Market Insight – Key Success Factors for Contractors and Sub-Contractors in the Global Construction Market
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
GlobalData surveyed 184 project owners, contractors and sub-contractors in the frouth quarter of 2015 to better understand better the key factors in the choice of contractors and sub-contractors, and also how well they have performed.
The results of this survey, as presented in this report, show that global project owners have 'work on time', 'quality of work' and 'delay resolution' as the top three factors in choosing a main contractor. These three top choices did not differ significantly depending on the region of the respondent, with Europe, Asia-Pacific and the Rest of the World having all the three as the top choices.
Only in North America was safety chosen as the top preference, above these three choices.
Scope
• Detailed market analysis based on a survey of project owners, main contractors and sub-contractors to assess the key factors in choosing main contractors and sub-contractors, and their performance criteria.
• Main drivers and the differentiating factors for choice by project owners of main contractors by region
• Main drivers and the differentiating factors for choice by main contractors of sub-contractors by region
• The key factors perceived by sub-contractors in terms of the main contractors selecting sub-contractors for projects.
Key Highlights
What are the key factors in winning a contract?
How did the top factors differentiating the winning bidder compare by region?
What are the key factors that sub-contractors perceive to be important for contractors when selecting a sub-contractor? And how different are they in reality in terms of the main contractors’ preferences?
Reasons to Buy
• Gain an insight into the main drivers for choice of main contractor by project owners, and what ultimately differentiated winning bidders from those shortlisted.
• Assess how well contractors have performed in terms of satisfaction
• Understand the key factors perceived by sub-contractors to be important in terms of the main contractors selecting sub-contractors for projects, and how this compares with view of contractors.
• Improve your project success rate by understanding the multi-criteria decision making evaluation methods
• Evaluate market opportunities and success factors to form your growth strategy
Table of Contents
Table
Figures
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.