Pavement October/November 1999
Pricing Benchmarks
Pricing of work is the topic of The Source 1999, and the information should
enable contractors to compare their pricing with others in the country and their
region. Source 1999 results are based on 876 non-duplicated (one response per
company) responses to a Pavement survey mailed to readers last February. Results
are presented in total for the United States and also by geographic region,
which are:
New England (NE): VT, NH, ME, MA, RI, CT
Mid-Atlantic (M-A): NY, NJ, PA
East North Central (ENC): OH, IN, MI, IL, WI
West North Central (WNC): MN, ND, SD, NE, KS, IA, MO
South Atlantic (SA): FL, GA, SC, NC, VA, WV, MD, DE, DC
East South Central (ESC) KY, TN, AL, MS
West South Central (WSC): TX, OK, LA, AR
Mountain (MT): MT, ID, WY, CO, UT, NV, NM, AZ
Pacific (P): WA, OR, CA, AK, HI
The percentage of respondents marking each price range is presented for each service in each region. Results are compiled only from those contractors reporting they offer a particular service. (Pricing information for other work will appear in January 2000.) Information was compiled and analyzed by Waller Research Associates, Delavan, WI.
Sealcoating: Average price nears 8 1/2 cents per square foot
Contractors responding to the 1999 Pavement survey from across the country charge an average of 8.48 cents per sq. ft. for sealcoating. Only 2.8% of companies indicated they charge less than 5 cents a sq. ft., while 14.2% indicated they charge more than 11 cents per sq. ft. Pricing appears to be toughest in the East North Central Region, where almost 66% of contractors said they charge less than 8 cents per sq. ft. Pricing in the Pacific Region was the highest, with almost 57% from that region indicating they charge 9 1/2 cents or more per sq. ft.
Sweeping: Wide difference between street, parking lot rates
The average hourly charge for sweeping parking lots is $52.89 but it is $78.68 for sweeping streets, according to the 1999 Pavement survey of contractors throughout the country. For street sweeping, four regions broke the $80/hr. level, while for parking lot sweeping seven of the nine regions reported average hourly pricing in the $50 area. Average parking lot sweeping pricing was highest in New England ($59.77/hr), while average rate for street sweeping was highest in the Pacific Region ($83.46/hr).
Striping: Layout commands higher price nationwide
More than 45% of contractors responding to the 1999 Pavement survey charge between $2.51 and $3.50 to layout and stripe a single parking stall, while almost 53% said they charge between $1.51 and $2.50 per stall $1 less to restripe existing layouts. Average restriping price across the country was $1.83 per stall (Pacific Region was highest at $2.11; East North Central was lowest, $1.64). Average layout and striping price was $2.95 per stall (Pacific Region was highest, $3.32; East North Central lowest, $2.72).
Stenciling: $5-$10 most-common range
While almost 42% of striping contractors responding to a 1999 Pavement Survey charge between $5.01 and $10 to paint a single stencil on pavement, average single-stencil price throughout the country is higher: $12.66. The higher average results from more than 19% of striping contractors indicating they charge more than $20 per stencil, and more than 32% indicating they charge between $10.01 and $20 per stencil. Stencil pricing is highest in the Mountain Region, with an average price of $15.55 per stencil, and lowest in the East North Central Region, at $11.24 per stencil.
HMA overlays: Size matters when determining prices
Theres value for the customer in quantity, and the 1999 Pavement Pricing Survey clearly demonstrate that for hot mix asphalt overlays.
Average square-foot pricing falls from a high of $1.13 on small jobs of 1,000 sq. ft. or less to 96 cents (1,001 to 10,000 sq. ft.), 74 cents (10,001 to 25,000 sq. ft.), 64 cents (25,001 to 50,000 sq. ft.) all the way to 60 cents on jobs of more than 50,000 sq. ft. of HMA overlay.
Average overlay prices were consistently highest in the New England Region except for overlay jobs of 1,000 sq. ft. or less, which are priced higher in the Pacific Region ($1.23 vs. $1.15/sq. ft.).
As the pricing charts across the next four pages show, regions tend to stay consistent with their pricing relative to other regions. Pricing in the West North Central Region, for example, tended to be the lowest of all nine regions across all five charts.