Awarded value, not inquiries
Rank channels by contracts won and their value rather than by bids submitted.
Marketing attribution for commercial contractors
Match awarded contracts to the inquiries, bids and campaigns that produced them, across a pursuit measured in months or years.
$1,520,000 38% of $4,000,000 paid
The blind spot
Commercial pursuits are long, expensive and mostly unsuccessful. Judging marketing on inquiry volume in a business where one award can be worth millions is close to meaningless.
What you get
Rank channels by contracts won and their value rather than by bids submitted.
An inquiry from two years ago that finally awards still traces to its source.
Only exact matches count automatically; anything weaker is flagged, not assumed.
A worked example
Not impressions, not leads, not cost per click. Closed revenue, by the channel that produced it, for a period you choose — with the portion we could not trace shown rather than quietly shared out across your paid channels.
| Channel | Sales | Revenue | Share | % |
|---|---|---|---|---|
| Google Ads | 4 | $480,000 | 12% | |
| Events | 6 | $720,000 | 18% | |
| Email marketing | 3 | $320,000 | 8% | |
| Direct / Unknown | 17 | $2,480,000 | 62% |
Commercial construction runs on relationships, repeat clients and reputation. That is exactly why most firms conclude marketing cannot be measured here, and stop trying.
It can be measured — it just will not flatter advertising. A correct report for this segment shows a large Direct / Unknown bucket, because most awards genuinely come from relationships rather than campaigns. What the attributed portion tells you is which of your marketing activities actually reaches new clients, and that is a smaller but far more honest number than any tool willing to redistribute the rest.
Awards are lumpy. One quarter can contain a single project worth more than the previous year, which makes month-to-month comparison actively misleading.
Comparing whole years, or the same quarter across years, is the only comparison that means anything here. Because nothing had to be installed at the time, those comparisons can be run over periods that closed long ago.
Most commercial work is awarded from a shortlist, which means the decisive event happened earlier: getting onto the bid list, the framework, the approved-supplier panel. A firm that is not prequalified never sees the opportunity at all, and no quantity of inquiry generation changes that fact. Marketing in this sector is therefore doing something narrower and more specific than producing leads — it is making the firm a name that survives a shortlisting meeting nobody from the firm attends. That is a different objective from generating inquiries, and in most firms it is funded from the same budget as though it were the same thing.
That work still leaves records behind. A prequalification submission has a client contact on it. A framework application has an owner on the other side. A tender portal keeps a list of the bodies that invited you to bid. Any of those can go into the lead file, tagged with its source, and the awards that followed are ranked against it, which may be the first time a bid team's pipeline has been read as an acquisition channel rather than as workload. The bid team usually keeps these lists already, in a spreadsheet maintained for reasons that have nothing to do with marketing.
The comparison tends to be uncomfortable in a useful way. A portal subscription producing dozens of invitations a year and one award in three is expensive per win once the bid costs are counted. A single framework that quietly delivers work for five years may never have been counted as marketing at all. Both facts become visible the moment awarded value rather than opportunities seen is what orders the table. It is worth running across several years rather than one, because a portal that produced nothing for two years and one award in the third is a different proposition from one that produced nothing at all.
Repeat clients are the backbone of commercial contracting, and they are also why firms conclude the work cannot be measured. The second project came from the first, the first came from a relationship, and the relationship came from somewhere nobody wrote down. Part of that is true and will show as unattributed. Part of it is not: the first project had a traceable origin, and nobody ever thought to connect it to the fourth one. The firm is not wrong that relationships won the work. It is wrong that the relationship had no traceable beginning anybody could have recorded.
Matching on the client contact makes that connection automatically across a long enough range. A firm running three years of awards through one report frequently finds that a meaningful share of what it thinks of as relationship work traces back to a single inquiry that came through a channel still being funded — or, more awkwardly, through one that was cut two budgets ago on the strength of its inquiry cost. Three years is the minimum useful range here, and five is better where the client base is small and the individual projects are large.
Variations and change orders deserve the same treatment. On a large project they can exceed the original award, and they are recorded as contract value in the project system rather than as new sales anywhere. Exporting them as further rows against the same client credits them where the original award was credited, which is the reading that reflects how the firm actually earns rather than how its paperwork is filed. Whether to include them is a decision to make once and keep, because a year with variations counted and a year without them are not comparable in either direction.
