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Procurement Market Intelligence Report

General Contractor Services
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for General Contractor Services?

What is the average price of General Contractor Services?

This procurement report includes pricing information to help you purchase General Contractor Services. 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 General Contractor Services 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 General Contractor Services 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 General Contractor Services?

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 General Contractor Services 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 General Contractor Services?

The top four suppliers of general contractor services account for about 25.0% of total market revenue, indicating low market share concentration. There are more than 100,000 general contractors operating in this market, some of the largest of which are Bechtel Corporation, AECOM, Fluor and Kiewit. These and other national suppliers... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Backlog Value

What is your current backlog value? Are those projects similar to my own or are they a mix of construction projects?

Over the past three years, what was your highest and lowest backlog value?

When your backlog value is high, how do you prioritize your time to ensure each project is managed properly?

Based on your current backlog value, how would my project be prioritized?

Regulation

Will you guarantee that you will file and obtain all necessary licenses and permits, as well as certifications and approvals from applicable associations?

Have you received citations for any regulation violations in the past three years? If so, how quickly did you remedy these violations?

Are you endorsed or certified by any relevant trade associations? Can you provide evidence of your endorsement or certification?

How do you address a change in regulation that occurs midway through a project?

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Key elements for every RFP

What should my General Contractor Services RFP include?

Project Budget

Buyers should include as much information about the total scope of the project as possible. If buyers have a budget in mind, this should be included in the proposal so the service providers can create estimates based on this amount.

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 installation or maintenance.

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 when the contract will be awarded.

Buyers should include a timeline of the project, walkthrough dates and expected completion date.

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

Evaluate major factors to mitigate risk

How risky is the General Contractor Services supply chain?

Supply chain risk in the general contractor services market is moderate. Supply inputs are typically readily available, and most supply markets experience high import activity, which helps temper excessive price growth for materials. However, risk among material suppliers fluctuates due to significant volatility further upstream, which causes material prices to... Subscribe to learn more.

HIGH

MEDIUM

LOW