Facilities Management Services Procurement Intelligence : Facilities Management Services Category Is Expected to Grow at CAGR of 12% From 2023 to 2030
Facilities Management Services Procurement Intelligence In this facilities management services procurement intelligence report, we have estimated the total cost of ownership which is divided into five major segments. These are reactive maintenance, energy, capital projects, technology and oversight, and preventive and recurring maintenance. Reactive maintenance can account for between 30 - 35% of the TCO share. Under this TCO, the main cost elements can be further broken down and simplified as - labor, materials and supplies, energy, taxes and government policies, purchase, delivery and installation, training, maintenance, water, health and safety, and disposal. The cost of materials has increased significantly from 2020. Because of shortages of labor that have interrupted supply chains, demand for some commodities has outpaced producers' capacity to produce and distribute supplies. Facilities management is also facing more challenges as a result of the rapidly rising cost...