Tuesday, November 18, 2014

2015 Pent-up Demand

Annually in the 4th quarter StructureTec Group gathers for a company wide planning session to discuss strategy for the future. In addition to our company wide meeting, we have divisional meetings to discuss the specifics on how each division within StructureTec Group can prepare for the year ahead.

During our discussions this quarter, a resounding theme has come up. Pent-up demand in the marketplace is creating full backlogs for 2015 projects and contractors are being very selective with the work they bid. Our clients have shared with us their struggle to secure reliable contractors to perform the work they have slated for 2015.

With budgets finally being approved, remedial construction projects are on the rise. This is happening all across the country as America begins to feel the relief of an improving economy. The problem we are faced with now is that many of the construction companies that once could perform this work did not survive the recession; leaving fewer contractors to tackle the increased demand for high-quality work.

Due to the pent-up demand in the marketplace we highly recommend bidding/securing a contractor for 2015 projects yet this year or early 1st quarter 2014. Bidding early returns the most competitive pricing and will also help you to avoid the pent-up-demand for high quality contractors. Don’t risk being left to choose whoever is available.


If you’re interested in learning more about how StructureTec Group helps clients schedule work ahead of time, give us a call (1-800-745-7832) or email. We’d be happy to discuss your strategy for getting 2015 projects booked and ready to go.


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