Learn about actual and potential costs
How much should I pay for Power Line Inspection Services?
What is the average price of Power Line Inspection Services?
This procurement report includes pricing information to help you purchase Power Line 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 Power Line 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 Power Line 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 Power Line 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 Power Line 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 ?
The market for power line inspection services is highly fragmented, whereby the top four suppliers generate less than 30.0% of market revenue. In 2020, ProcurementIQ estimates that there are 1,140 vendors of power line inspections in the US market. Most suppliers operate on a local basis, with only some larger... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What cost-saving measures do you employ at your firm?
Who is in charge of maintaining the budget on inspection projects? Is it someone on the key team or an outside eye?
Have you ever had challenges with costs beyond what was budgeted in your contract? What changes have you made as a result of those experiences?
How much inspection work is performed by low-level/low-wage employees?
Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?
How often do you experience problems with the timeliness of inspections? What is your on-time delivery rate?
How accurate are your time estimates for projects?
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?
How do you keep your wage costs under control?
Are training records available detailing training and appropriate competency levels for staff carrying out inspections?
What is the average tenure of your employees? Do you have trouble with turnover? If so, how does that affect service delivery?
What has your turnover rate been in the past 24 months? How does your firm mitigate the risks of employee turnover?
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Key elements for every RFP
What should my RFP include?
Buyers should specify preferred payment terms (i.e. monthly, lump sum, per visit) and length of contract.
Buyers should specify their total budget.
Buyers should reference the Buying-Decision Scorecard section of this report for key criteria to consider when evaluating providers.
Buyers should request references from current and former clients.
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 and the potential for renewal(s).
Evaluate major factors to mitigate risk
How risky is the supply chain?
The power line inspection services market has a moderate level of supply chain risk as a result of coronavirus-related disruptions to key upstream input manufacturers. Key first tier inputs present moderate degrees of supply chain risk and include computers, helicopters, drones and various optical inspection devices such as infrared cameras.... Subscribe to learn more.