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Procurement Market Intelligence Report

Oil & Gas Pipe Coating Services
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Oil & Gas Pipe Coating Services?

What is the average price of Oil & Gas Pipe Coating Services?

This procurement report includes pricing information to help you purchase Oil & Gas Pipe Coating 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 Pipe Coating 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 Pipe Coating 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 Pipe Coating 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 Pipe Coating 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 ?

Oil and gas pipe coating services are available from an estimated 215 suppliers in 2020. The top four vendors generate less than 30.0% of total market revenue, which indicates a low level of market share concentration. The market's largest vendors consist of a few multinational firms that supply a variety... 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?

Regulation

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?

Experience

Are you a member of any relevant industry associations? If so, what are they? What support do you receive from them?

Do you have case studies or client testimonials detailing the services performed? May I speak to or visit a current client to ask about their experiences?

What is your on-time completion rate for projects such as this one?

What is your repeat business rate for operators in my sector, and how does that compare with your overall rates?

Budget

Have you ever had challenges with costs going beyond what was budgeted in your contract?

What cost-saving measures do you employ at your firm?

Who is in charge of maintaining the budget on projects?

What contingencies are built into your budget, and how frequently are those contingencies used?

Timeliness

How accurate are your time estimates for projects? Do you anticipate any changes as a result of the coronavirus?

What checks and balances are in place to assure that the work is done on time without sacrificing quality?

What is your process for working on multiple projects concurrently?

What is your average turnaround time for projects of this size?

Customer Support

How do you evaluate customer satisfaction, and how frequently? Is this information made available to clients?

How frequently will you provide progress reports?

Do you have response time benchmarks for following up with a client? How long does it normally take for account managers to respond to service requests?

What is your client renewal or repeat business rate? Why do companies renew their contracts with your business?

Geographic Coverage

Does your firm provide services on a national level or on a local level? Has this changed as a result of the COVID-19 pandemic?

What markets do you primarily serve?

What makes your location more strategic than the location of your competitors?

Do you partner with any other firms that offer services in other regions?

Quality Control

How do you collect feedback from clients?

How do you ensure the quality of your service? What systems do you have in place to minimize the number of errors?

Is there a formal system or process for changing a work spec? Tell me about the system and/or process.

How well is your equipment maintained? How often do you repair or replace aging equipment?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should disclose their budget for purchasing pipe coating services.

Buyers should indicate their preferred terms for invoicing and payment methods.

Buyers should reference the Benchmark Price section of this report to verify that they are paying a competitive price for market services.

Selection Criteria

Buyers should evaluate providers based on their experience providing pipe coating services.

Buyers should consider the customer service offerings of market providers.

Buyers should evaluate vendors' records for providing services in a timely fashion.

Buyers should consider providers' locations during the purchasing process.

Buyers should reference the Buying-Decision Scorecard section of this report for additional information about selection criteria.

Project Schedule

Buyers should indicate the final date by which vendors must submit proposals for consideration.

Buyers should include the date when they expect services to begin.

Buyers should indicate when vendors will be informed about contract awards.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Oil and gas pipe coating service providers have faced a moderate level of supply chain risk in the past three years. This level of risk reduces buyer power because it indicates that vendors are more likely to experience disruptions to their supply chains, which can increase their operating costs or... Subscribe to learn more.

HIGH

MEDIUM

LOW