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Procurement Market Intelligence Report

Temporary Security Staffing
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Temporary Security Staffing?

What is the average price of Temporary Security Staffing?

This procurement report includes pricing information to help you purchase Temporary Security Staffing. 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 Temporary Security Staffing 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 Temporary Security Staffing 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 Temporary Security Staffing?

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 Temporary Security Staffing 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 ?

Market share concentration is low for temporary security staffing. Low barriers to entry, which are reflected in the small size of many market firms, contribute to market fragmentation. An estimated one-third of suppliers employ fewer than five people, and nearly two-thirds of suppliers employ fewer than 20 people. Also, this... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Retention of Accounts

What is your client retention rate?

Why do clients choose not to renew with your company?

How do you win clients from other temporary security service providers?

What types of discounts, such as early payment or referral, do you offer?

Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle changes in demand?

Employee Turnover

How long do employees stay with your firm on average?

How do you expect staff turnover to affect service at my events?

What personal development or continuing education programs does your company offer employees?

What promotional opportunities are available for guards?

Are any of your guards unionized?

Do you offer your employees medical insurance?

Industry Expertise

How well do you know my company's line of business and the types of events we need security for?

What other clients have you served in my line of business? Were you able to retain them over multiple contracts?

Who are your competitors and how does your experience with events like mine compare with theirs?

How will ordering multiple services from your firm improve my costs and quality of service?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should disclose the overall budget for the project, if relevant.

Buyers should state their preferred pricing model and terms of payment.

Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.

Selection Criteria

Buyers should evaluate vendors on the experience of the firm and the staff assigned to the project.

Buyers should evaluate vendors' capacity and ability to meet the scope of work.

Buyers should evaluate vendors based on their projected costs.

Buyers should evaluate references from vendors' previous clients.

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

Project Schedule

Buyers should outline when proposals must be submitted.

Buyers should communicate to prospective suppliers when bid awards will be posted.

Buyers should state when the staffing services should begin.

Buyers should outline the length and terms of the contract and cancellation policy.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Supply chain risk is generally low for temporary security companies. Many upstream service providers, such as background check companies and state licensing agencies, have stable prices due to minimal fluctuations in input costs. Additionally, uniform wholesalers and textiles manufacturers have stable prices due to high price-based competition in the textiles... Subscribe to learn more.