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Procurement Market Intelligence Report

Mine Blasting Services
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Mine Blasting Services?

What is the average price of Mine Blasting Services?

This procurement report includes pricing information to help you purchase Mine Blasting 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 Mine Blasting 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 Mine Blasting 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 Mine Blasting 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 Mine Blasting 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 ?

Market share concentration for mine blasting services in the United States is high, with three major suppliers dominating the market in terms of revenue. There are about 320 providers of mine blasting services in 2019, with the market's top suppliers accounting for about 55.0% of total market revenue. The top... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience and Expertise

How long have you provided these products to your longest-tenured client?

What qualifications does your staff have and what measures do you take to keep those qualifications up to date?

What industry do you most commonly supply this product for?

To what extent will ordering multiple products from your firm allow me to save on costs?

What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?

Supply Chain Risk

Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?

Has the availability of raw materials tightened due to the coronavirus outbreak?

Over the past three years, what percentage of your revenue has been dedicated to labor?

How have fluctuations in input prices affected the prices of your products during the past three years?

How do you mitigate sudden price increases in raw materials?

When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?

How, if at all, has your supply chain been affected by import tariffs levied in 2018?


How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?

How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?

What ongoing training procedures do you provide for your staff?

Have you ever been found to be noncompliant with regulatory frameworks?

Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?


Have all of your blast engineers been properly certified to operate explosives and are their certifications up to date?

What accidents, if any, have occurred while your company was blasting?

What type of precautions does your company take as preventative measures to any accidents that may occur?

What is the minimum safe distance recommended for the type of explosives that will be used?

Supply of Input Materials

Who do you get your explosive supplies from?

Have there ever been any delays in receiving explosives from a supplier?

Have you ever had any delays in the completion of a project due to issues concerning explosive supply?

How many suppliers do you source from? Do you have alternative suppliers in the even that your primary supplier cannot meet your required material needs?

How will I be affected by a sudden increase in the cost of explosives from your supplier?


What type of software and technology does your company use to plan a blast?

How do you ensure the efficiency of your blasts?

How long has your company been in the mine blasting business?

What types of material do you have the most experience with blasting?

Legal Compliance

Have you ever experienced any issues where your company failed to comply with either a local or federal law while providing mine blasting services?

What are the most common laws that mine blasting services providers fail to comply with?

In the event that a blasting regulation is not followed, how does this affect me as the buyer?

What measures do you take to ensure that your company is meeting all local regulations?


Do you provide any other incentives to attract clients?

How does your company stand out from other similar sized competitors?

How many of your clients are repeat customers?

Can you provide any customer testimonials from previous work you have completed?

Why are your prices more or less expensive than your competitors?

Do you offer any discounted prices for customers that return to your company for future projects?


How many projects took longer than you originally estimated? What was the cause of the delay?

What is typically the biggest risk leading to a failure of completion or unexpected delays?

What does your company do to mitigate any risk of failing to complete a contract in a timely manner?

In the event of a prolonged delay at fault of the supplier, what do you do to make up for my loss of time?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should state their total budget for the project described in the RFP.

Buyers should state their payment expectations, stating the method in which they will be paying for these services as well as the frequency of payments.

Selection Criteria

Buyers should consider the experience of the supplier, taking into consideration their experience in both the overall market and working on projects similar to the buyer's.

Buyers should consider the safety record of the service provider, giving preference to vendors that have a history of minimal accidents.

Buyers should consider the proposed cost of the project from each supplier.

Project Schedule

Buyers should provide a timeline, highlighting key dates that pertain to the RFP process, including the final dates to submit questions to the buyer and provide a bid.

Buyers should provide a timeline that covers the key milestones of the overall project, including the first day the supplier will begin to render services and the expected completion date.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The supply chain for mine blasting services has a moderate level of risk, indicating buyers are at some risk of facing disruptions in the procurement and execution of these services. Explosives manufacturers are major first-tier suppliers in the mine blasting service supply chain. Suppliers face a high level of risk... Subscribe to learn more.