The bidding landscape for the Mid-Atlantic region was active from April through June 2015. This region covers the states of Delaware, Maryland, North Carolina, Pennsylvania, Virginia, West Virginia and the District of Columbia and focuses on commercial construction projects that had bid dates and sub bid dates during the months of April through June. Construction Data reported on 6,375 construction projects that had a bid date between April 1st and June 30th. Of those 6,375 projects, 5,214 were public sector bids and 1,161 were private sector bids.
Of the 5,214 public projects, 1,352 were classified as General Building, 1,074 were Specialty Trades, 2,561 were Heavy/Highway and 650 were Sewer & Water projects. There is some overlap in the numbers since projects can fall into more than one classification. General Building projects are all general construction projects regardless of size. Specialty Trades are projects with three or less trades involved where subcontractors can bid as a “prime contractor”. Heavy & Highway projects include projects involving road paving, tennis courts, athletic fields, drainage, dredging, demolition, traffic signals, site improvements and bridges. Sewer & Water are projects involving pump stations, water treatment facilities, force mains, septic work, inspection services, drainage, etc.
Engineering projects made up 53 percent of all public sector projects that bid during April through June. Engineering projects cover a large number of industry sub types including roadwork, bridges, sewers and underground waterlines, storm water systems, and site work. The next three largest contributors to the number projects bid during this time were Educational at 17 percent, Governmental at 12 percent and General/Civil Joint Projects at 9 percent. All three combined totaled less than the number of Engineering projects that bid in the Mid-Atlantic region.
Taking a look at the public sector in terms of construction type, 4,679 projects were for alterations, 346 projects were for renovations of existing structures and 263 projects were for new construction or additions.
Retail projects made up 55 percent of all private sector bids with stand-alone retail stores and retail fit outs accounting for 58 percent of all retail projects. Private Educational and Office projects both accounted for 9 percent each of total private bids followed by Medical projects at 8 percent. It is important to note that the private sector numbers don’t take into account negotiated or direct contract awards.
All of the information in this report was provided using Construction Data’s Commercial Construction Market Intelligence (CCMI).