Larger-Scale projects capture the headlines and create excitement, and Quanta, with its broad integrated capabilities and ready workforce of more than 28,000 skilled employees, leads the industry in winning and executing this kind of work. Yet, it is our steady flow of recurring business that provides a stable revenue base on which to grow. Every year we work to build this base in both our electric power and oil & gas segments. Our base business includes levels of recurring customer spend to maintain or expand their network. This can include smaller capital projects and the long-term work of maintaining and replacing aging infrastructure. In some cases this includes decades of steady work from utilities that need Quanta's scope and scale to accomplish their goals.
MSAs, Alliances and Partnerships
Quanta’s master service agreements (MSAs), alliances and strategic partnerships are the foundation of our business. Our relationships with customers span decades and are strengthened with each project. Our reputation for consistent, safe and high-quality delivery of our work often places Quanta as the first option for specialized services, year-after-year for our customers.
Over several decades, Quanta has built a strategic partnership with FirstEnergy. Exceptional experience built through relationships, trust and performance has earned us a position as FirstEnergy’s ‘Go-to-Contractor’ for all of their transmission, distribution and substation construction needs.
Major International Oil Company
In 2016, a leading global energy company with major facilities in Canada’s Fox Creek-Kaybob Duvernay area began a major infrastructure build out. Quanta was awarded the installation of 57 kilometers of six-inch and eight-inch steel pipe, three-inch FlexCord and four-inch FlexPipe for the upstream gathering system.