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Procurement Market Intelligence Report

Structural Engineering Services
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Structural Engineering Services?

What is the average price of Structural Engineering Services?

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

The market share concentration for structural engineering services is low, with the top four suppliers accounting for less than 30.0% of market revenue. There are about 6,000 firms offering structural engineering services in the United States. Consolidation by the largest firms in this market has led to a slightly higher... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Delivery Performance

How often do you find mistakes or errors in your work? What is done to correct these errors, and what is the average correction time?

How do you measure the quality of your work?

What tools or software do you use to ensure the quality and accuracy of your work?

What type of service guarantees do you offer? What actions do you take if a customer is not satisfied with the results of the project?

Budgeting

What percentage of your completed projects have had cost overruns? How did those projects proceed?

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

Who will be in charge of maintaining the budget on projects? How many accounts is this person assigned to at a given time?

How is my company affected by cost overruns that were a result of mistakes made by your engineers?

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Key elements for every RFP

What should my Structural Engineering Services RFP include?

Project Budget

Buyers should state their budget for the project and their expectation of fees from the supplier.

Buyers should provide an explanation regarding their policy on contingency fees and under what conditions the buyer would cover extra fees.

Buyers should provide details regarding where the funds for the project are coming from, if an outside source or other department is funding the project.

Selection Criteria

Buyers should look at the supplier's past performance, assessing the level of quality and ability to stay on budget.

Buyers should consider the proposed fees for the project.

Buyers should consider the level of experience the supplier has in the field of work, as well as the individual engineers that will be assigned to the buyer's project.

Project Schedule

Buyers should provide key dates that pertain to the RFP process, including the final date to submit questions and the final date to submit bids.

Buyers should provide a date that suppliers will be chosen and when they will be notified.

Buyers should provide a timeline of the project, including milestone dates from the date of vendor selection to the date of project completion.

Evaluate major factors to mitigate risk

How risky is the Structural Engineering Services supply chain?

The upstream supply chain for structural engineering services poses a low level of risk. Professional services firms provide many of the inputs necessary for suppliers. For example, structural engineering firms use legal services to review project contracts. While prices for professional services have been increasing, oversaturation in the legal field,... Subscribe to learn more.

HIGH

MEDIUM

LOW