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Electrical Contracting Services


ProcurementIQ’s Electrical Contracting Services Procurement Research Report offers purchasing insight into the Electrical Contracting Services market. Our analysis dissects pricing trends and the supply chain, including highlighting key suppliers and their financial benchmarks. The report also provides key pieces of take-away intelligence, such as negotiation question preparation and a buying decision scorecard, which includes factors weighted according to their importance in the decision-making process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Electrical Contracting Services - Recent Price Trend

The price of electrical contracting services has been increasing at an estimated annualized rate of 2.8% during the three years to 2018. In particular, a boom in residential construction has strengthened demand for electrical work and caused prices to rise. Additionally, the price of copper has been highly volatile, which has forced suppliers to keep prices elevated to protect their profit.

Electrical Contracting Services - Total Cost of Ownership

When purchasing electrical contracting services, buyers should expect a moderate total cost of ownership. Because many electrical contractors offer pricing options that encompass all the costs associated with providing the service, there are few hidden costs associated with buying electrical construction services. In addition to the labor rate for electrical work, buyers must pay for permits,.

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About this Report

This report is intended to assist buyers of electrical contracting services. Contractors provide on-site installation, alteration, design, maintenance and repair of electrical systems and equipment for commercial, institutional and residential buildings. This report excludes high-voltage electrical work, such as the construction of transmission lines, cogeneration plants, substation facilities, utility-scale solar projects and other utility infrastructure. Key buyers include commercial building construction firms, home builders and government agencies. Key suppliers include large-scale firms and local contractors.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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