BidClerk Construction Index Reveals Nearly $4 Billion in Contract Value
CHICAGO — (BUSINESS WIRE) — July 28, 2015 — Throughout the state of Ohio, nearly 2,000 projects with a combined contract value of about $4 billion went out for bid in the second quarter of 2015. Compared to the same time period in 2014, Ohio saw an 18 percent increase in the number of actively bidding projects.
According to the BidClerk Construction Index (BCI), a quarterly report from BidClerk, a leading provider of construction project data, in Ohio there were more than 250 private projects and over 1,500 public projects released for bid in the second quarter of 2015. Areas in the report included Akron, Cincinnati, Cleveland, Columbus, Dayton, Toledo, and Youngstown, Ohio.
Ohio high profile projects out for bid in the second quarter were:
- Sylvania Health Campus
- A $20 million, single-story assisted living facility in Toledo, Ohio
- Rudolph/Libbie, general contractor, and Andrews Architects, Inc., architect
- Wright State University
- A $13.3 million modernization and expansion of the university’s Creative Arts Center in the Dayton area
- Elford Inc., general contractor, and Champlin Architecture, architect
Nationally, BidClerk reported on more than 75,000 new projects valued at over $188 billion in the second quarter of 2015. According to BCI data from the second quarter of 2014, there were nearly 60,000 projects with an estimated value of $148 billion.
BidClerk, a leading provider of construction project data and marketing tools for building product manufacturers, contractors, and distributors, releases a quarterly BidClerk Construction Index (BCI) for select markets. The BCI data represents projects that actively bid in 2015 and is not a full representation of BidClerk's full project database. Members of the media may request custom BCI reports by contacting Email Contact.
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