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Procurement Market Intelligence Report

Pipeline Inspection Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Pipeline Inspection Services?

What is the average price of Pipeline Inspection Services?

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

The market for pipeline inspection services is highly concentrated, with the top four vendors accounting for more than 50.0% of revenue. According to ProcurementIQ estimates, there are currently 474 suppliers of pipeline inspections. The largest suppliers of pipeline inspections are multinational companies, such as Baker Hughes, a GE Company, and... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Timeliness

What is your average turnaround time for the procured inspection services?

What priority will this project be in relation to other projects on which your firm is working?

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

Can you create a timeline of steps involved in designing and implementing the inspection services?

Regulation

How do you manage regulatory change?

How has the changing regulatory landscape affected the quality of your services?

How has increased regulation changed your pricing, and how do you anticipate it will change in the future?

What kind of training do your employees receive? What are their qualifications?

How do you keep informed about ongoing regulatory changes?

Service Performance

Is your inspection equipment certified to national standards?

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

What kind of warranties can you provide for the integrity of the work?

What service monitoring reports are available? Are performance and reliability statistics available to the public?

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Key elements for every RFP

What should my Pipeline Inspection Services RFP include?

Project Budget

Buyers should specify the total budget.

Buyers should specify the desired payment terms (i.e. monthly, lump sum, yearly).

Selection Criteria

Buyers should reference the Buying-Decision Scorecard section of this report for key criteria to consider when evaluating providers.

Buyers should ensure the proximity of suppliers to cut lead times.

Project Schedule

Buyers should specify the date when proposals are due and when the award will be announced.

Buyers should specify the required duration of the contract.

Buyers should specify the desired start date of the service.

Buyers should specify their future needs for inspections.

Evaluate major factors to mitigate risk

How risky is the Pipeline Inspection Services supply chain?

Supply chain risk for pipeline inspection services is moderate. Software vendors and computer retailers are the least risky upstream suppliers, while imaging equipment manufacturers pose a medium level of risk. Key inputs include software products, inspection equipment, computers and other related tools and equipment, such as inspection pigs. Buyers should... Subscribe to learn more.

HIGH

MEDIUM

LOW