The unattributed share is large, and that is the finding rather than a failure of the method. Most awards may trace to nothing in the marketing data, because they came from a relationship, a repeat client, or a recommendation passed between two people who have never filled in a form in their lives. Seeing that printed at its real size is precisely what makes the remaining share worth reading at all. A report claiming to attribute most of a contractor's awards to advertising would be describing a different kind of business entirely.
Inside that remaining share the ordering is usually a surprise. Industry events and association activity, funded on faith and reported on attendance, often outrank digital spend on awarded value. Paid search, defended at every budget meeting on the cost of an inquiry, may turn out to be producing inquiries from clients too small to be worth the bid team's time. Neither result is a reason to act the same afternoon. Both are a reason to look at what a channel produced rather than at what each inquiry cost to acquire.
A third finding is about periods rather than channels. Awards are lumpy enough that the answer changes depending on where the range is drawn, so the discipline is to fix the range first and read the result afterwards. Whole financial years, or the same quarter across several of them, are the only comparisons that survive one large project landing on the other side of a boundary. Fixing the range afterwards, once the shape of the result is already known, is how a report stops being evidence and becomes an argument.
Why it matters
"We generated 400 leads" invites an argument. "This channel closed $186,400 last quarter, here is the reconciliation" ends one. The teams that can show closed revenue by channel are the teams that get the next increase approved, because they are asking with evidence rather than with conviction.
Killing spend is politically harder than adding it, because someone always owns the channel being cut. A number that reconciles to the sales export takes the argument out of the room — you are not overruling a colleague's judgment, you are reading the same ledger they are.
Platform-reported conversions do not reconcile to revenue, and eventually someone in finance notices. Reporting built from your own closed-sales export starts from the number finance already trusts, which is why it holds up when it is checked.
Because this reconciles exports rather than tracking visitors, it works on months that have already closed. You are not instrumenting now to learn something in ninety days — you can answer for last quarter today, which is usually when the question is being asked.
Honest answers
Then Direct / Unknown will be large and should be — around 60% is normal. Its size is the finding; the attributed portion tells you what marketing is reaching people the relationships do not.
Which is why the report lets you choose any range. Compare years or the same quarter across years; month-to-month in this business measures luck.
That is fine. Awarded projects with a client contact detail, a contract value and a date — any layout.
Pricing
The price here is the price on the invoice, plus any sales tax that applies — no per-call, per-minute or per-form fees. Enterprise usually fits commercial contractors and engineering firms — ten seats for the team and the highest monthly record allowance, since a year of closed deals is a lot of rows.
One business closing at volume
$499/mo
billed monthly
Questions
Anything else? Talk to us — a person answers, usually the same day.
Awarded projects: a client contact email or phone, the contract value, and the award date.
Yes — add attendee lists to the lead file, tagged with the event, and events attribute like any other channel.
Yes, with a sector column mapped as Product / service. Healthcare, education and industrial pursuits behave very differently, and the breakdown shows the awarded value and attributed share of each.
As long as your data covers. There is no attribution window to expire.
Whichever you plan on. Keep it consistent across periods.
No. Existing inquiry exports work as the second file.
Yes, and for this business that is the right unit of analysis.
Awarded project rows analyzed in a calendar month. Inquiry rows do not count.
Yes. A list of the clients or bodies you submitted to can go into the lead file, tagged with the shortlist or portal, and awards are ranked against it. For firms that win from shortlists rather than inquiries, this is the source most worth adding first.
Export them as further rows against the same client and they credit the channel behind the original award. On large projects they can exceed the original contract value, so omitting them understates whatever produced that client.
Then the next award may not link, and it lands in Direct / Unknown rather than being credited to a guess. Carrying the client organization as a column makes those cases straightforward to review by hand.
Export your own share of the value, with a column naming the arrangement mapped as Product / service. Mixing your share with whole contract values across different periods is a common way these reports quietly stop being comparable.
Usually two: somebody who can produce the awarded-projects extract, and whoever holds the marketing exports. Seats come with the plan, and roles limit who can run imports or change the workspace settings.
Yes, in a narrow way. Events, association membership and bid portals can all go into the lead file as sources, so a firm with no paid media at all can still see which business development activity preceded its awards.
Nearby
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What to exportFrom the blog
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Read the articleStart today
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