Facebook LinkedIn Twitter RSS

Report shows strong growth in construction bidding

By , - Last modified: October 29, 2013 at 11:27 AM

A new report shows that construction bidding is up significantly in Pennsylvania – at least in the public sector – and the Lehigh Valley is among the strongest regions.

The BidClerk Construction Index reported that overall construction bidding increased 42 percent over a year ago in the four separate metro regions it studied in Pennsylvania: the Lehigh Valley, Reading, Harrisburg and Pittsburgh.

According to the report, private construction activity in the regions decreased by 4.4 percent, however public construction jumped by 63.1 percent.

In the Lehigh Valley, construction bidding was up 101.52 percent over 2012 with private projects up 64.29 percent and public projects up 111.54 percent.

"It's a good sign," said Todd Ciganek, vice president of information services at BidClerk. "You also have some impressive projects in the Lehigh Valley."

He gave the South Side Lofts [in Bethlehem] and renovations at Lehigh University's Williams Hall as projects that went out to bid in the latest quarter [third quarter] in the Lehigh Valley.

The company said the contract value for all construction projects reported on BidClerk nationally was $3.7 billion for the third quarter of 2013, down from $4.3 billion in the second quarter.

In the Lehigh Valley, total contracts out to bid totaled $325 million for the third quarter. Ciganek said that number is expected to grow with a number of new projects in the pipeline that he expects shortly will go out to bid.

You May Have Missed...

Stacy Wescoe

Stacy Wescoe

Writer and online editor Stacy Wescoe has her finger on the pulse of the business community in the Greater Lehigh Valley and keeps you up-to-date with technology and trends, plus what coworkers and competitors are talking about around the water cooler — and on social media. She can be reached at stacyw@lvb.com or 610-807-9619, ext. 4104. Follow her on Twitter at @morestacy and on Facebook. Circle Stacy Wescoe on .

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy