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Xactware News

March 2009 Price List Update Now Available

OREM, 
Utah
 — Tuesday, March 3, 2009 — 

The March 2009 price list updates for more than 460 regions in the United States and Canada are now available for download.

A summary of the price changes in this update are as follows: (National Average changes which have been reported since the February 2009 price list publication):

  USA Canada
 
Basket of Goods Labor and Material -0.03% 0.24%
Billable Labor Rates -0.11% -0.13%
25 yr Shingle Labor and Material 0.16% 0.60%
25 yr Shingle Material Only 0.90% 0.90%
Lumber Material Only 0.00% 0.02%


The pricing research data for the March 2009 publication shows little change overall. Some national indicators show a slight decrease while other national indicators record a slight increase. At the same time, many local markets are showing decreases for specific items.

Composition shingle price notification
Xactware has been notified of potential upcoming price increases for composition shingle roofing material. As of the date of this publication, these increases have not taken effect. We recommend that users compare the published price of shingles to prices from local vendors to determine if a change is needed within an estimate. Xactware continues to survey the market and will update costs in preparation for the next price list publication.

Local market conditions
It is important to remember that Xactware's published pricing information is based upon recently completed surveys and estimate transactions.

Xactware makes every effort to ensure that the pricing information contained in this update is representative of market costs at the time of publication. As actual market prices can vary and may change rapidly, and as many factors can impact the cost of a project (including but not limited to labor, equipment, and material costs, as well as the rates and application of sales tax), we strongly recommend that all customers monitor their local market for any such changes and adjust their estimate pricing as they determine appropriate.

Pricing feedback
Please report any price changes to Xactware as soon as possible. Xactware will research price-change reports and will include adjustments for independently verified changes in future price list publications. Pricing feedback can be submitted from within Xactimate, and online at: https://www.xactanalysis.com/. Emails can also be sent directly to Xactware's Pricing Team at pricing@xactware.com.

Changes in gasoline prices
Nationally, gasoline prices have increased 3% in the USA and decreased 0.4% in Canada since the February 2009 publication.

For details, see the USA Department of Energy website at:
http://www.eia.doe.gov/oil_gas/petroleum/data_publications/wrgp/mogas_history.html

Comparative prices (National averages) for the last month are as follows:

  USA   *Canada
 
  Jan 26 Feb 23   Jan 27 Feb 24
Gasoline National Average $1.813 $1.868   $0.829 $0.825


* Per liter


Naming convention for this update
Price lists have historically included a date indicator in the name which included a single digit representing the year, followed by the letter A, B, C, or D representing the appropriate quarter. With the change to a monthly schedule beginning in January 2009, the date indicator used in all price lists will represent the month and year (e.g. _FEB09, _MAR09).

Customers can view specific changes to price lists by logging in to the eService Center. XactAnalysis customers can view specific changes to the price lists by viewing the Quarterly Price List Changes report in the Industry Trend Reports section. This same report can be found in the Featured Highlights section of the eService Center after March 2, 2009.

Downloading a price list in Xactimate:
To use this method, you must be a registered XactNet user.

  • From the Control Center tab click Services in the menu bar, select Request Price List from XactNet, and then click Xactware Price List.
  • From the Request Price List window, enter the country, state/province, and city for the price list you would like to download. If you would like to receive the Zip/Postal code table that goes with the requested price list, check the appropriate box.
  • After making your selections, click the Download Now button.
  • A window appears advising you that the price lists have been downloaded and are now available to use in Xactimate. Click OK.