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Procurement Market Intelligence Report

Painting Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Painting Services?

What is the average price of Painting Services?

This procurement report includes pricing information to help you purchase Painting 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 Painting 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 Painting 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 Painting 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 Painting 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 Painting Services?

The market for painting services boasts more than 310,000 contractors in 2019 and is considered highly fragmented. The top four vendors account for less than 30.0% of total market revenue. In the three years to 2019, the number of market suppliers has been growing in response to a booming construction... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Timeliness

What is your on-time delivery rate?

How often do you experience problems with the timeliness of services?

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

How accurate are your time estimates for projects? What is your record for meeting deadlines?

Value-Added Services

Do you provide any value-added services? If so, what other services do you offer?

How will including value-added services impact pricing?

Do you offer discounts for bundled services? If so, what are the terms?

To what degree are you responsible for the required local, state and federal permits as well as approvals from homeowner's associations and other agencies?

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Key elements for every RFP

What should my Painting Services RFP include?

Project Budget

Municipal buyers should disclose from which part of their budget (or fund) service payments will be made.

All buyers should suggest the best method of billing.

All buyers should determine whether payments will be made after an audit.

All buyers should note under what circumstances payment will be withheld or payment dates will be altered.

Selection Criteria

All buyers should look at suppliers’ experience with regard to servicing businesses that are similar in size.

All buyers should look for suppliers with flexible schedules.

All buyers should look for suppliers with clearly defined pricing instructions.

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

Project Schedule

All buyers need to include the date proposals are due and when the award will be announced.

All buyers should include any benchmark dates relevant to the project that suppliers should take into account.

All buyers should include the duration of the service contract.

Evaluate major factors to mitigate risk

How risky is the Painting Services supply chain?

The supply chain for painting services displays a moderate level of risk on average. The market’s primary upstream suppliers are paint wholesalers and tool and hardware wholesalers. Paint and coating products are key input materials for painting service contractors. Paint wholesalers carry moderate risk due to highly volatile petroleum prices.... Subscribe to learn more.

HIGH

MEDIUM

LOW