EXECUTIVE SUMMARY

• While some commodities prices have come down, equipment has not followed the trend. Equipment prices continue to rise, however, at decreased intervals.

• Lead times are getting better. Only a few products have not improved.

• The micro-chip shortage is still negatively impacting the lead times. Equipment with ECM motors and VFDs tend to have the longest lead times.

• Major equipment manufacturers may require an approved submittal to secure pricing, not just a purchase order.

• Some major equipment players are requiring up-front payment and/or interval payments.

Rich Mouradian VP / Business Development

t. 781.953.0318 e. rmouradian@coxeng.com

Stephanie Wickman Estimating Coordinator

t. 781.807.0427 e. swickman@coxeng.com