Texas Regions' Total Contract Value is $8.7 Billion
Texas major metro markets saw more than 1,800 new construction projects
released for bid in the 2nd quarter of 2014, with a total
contract value of $8.7 billion, BidClerk data showed. This compares to
$12.2 billion in total contract value reported in the 1st
quarter of 2014.
Nationally, BidClerk reported on $126 billion in commercial construction
contracts out-to-bid in the 2nd quarter of 2014, across more
than 50,000 projects. BidClerk saw an increase in the total contract
values of more than $14 billion compared to the 2nd quarter
of 2013. These figures include both public and private work, and it
represents the aggregate value of actively bidding commercial
construction contract opportunities available in BidClerk's database.
For the Houston MSA region, 2nd quarter BidClerk data shows
there were more than 600 new construction projects released for bid,
with a combined contract value of $2.9 billion.
One notable project that actively bid in the 2nd quarter of
2014 in the Houston MSA region is Challenger Columbia Stadium. (BidClerk
project number 2755435.)
It is being built at an estimated cost of $33.7 million. The owner is
the Clear Creek Independent School District, the architect is PBK
Architects (Houston, TX), and the general contractor is ICI Construction
For the Dallas MSA region, BidClerk's 2nd quarter BidClerk
data shows there were more than 600 new construction projects released
for bid, with a combined contract value of $3.3 billion.
One notable project that actively bid in the 2nd quarter in
the Dallas MSA is the Embassy Suites. (BidClerk project number 1828597.)
It is being built at an estimated cost of $85 million. The developer is
O'Reilly Hospitality Management (Springfield, MO) and the architect is
Butler Rosenbury & Partners (Springfield, MO).
The areas surveyed for this BidClerk Construction Index™ (BCI) report
are major-metro regions in Texas, including Dallas, TX; Houston, TX; San
Antonio, TX; Austin, TX; and El Paso, TX.
Today's new construction data was released by BidClerk, a leading
provider of construction project data and marketing tools for building
product manufacturers, contractors, and distributors. The BCI data
represents projects that actively bid in the 2nd quarter of
2014 and is not a full representation of BidClerk's full project
database that tracks construction project data from the pre-construction
phases through construction put-in-place. The BidClerk Construction
Index is a quarterly data service offered at no cost to media outlets
that cover regional construction news. Members of the media may request
custom BidClerk Construction Index reports for specific counties,
regions, and states by contacting BidClerk: BCI@bidclerk.com.
BidClerk offers an extensive range of construction project data and
marketing tools for building product manufacturers, contractors, and
distributors. Advanced analytics, superior data coverage, and cost
effectiveness set BidClerk services apart from competitors McGraw-Hill
Construction (NYSE: MHFI)
and Reed Construction Data (rel:Ln).
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