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Procurement Market Intelligence Report

Steel Framing Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Steel Framing Services?

What is the average price of Steel Framing Services?

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

The market for steel framing services contains over 11,300 suppliers in 2018 and is considered highly fragmented. The top four vendors account for less than 10.0% of total market revenue. Despite moderate barriers to entry brought on by stringent qualification and certification standards, the number of market suppliers has been... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Service Performance

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

How do you collect feedback from clients?

Have you won any quality awards? If so, which awards have you won?

What credentials and certifications do you hold?

Reputation

Have you had any major complaints with past clients? How have you dealt with these complaints?

Have you had any previous experience with clients specific to the market in which I operate?

Do you have clients that are willing to provide references on your behalf? If so, how can I get in contact with them?

What is your process for obtaining feedback from clients?

Value-Added Services

What value-added services do you provide? How will including value-added services impact pricing?

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

What partnerships do you have? How do your clients benefit from these relationships?

How do you maintain your operational efficiency when offering more than just your core services?

What other services do you provide in-house that you think may be of use to me specifically?

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Key elements for every RFP

What should my Steel Framing Services RFP include?

Project Budget

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 will payment be withheld or under what circumstances payment dates will be altered.

All buyers should specify their total budget for the project.

Selection Criteria

All buyers should look for suppliers servicing their area that are capable of providing the range of services desired.

All buyers should look for suppliers with experience providing relevant services within their state, neighboring cities or for similar businesses.

All buyers should look for suppliers with flexible schedules.

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

Project Schedule

All buyers should include a proposal duration suggesting when vendors are required to submit their proposal.

All buyers should 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 will need to be aware of.

Evaluate major factors to mitigate risk

How risky is the Steel Framing Services supply chain?

The supply chain for steel framing services has been posing a moderate level of risk during the past three years. The key upstream suppliers include metal wholesalers, heavy construction equipment rental firms and construction equipment wholesalers. Steel framing contractors are dependent on metal wholesaling firms for steel frame member inputs... Subscribe to learn more.

HIGH

MEDIUM

LOW