Once again beating expectations, and boosted by stimulus funding, the state, local and education (SLED) market posted its fourth quarter in a row of double-digit growth in contractor-addressable bid & RFP opportunities. This result was led by education governments and projects related to architecture & engineering (A&E) and operations & maintenance (O&M) work.
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The report provides a timely review of the latest contracting trends, including year-over-year growth rates by level of government and each of our 12 industries, and our SLED Recovery Index measuring progress as the market emerges from the pandemic.
In Q1 2022, the SLED market maintained its resilient pace of recovery
School districts and colleges published 19.3% more bids and RFPs
At 31.3% the A&E industry saw the most growth in Q1