A Seller's Market for Contractors | Supply and Demand in the Construction Industry

Hello, everyone.

This is Enta.

Lately, we’ve been seeing a lot of general contractors visiting our company.

That is precisely why there is a shortage of contractors and why the market is currently a seller's market for construction firms.

These days, contractors' rates are skyrocketing.

The unit price for spray application—including the cost of the equipment—is 1.5 times what it used to be.

Status of the Last Layering

But even so, there still aren't enough contractors. It's no longer just a matter of money.

Disasters occurring in various regions.

There are past repair and renovation projects, political entanglements, and so on, right?

 

But for the past 20 years or so, our industry has been put on the spot and gradually sidelined, lol.

It's like, "Don't tax the construction industry," you know?

As a result, there are almost no young people left to maintain the infrastructure.

 

Since there aren't enough young people, we now have to rely on foreign workers.

It’s true that some people criticize even that, but if the roads aren’t properly maintained, that becomes a target of criticism too!

What the heck!

That's kind of how it is, lol

 

At this stage, there are no contractors available, so it seems the general contractor has to find one before accepting bids!?

I've heard that some places won't even let you participate in the bidding process if you're not there.

It seems that a recent trend among major companies is to confirm with clients—"We have work starting in [month]—can you handle it?"—before accepting an order.

That means if you don't do that, you won't be able to hedge against the risk of the contractor not being available, right?

 

We're living in amazing times.

So, the general contractor decides whether or not to bid based on whether there's subcontract work available...

It looks like a strange reversal might happen before long.

Scary, scary.

 

We’re grateful just to be approached.

Whether or not we take on the job depends on the situation at the time, but if it doesn't interfere with our schedule, we'll take it on to a certain extent.

Lately, whenever I post on my blog that “We have openings starting from [date],” there are people who call me right away, which is a huge help. (I’m sorry for my lack of follow-up.)

So I can’t help but wonder if it might be a good idea to post our production schedule online—it might make things easier to understand.

 

After all, even if there’s this much work, we can’t get anything done without enough people.

I want to do a good job and do it well, so I’d like to work with general contractors who appreciate what we do.

After all, no matter what anyone says, I just can't be ungrateful.

 

To everyone who brings up work-related topics with me.

Thank you so much. I really appreciate it.

We’ll do our very best to provide you with the highest quality, the best workmanship, and the highest output!!

 

See you later.

P.S.: It looks like Anchor Team 1 will be coming up sometime around the second half of August.
If you have anything to discuss, please feel free to contact me.

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