The change in construction materials cost in 2009 has been significant, but the real bottom line change is resulting from increased competition between contractors. Our clients who are owners openly discuss the challenges they have related to the increasing complexity and competition during the bid process. A few years ago a K-12 school construction project had 3-5 bidders, today there are 30 firms competing for the same project. The challenge for owners is to determine which contractors are qualified. The ability for a contractor to demonstrate experience and performance from past projects is crucial to satisfying owners concerns and winning bids.
Perhaps one of the most compelling ways for a contractor to create peace of mind for the owner, and to differentiate themselves from the competition, is to offer them transparency and communication which is guaranteed to be timely, accurate and compelling. Contractors who offer construction camera systems are offering the owner additional service. By demonstrating this level of transparency, efficiency and accountability those contractors have one more way to connect with owners needs which helps to build relationships and win work.