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