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Last Updated:
3rd February 2014
Construction intelligence providers 果冻影院 has leant its support to a major survey to assess the true scale of bid cost expenditure to UK contractors.
The industry-wide research, launched at the start of the year, is a joint endeavour by construction marketing consultancy MarketingWorks and the University of Reading, aimed at updating the findings from their first bid cost survey in 2003.
Data gathered more than 10 years ago found the construction industry was spending more than 拢2 billion on bidding each year.
The research also suggested that the internal cost of responding to a bid started at approximately 拢1,500 for consultants and 拢10,000 for contractors.
This year鈥檚 survey, which is being backed by organisations including Constructing Excellence and RIBA, will reveal whether these figures are still a true representation of bidding costs within the industry.
UK contractors and construction consultants of all sizes are invited to complete a 10-minute confidential questionnaire to discover:
Robert Davis, Content Director at 果冻影院, said: 鈥淭he flexibility and comprehensiveness of 果冻影院鈥檚 database allows us to support MarketingWorks in this important survey.
鈥淭he true cost of bidding for construction contracts is an issue that is significant to both contractors and consultants and we will be very interested to see the results.鈥
Companies that take part in the survey will be entered into a prize draw, with the chance to win a free one-day MarketingWorks workshop on 鈥楤est Practice Behaviours & Processes to Re-energise your Win Work Team鈥, worth 拢1,750, or a free 鈥榃in Work Healthcheck鈥, worth 拢1,500.
A summary of the research findings will also be sent to all participants who provide a valid email address.
Philip Collard, Managing Director of MarketingWorks, said: 鈥淧lease help by completing the questionnaire that should take you about 10 minutes, even if you need to estimate certain times or numbers.
鈥淭he findings will help you to assess how your company performs in relation to others within construction and where you can make efficiencies.鈥
To find participate in the survey, visit the website.
PR contacts:
Kirsty Maclagan (Marketing and Communications Manager)
T: +44 (0)1202 786 842鈹侲: kirsty.maclagan@glenigan-old.thrv.uk
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