Learn about actual and potential costs
How much should I pay for Water Quality Testing Services?
What is the average price of Water Quality Testing Services?
This procurement report includes pricing information to help you purchase Water Quality Testing 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 Water Quality Testing 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 Water Quality Testing 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 Water Quality Testing 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 Water Quality Testing 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 ?
There are an estimated 2,800 suppliers of water quality testing services in the United States. Market share concentration is low, with the top four suppliers accounting for less than 30.0% of total market revenue. Despite the presence of a few large-scale players such as Bureau Veritas and Intertek Group, the... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Will there be a single account manager assigned to my account?
Geographically, where will my technical support representatives and account manager be based?
What is your average response time for clients' questions or concerns?
What is your process for dealing with customer complaints?
Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle increased/reduced demand?
What is the average age of your testing equipment? How much use does your oldest equipment receive?
What range of tests can you provide with your equipment?
How often do you replace your testing equipment with newer technology?
How often do you encounter errors in your results due to faulty equipment?
Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?
“Sending out RFPs used to be a nightmare”
Let’s chat about how procurement market intelligence can reduce
the time you spend issuing RFPs.
Key elements for every RFP
What should my RFP include?
If one exists, buyers should specify their budget for the services and related products and services.
Buyers should outline the desired payment terms (per test, monthly, yearly).
Buyers should inquire about any additional costs, as well as all applicable expenses and taxes in addition to the benchmark price.
Buyers can reference the Benchmark Price, Pricing Model and Total Cost of Ownership sections of this report for assistance in creating a budget.
Buyers will evaluate potential vendors based on their ability to fulfill technical requirements outlined in the RFP.
Buyers will evaluate potential vendors based on the quality of work previously performed, as evidenced by references.
Buyers will evaluate potential vendors based on their record of accomplishing projects in the required time.
Buyers will evaluate potential vendors based on their recent and specialized experience in the type of services required by this project.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should outline the timeline, tentative schedule and process for the RFP and project.
Buyers should outline when proposals must be submitted.
Buyers should communicate to prospective suppliers when bid awards will be posted.
Buyers should list the expected start date once a supplier is chosen.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain for water quality testing services carries a low level of risk, which aids buyer power. Typically, water quality tests are conducted in a laboratory with advanced equipment and machinery. As a result, the supply of lab equipment is crucial to water quality testing service providers. If a... Subscribe to learn more.