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Procurement Market Intelligence Report

Oil Spill Cleanup 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 Spill Cleanup Services?

What is the average price of Oil Spill Cleanup Services?

This procurement report includes pricing information to help you purchase Oil Spill Cleanup 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 Spill Cleanup 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 Spill Cleanup 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 Spill Cleanup 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 Spill Cleanup 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 oil spill cleanup services is low, with the top four players accounting for less than 25.0% of the US market. There are more than 4,300 companies offering oil spill cleanup services in the United States. The large number of service providers boosts buyer power by making... 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 & Qualifications

How many collective years of experience does your staff have in this field? How does that measure up to the industry average?

Which notable companies and events has your firm provided services for in the past?

Do you have case studies or client testimonials detailing the services performed?

How have you handled unexpected delays, obstacles or complications? What are some examples of problem-solving decisions on site?

Competition

Has your firm completed any acquisitions during the past three years? If so, how did this expansion affect your business model?

How do you attract new clients and retain existing clients?

How do you market your services to potential clients? Do you rely heavily on repeat services?

What incentives do you give to long-term clients to stay with your company? Do you offer any incentives to firms that refer businesses to your company?

Service Performance

How do you balance quick turnaround times with maintaining maximum possible efficiency?

What service monitoring reports are available to the public, if any?

How do you ensure your best quality work?

How often do you experience problems with the work you have completed? How are these problems solved?

Budget

Have you had challenges with costs beyond what was budgeted in your contract in the past? How have you learned from those experiences?

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

Who is in charge of maintaining the budget on projects? Is it someone on the key team or an outside eye?

What contingencies are built into your budget?

What impact has the COVID-19 (coronavirus) pandemic had on your financial strength? Are you able to take on a long-term service contract?

Key Relationships

What relationships do you have with key partnerships? How do these relationships benefit your company?

What relationships do you have with key clients? How do these relationships benefit your company?

What does your company do to establish and maintain links with sector operators?

How do you adjust your operations in times of high demand? What about low demand?

Have any of your suppliers experienced disruption to their supply chain caused by coronavirus-related business closures? If so, how does this affect service prices?

Regulation

How do you stay informed about ongoing regulatory changes?

How have you adjusted to any regulations in the market? Have additional compliance costs been passed down to buyers?

Do you have any pending litigation, notices of violations, complaints or suspensions against your company? If so, how have you responded to such filings?

Can you guarantee that you will take care of all the necessary licensing and permits, as well as approvals and certifications from applicable associations and agencies?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should describe their desired pricing model (e.g. daily, hourly, upon completion of terms).

Buyers should define payment schedules.

Buyers should request a detailed cost breakdown for each type of service that will be provided.

Buyers should clearly indicate the terms for travel compensation.

Selection Criteria

Buyers should evaluate suppliers based on the viability of their submitted work plan, personnel qualifications and past work experience.

Buyers should request references from current and former clients.

Buyers should also evaluate suppliers based on price.

For other selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should outline the timeline, tentative schedule and process for the RFP and project.

Buyers should outline the due date for proposal submissions.

Buyers should communicate to prospective suppliers when bid awards will be posted.

Buyers should list the expected start date once a supplier is chosen.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The supply chain risk associated with oil spill cleanup services is medium. Fluctuations in the cost or availability of market providers' critical inputs could threaten their internal cost structures. In turn, service providers could pass increasing operating costs to buyers. The largest amount of risk in terms of potential price... Subscribe to learn more.

HIGH

MEDIUM

LOW