tes - onvia.com · contracting trends/outlook local growth rate by level of government state...

2.5%

GROWTH RATE BY AEC SUBCATEGORY

CONTRACTING TRENDS/OUTLOOK

Local

GROWTH RATE BY LEVEL OF GOVERNMENT

State Education

2.9%

6.9%

Water & Energy

-1.4%

Construction & Supplies

2.8%

Architecture & Engineering

6.3%

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STATE & LOCAL PROCUREMENT SNAPSHOT /// Q1 2016

This analysis covers the major sub-categories of: Architecture, engineering, building construction and supplies, and construction of water and energy systems. All data is pulled from Onvia’s comprehensive database of state, local and education (SLED) government bids, RFPs and awards.

Architecture, Engineering, Construction (AEC)

4.0% Q4 ‘15

-1.0% Q3 ‘15

-0.6% Q2 ‘15

-1.6% Q1 ‘15

RATE OF CHANGEBids & RFPs (Q1 ‘15 to Q1 ’16)

3.1%

TREND OF GROWTH RATES

+4.0% Q4 ‘15

-1.0% Q3 ‘15

-0.6% Q2 ‘15

-1.6% Q1 ‘15

$2.3M$235K

TYPICAL CONTRACT SIZE

AVERAGE CONTRACT SIZE

UPTICKQ1 2016 continues a positive growth trend confirming market expansion

DESIGNEngineering and design: Growing 2x the rate of construction overall

EDUCATIONDemand in K-12 schools for renovation and expansion is on the rise

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