Learn about actual and potential costs
How much should I pay for Utility Locating Services?
What is the average price of Utility Locating Services?
This procurement report includes pricing information to help you purchase Utility Locating 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 Utility Locating 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 Utility Locating 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 Utility Locating 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 Utility Locating 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 Utility Locating Services?
The utility locating service market has a very low level of market share concentration, with the four largest players accounting for less than 5.0% of total market revenue. There are more than 4,100 utility locating service companies in the United States, the majority of which operate on a local or... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What is the average retention rate among your clients?
Who are your top five clients and how long have they been your clients?
Have you had any previous experience with clients specific to the industry 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 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?
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Key elements for every RFP
What should my Utility Locating Services RFP include?
Municipal buyers should disclose from which part of their budget (or fund) service payments will be made.
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 payment will be withheld or payment dates will be altered.
Buyers should look for suppliers capable of providing the range of services within their area of coverage.
Buyers should look for suppliers with a comprehensive list and description of all equipment and machinery.
Buyers should look at suppliers’ experience with regard to servicing areas, cities or businesses that are similar in size.
Buyers should look for suppliers with flexible schedules.
Buyers should look for suppliers with clearly defined pricing instructions.
Buyers need to include a proposal duration suggesting when vendors are required to submit their proposals.
Buyers need to include the date proposals are due and when the award will be announced.
Buyers should include any benchmark dates relevant to the project that suppliers should take into account.
Buyers should include the duration of the service contract.
Evaluate major factors to mitigate risk
How risky is the Utility Locating Services supply chain?
The risk of discontinuity and price shocks from upstream suppliers is moderate in this market. In particular, utility locating companies rely on inputs from producers of navigational instruments, computer and package software and fuel dealers. The demand for each of these suppliers is strongly tied to the business cycle. While... Subscribe to learn more.