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Government Relations Services

Overview

If your company is looking to save time and money during the initial stages of the buying process, ProcurementIQ’s Government Relations Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Government Relations Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Government Relations Services - Recent Price Trend

During the three years to 2018, the hourly rate for government relations services has been increasing at an estimated average annual rate of 1.9%, harming buyer power. Government policy and legislation is an ongoing process that affects buyers in nearly every sector. At the beginning of the recent three-year period, many firms’ revenue declined due to challenges brought upon by the slump in oil.

Government Relations Services - Total Cost of Ownership

When purchasing government relations services, buyers typically face a low total cost of ownership. Overall, buyers benefit from the fact that there is a low likelihood of encountering hidden costs during the purchasing process. Contracts that offer buyers concrete expectations and deliverables will help reduce unexpected costs or fees across the project’s timeline; however, because government.

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About this Report

This report is intended to assist buyers of government relations services. Suppliers assist buyers by influencing the actions and policies of government officials to help achieve mutually beneficial outcomes. Government relations services are meant to bridge any disconnect that may arise between businesses and political leaders on the effects legislation could have on a given sector. Service providers may form political action committees, build direct relationships with government officials and staff and act as a liaison between the government and their client. Government officials may include senators, congressional staff, regulators and other political representatives. This report does not include services for investor relations, internal relations, crisis management or public relations.

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
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 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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