Learn about actual and potential costs
How much should I pay for Oil & Gas Pipeline Construction?
What is the average price of Oil & Gas Pipeline Construction?
This procurement report includes pricing information to help you purchase Oil & Gas Pipeline Construction. 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 Pipeline Construction 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 Pipeline Construction 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 Pipeline Construction?
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 Pipeline Construction 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 & Gas Pipeline Construction?
The oil and gas pipeline construction market contains an estimated 1,898 suppliers in 2018. The top four vendors of this service generate less than 30.0% of total market revenue, indicating low market share concentration. Many small and midscale suppliers operate regionally because they have in-depth knowledge regarding various regions’ geographic... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Can you go over your firm's cost structure?
What purchases or costs do you struggle with? Why?
How many clients do you have?
Tell me about your company's five-year plan. What are your expansion plans, if any?
How often does your financial situation affect the success and timeliness of a project?
Have you had challenges with staying within the budget constraints of a contract in the past? If so, why and how did you handle it?
What cost-saving measures do you employ at your firm?
How do you balance cost-savings with maintaining high-quality work?
Who is in charge of maintaining the budget on projects? Is it someone on the key team, or an outside consultant?
What specific projects have you worked on in the past that are similar to this one?
How many collective years of experience does your staff have in this field? How does that measure up to the market average?
How involved will your more tenured and experienced staff members be on my project, compared with your lower-level staff members?
Who will be present during face-to-face meetings, versus doing or overseeing the fieldwork?
“Sending out RFPs used to be a nightmare”
Let’s chat about how procurement market intelligence can reduce
the time you spend issuing RFPs.
Key elements for every RFP
What should my Oil & Gas Pipeline Construction RFP include?
Buyers should specify the total budget, and how to proceed if the budget is exhausted before the services are completed.
Buyers should specify the desired payment terms.
Buyers should reference the Buying-Decision Scorecard section of this report for key criteria to consider when evaluating providers.
Buyers should consider the proximity of suppliers to ensure familiarity with local regulations and to cut lead times.
Buyers should specify the date when proposals are due and when the award will be announced.
Buyers should specify the desired start date of the service.
Evaluate major factors to mitigate risk
How risky is the Oil & Gas Pipeline Construction supply chain?
The supply chain associated with oil and natural gas pipeline construction presents a moderate risk of service disruptions. Suppliers of pipeline construction rely on upstream suppliers that provide metal pipes, valves, equipment rental and other necessary goods. Due to the highly volatile price of steel, a key input cost for... Subscribe to learn more.