Today we’re taking a look at the bidding landscape for the state of Texas during February, March and April 2015. Construction Data reported on 3,202 total projects that bid between February 1st and April 30th. There were 2,666 public projects and 536 private sector projects that had bid dates during this three-month period. Total projects and public projects were well above the five-year average for February through March. Private sector bids were on par with the five-year average during this time period. (This only included private sector construction projects with bid dates, negotiated contracts during this time are not included.)
Of the 2,666 public projects, 679 were classified as General Building, 484 were Specialty Trades, 1,146 were Heavy/Highway and 619 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 dominated the public sector bids at 55 percent. Engineering projects cover a broad spectrum of sub industries including roadwork, bridges, site work, sewer and waterlines and dredging projects. Educational projects were next at 18 percent, followed by General/Civil Joint Projects at 11 percent and Governmental at 8 percent.
Looking at the public sector in terms of construction type, 2,314 projects were alterations, 232 projects were for renovations of existing structures and 169 projects were for new construction or additions.
Retail industry projects made up for 62 percent of all private projects bid during February through April. Office projects came next at 10 percent, with Medical projects at 7 percent. The construction type for private projects was pretty evenly split with new construction and additions totaled 278 projects and renovations and alterations projects totaled 267.