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BidClerk Reports Big Construction Boosts

CHICAGO—The provider of construction project data just published its BidClerk Construction Index, and found that the average value for construction contract values in 2013 shot up more than 30% over the previous year.

By Brian J. Rogal | Updated on January 20, 2014

CHICAGO—BidClerk, the Chicago-based provider of construction project data, just released its BidClerk Construction Index, an analysis of actively bidding contracts containing concrete in 2013. The firm found that the 25 major metropolitan areas studied had $125.3 billion of construction contract opportunities for the year, a 30.45% increase over the previous year. Overall, 20 of the 25 areas studied saw an increase. BidClerk generated the data by surveying its actively bidding commercial construction database.

“Despite some regions showing decreases, the overall national trend for construction contract values in 2013 reflects a strengthening construction industry,” said Scott Waterbury, BidClerk’s chief operating officer.

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