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Procurement Market Intelligence Report

Boiler & Furnace Maintenance & Repair Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Boiler & Furnace Maintenance & Repair?

What is the average price of Boiler & Furnace Maintenance & Repair?

This procurement report includes pricing information to help you purchase Boiler & Furnace Maintenance & Repair. 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 Boiler & Furnace Maintenance & Repair 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 Boiler & Furnace Maintenance & Repair 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 Boiler & Furnace Maintenance & Repair?

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 Boiler & Furnace Maintenance & Repair with a reduced risk of unexpected costs.

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

Find the vendor to meet your needs

Where can I purchase Boiler & Furnace Maintenance & Repair?

The market for boiler and furnace M&R has a low level of concentration, with no firm holding more than 5.0% of market share. Most M&R firms are small, serve only their local market and have just one location, resulting in a highly fragmented market. Moreover, this market has become less... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Work Capacity

What is your firm's expected workload during the project period?

Beyond working at my facility, what are the time commitments of the staff members that will comprise my service team?

How many accounts does my account manager oversee?

If a senior staff member on this project leaves, will he or she be replaced by an equally qualified person?

Emergency Preparedness

Are technicians available 24/7?

What would your response time to my location be for an emergency service call?

Will your technicians be able to access any of my facilities within my desired time constraint (if the buyer has multiple facilities)?

How are account repairs prioritized in the case of an emergency?

Contract Structure, Pricing & Payment

What is the average duration of a service contract with your company? Will a longer contract term correspond to more favorable rates?

Of your available options, what types of M&R service agreements are most commonly purchased from your company?

What work covered by this contract could be subcontracted and why?

What is your markup for parts?

What is the inventory of parts, if any, to be stored at my facility? If I take responsibility of equipment storage, will I pay a lower rate?

What discounts are offered for various forms of payment?

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Key elements for every RFP

What should my Boiler & Furnace Maintenance & Repair RFP include?

Project Budget

Buyers should include as much information as possible about the total scope of the project.

Buyers should include information about the payment schedule (i.e. if it is incremental or done at the completion of the project).

Buyers can consult the Benchmark Price section of this report to determine about how much they should pay for repair or maintenance services.

Selection Criteria

Buyers should specify what measures of quality they will be using to select a supplier. For example, these measures can be reputation, credentials of staff, customer service and depth of the technical plan submitted.

Buyers should also choose a supplier based on the price estimate given.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include a deadline for proposal submittals and state when the contract will be awarded.

Buyers should include a timeline of the project or desired frequency of maintenance services.

Buyers should include any other benchmark dates that are relevant to the project.

Evaluate major factors to mitigate risk

How risky is the Boiler & Furnace Maintenance & Repair supply chain?

The supply chain for boiler and furnace M&R has a moderate degree of risk. The market’s primary upstream suppliers include heating equipment manufacturers, truck manufacturers, gas stations and tool and hardware wholesalers. Suppliers of boiler and furnace M&R rely on truck manufacturers to provide vehicles for transportation, and tool and... Subscribe to learn more.

HIGH

MEDIUM

LOW