Learn about actual and potential costs
How much should I pay for Oil & Gas Field Consulting Services?
What is the average price of Oil & Gas Field Consulting Services?
This procurement report includes pricing information to help you purchase Oil & Gas Field Consulting 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 Oil & Gas Field Consulting 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 Oil & Gas Field Consulting 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 Oil & Gas Field Consulting 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 Oil & Gas Field Consulting 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 ?
Currently, there are an estimated 9,000 oil and gas field consulting service providers in the United States. The top four vendors in the market account for less than 30.0% of market revenue, indicating a low level of market share concentration. Market share concentration has been rising slowly in the three... 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?
How do you recruit and retain senior staff?
Are there records that show prior training and certifications available for all consultants?
How long has each member of the team you are proposing for this project been working with you?
Are staff members permanently assigned to clients, or do clients work with different personnel for each project?
What policies have you implemented throughout your company in response to the spread of the coronavirus? Have any work-from-home policies affected your clients or your employees' ability to provide quality services?
Which consultation services are you currently unable to provide due to the pandemic and social distancing practices?
Are you a member of any relevant associations? If so, what are they? What support do you receive from them?
Tell me about similar projects you have worked on in the past. What challenges did you face and how did you overcome them?
What is your oil recovery rate?
What is your on-time completion rate for projects such as this? What is your implementation plan?
Does your company provide services on a national level or on a local level? What industries do you primarily serve?
Do you operate globally? If so, where?
How quickly can you source additional engineers or specialists to service my oil or gas field?
What makes your location more strategic than your competitors'?
Do you offer discounts for bundled services? If so, what are the terms?
What value-added services do you provide?
What other services do you provide in-house that you think may be of use to me specifically?
Could you refer me to another firm for related services I may need?
Will you take care of all necessary licensing and permits, as well as approvals and certifications from applicable associations?
Do you keep all collected data? What are your typical procedures concerning privacy and security rights?
Have you ever faced a lawsuit pertaining to environmental regulations? What was the outcome? Are you liable for any damages?
Are there ongoing training sessions or continuing education requirements for your staff?
How do you attract new clients and retain existing clients?
How does your firm maintain a competitive edge?
What is your reputation like among customers and how have you developed it?
What is your client turnover rate? How long do your contracts last, on average?
What is your reputation like among customers and peers, and how have you developed it?
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Key elements for every RFP
What should my RFP include?
Buyers should state their total budget for the contract.
Buyers should provide a breakdown of their budget, stating what costs are included and what costs if any are not included in the budget.
Buyers should state their preferred payment method.
Buyers should assess the vendor's experience in the market, specifically their experience with projects similar to the buyer's.
Buyers should consider the vendor's level of customer service during past projects.
Buyers should consider the vendor's level of performance, reviewing case studies to assess whether or not the vendor has a track record of achieving their client's goals
Buyers should provide a list of dates that pertain to the RFP process, including the final dates to submit questions and bids.
Buyers should provide a list of key milestones that will occur throughout the contract period, such as the first day services begin, the start and end date of each phase of the project and the date the project is expected to be over.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain for oil and gas field consulting services has a moderate degree of risk. Key inputs are sourced from computer and electronic product wholesalers, office stationery wholesalers and packaged software publishers. There is a low risk of supply disruptions from upstream suppliers because key inputs are readily available;... Subscribe to learn more.