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General Contractor Services in the US Procurement Price, Data and Insights
General contractors oversee the entirety of a commercial, industrial, or residential construction project. During a job, general contractors are responsible for providing all materials, labor, and equipment as well as managing the job's completion. Service providers are often responsible for assessing a project site and determining the cost of performing the desired work. If necessary, general contractors are also responsible for subcontracting and managing specialized work, including carpentry, plumbing, electrical, and mechanical projects.
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What’s included in this market coverage
IBISWorld's research coverage on the General Contractor Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the General Contractor Services market in the United States includes Industrial Construction Contractor Services, Residential Construction Contractor Services and Commercial Construction Contractor Services. Standard coding in this coverage includes ISIC-41-Construction of buildings, NACE-41.20-Construction Of Residential And Non-Residential Buildings, NAICS-236220-Commercial and institutional building construction and UNSPSC-72111111-General residential construction contractor service.
What common market terminology is included?
Common market terminology included in the General Contractor Services procurement coverage includes Backlog Value (The total value of all pending construction projects.), Construction Manager (Construction managers are involved in all the stages of a construction project, while general contractors tend to come on board after the design is complete. Construction managers assist with the overall planning and coordination of the project from beginning to finish.), Design-Bid-Build (DBB) Contract (With DBB contracts, the buyer hires an architect or design firm to produce designs for a building or project. After the building has been designed, the buyer will then seek bids from general contractors to oversee the construction phase of the project. With this contract model, the services and costs associated with a construction project are split between the designer and contractor, reducing the contractor's fee. Additionally, the separate bidding processes for design and building may allow the buyer to better leverage competition to lower to overall price of the project.), Design-Build (DB) Contract (In a DB contract, a single firm designs and provides general contractor services for a construction project. This contract model is most common for large, complex, or specialized projects, as it can increase efficiency due to the greater degree of integration and communication between the design and contracting teams. However, because design is included with the general contracting services, the total fee is also greater.) and General Contractor (Also known as the prime contractor responsible for the day-to-day management of a construction project. The general contractor is also responsible for managing all subcontractors.).
What companies are included as top suppliers?
The top companies covered in the General Contractor Services procurement report as suppliers are Mcdermott International Inc., Balfour Beatty Plc, Aecom, Turner Construction Company and Kiewit Corporation.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the General Contractor Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) of the total project cost, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the General Contractor Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting General Contractor Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on General Contractor Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the General Contractor Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for General Contractor Services?
The 2026 benchmark market price for General Contractor Services is 18.87 of the total project cost. Prices have declined at a CAGR of -1.72 from 2023-26.
Who are the top vendors in the General Contractor Services market?
The top vendors in the General Contractor Services market include Mcdermott International Inc., Balfour Beatty Plc, Aecom, Turner Construction Company and Kiewit Corporation.
What industries supply the General Contractor Services market?
The top industries supplying the General Contractor Services market are Construction & Mining Equipment Wholesaling in the US, Construction Machinery Manufacturing in the US, Iron & Steel Manufacturing in the US, Iron Ore Mining in the US, Lumber Wholesaling in the US, Sawmills & Wood Production in the US, Ready-Mix Concrete Manufacturing in the US and Cement Manufacturing in the US.
What is the supply chain risk for General Contractor Services?
Fragmented vendor landscape enhances negotiation leverage and sourcing flexibility for buyers. With low market share concentration, the general contractor services market is highly fragmented, offering buyers a wide array of vendor options. This competitive environment empowers buyers to drive down costs, negotiate more favorable contract terms, and reduce dependency on any single supplier. To capitalize, buyers should routinely benchmark vendors, issue competitive RFPs, and consider multi-vendor sourcing strategies to maintain leverage and safeguard against sudden supply disruptions.
What factors affect the price of General Contractor Services?
Project type significantly affects pricing due to variations in complexity, required skill sets, and regulatory compliance. For instance, commercial construction projects typically involve higher costs due to specialized labor and materials compared to residential projects, while industrial projects may incur additional expenses related to safety standards and equipment needs. Pricing factors are often measured by comparing historical data, labor rates, material costs, and project duration specific to each type of construction.
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