Was the crystal ball working? As we all turned the page of the calendar to 2017, we predicted that the new Administration in the White House would result in an increase in government purchasing activity. Throughout his campaign, on multiple occasions, in front of a number of groups, Donald Trump had discussed the need for improving the U.S. infrastructure. Halfway through the year, and by many accounts the plans are moving forward.
Greg DiLoreto, from the American Society of Civil Engineers (ASCE), visited ‘The Big Bid Theory’ and discussed the urgent need for taking action. As you hear, the ASCE issued the U.S. an overall grade of D+ on infrastructure. As infrastructure projects come in, the need for construction equipment grows. In multiple cases, public sector entities require their own new equipment and repair and maintenance of existing assets.
What is the overall health of the construction equipment industry? As reported by Statista, “By 2017, the global construction equipment market is estimated to be sized at around 192 billion U.S. dollars.” Elsewhere in their analysis, they project that U.S. gross machinery manufacturing gross output will be at $42.61bn USD.
Specific to U.S. government agencies, we researched the purchasing activity for the below types of equipment:
- Dump Trucks
- Backhoe Loaders
- Skid-steer Loaders
- Motor Graders
Some of the purchasing data, by type of equipment, for past 12 months:
Sample active bids / RFPs
Construction equipment is needed the world over. Most assuredly, that includes the U.S. public sector with their notable, consistent demand. Are you and your construction equipment business positioned to identify any, and all, of these opportunities? Since we monitor over 110,000 government websites, and through our other connections, we know about them.
To review the requests for construction equipment, and specifications, call us at 888.808.5356, or visit our website at BidPrime.