CHICAGO--(EON: Enhanced Online News)--For major-metro regions in Texas, including Dallas, TX; Houston, TX; San Antonio, TX; Austin, TX; and El Paso, TX, the BidClerk Construction Index™ (BCI) reported that there was a year-over-year increase in both private and public construction projects that were actively bidding. The 3rd quarter 2013 BCI analysis reports that overall construction activity increased 43.5%. This compares to a 2nd quarter 2013 BCI analysis, which reported that overall actively bidding construction projects increased 50.4%. Private construction increased 8.4% in the third quarter of 2013 compared to a decreased of (-4%) reported for the 3rd quarter of 2012. Third quarter 2013 public construction projects increased 67.3% compared to an increase of 40.8% reported for the third quarter of 2012.
The total value of all the Texas Major-Metro projects reported on BidClerk that bid in the 3rd quarter of 2013 was $6.3 billion compared to a total contract value of $5.2 billion reported one year ago.
Among the high profile projects that reported on BidClerk in the 3rd quarter of 2013 was Skyhouse – Dallas, which is being built at an estimated cost of $400 million. The general contractor is Batson-Cook Company (Atlanta, GA) and the architect is Smallwood, Reynolds, Stewart, Stewart & Associates Inc (Atlanta, GA). Another notable project is West Memorial Place Offices - Phase I in Houston. It is being built at an estimated cost of $150 million. The general contractor is Skanska USA Building Inc., and the architect is Houston-based HOK Architects.
In a year-over-year analysis for the Dallas region, combined public and private construction projects that were actively bidding increased 60.8% compared to one year ago. This compares to a BCI report from the third quarter of 2012, which showed that total construction activity decreased (-19%).
In a year-over-year analysis for the Houston region, combined public and private construction projects that were actively bidding increased 28.5%. This compares to a BCI report from the third quarter of 2012, which showed that total construction activity increased 15.8%.
Counties surveyed by BidClerk include Dallas, TX; Collin, TX; Tarrant, TX; Denton, TX; Ellis, TX; Fort Bend, TX; Harris, TX; Galveston, TX; Brazoria, TX; Bexar, TX; Comal, TX; Guadalupe, TX; Wilson, TX; Hays, TX; Travis, TX; Williamson, TX; Bastrop, TX; Caldwell, TX; and El Paso TX.
Today’s new job data was released by BidClerk, a leading provider of construction project data and marketing tools for building product manufacturers, contractors, and distributors. 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 BCI reports for specific counties, regions, and states by contacting BidClerk: BCI@bidclerk.com.
With the most affordable solutions on the market, BidClerk is leading its industry by offering the widest range of construction project data and marketing tools for building product manufacturers, contractors, and distributors. All of BidClerk’s services are offered at subscription rates that are far below those charged by McGraw-Hill Construction (NYSE:MHFI) or Reed Construction Data (Rel:Ln). More info: www.BidClerk.com or call (877) 737-6482.