The transcript of EMCOR Group’s recent Q2/13 conference call with analysts can be found here. included in there:
[QUESTION] When could you anticipate seeing a surge in that activity translate into backlog growth in commercial and hospitality?
ANSWER- from Anthony J. Guzzi, president & CEO:
We’re usually 9 to 12 months behind [architects designing projects]. As you know, where we — the job has to get designed, it’s got to get budgeted, then they got to bid it through the general contractors and the construction managers, and then eventually, it ends up on our desk. So I’d say, we’re probably 9 to 12 months out on that.
I will tell you this. I don’t want to say that small project work has grown substantially, but it’s stabilized and it’s gotten more rational. What happened there for a couple of years, and unfortunately, we had about 4 or 5 jobs we were guilty. Small contractors or service contractors — small contractors stepped into work they shouldn’t be doing. But more negatively, a larger contractor’s came down into the small project work, and they really don’t know what they’re doing with it down there. And they pollute the market.
What you are seeing is those guys get up because they know what they were doing. And you’re seeing more rational pricing return to parts of the service market. And that’s good underlying and that’s part of which drove the performance improvement year-over-year in our mechanical services business which was quite substantial.
Source: http://electricalcontractor.com/?p=10613
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