm for related services I might need?
  • How have your value-added services affected the level of competition you face from other competitors?

Supply Chain

  • What key mining industries do you focus on? How close are you to these markets to provide timely service?
  • How do you monitor your business connections to ensure an efficient and proper supply of inputs?
  • Are prices from your suppliers locked in or subject to change?
  • Do you plan on making any changes to your supply chain that are likely to cut costs in the future?

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 Mining Engineering Services in Canada RFP include?

Project Budget

  • If one exists, buyers should specify their budget for mining engineering services and any related products and services.
  • Buyers should request the vendor’s current pricing structure and available billing models.
  • Buyers should request information regarding service guarantees, cancelation policies or refunds.
  • Buyers can reference the benchmark price section of this report for assistance in creating a budget.

Selection Criteria

  • Buyers should specify their evaluation process for the submitted proposals, including technical and financial evaluation.
  • Buyers should evaluate potential vendors based on their ability to fulfil the buyer's project requirements and expectations.
  • Buyers should evaluate potential vendors based on their experience carrying out related projects and the qualifications of the staff assigned to this project.

Project Schedule

  • Buyers should outline the tentative schedule and process for the RFP and project.
  • Buyers need to include the date when proposals are due and when the award will be announced.
  • Buyers should provide an estimated time frame for assessing the mine and proposing solutions.