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Xactware News

May 2009 Price List Update Now Available

OREM, 
Utah
 — Friday, May 1, 2009 — 

The May 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 you will find in this update are as follows: (National Average changes which have been reported since the April 2009 price list publication):

  USA Canada
 
Basket of Goods Labor and Material 0.36% 0.55%
Billable Labor Rates 0.00% 0.33%
Basket of goods material only 0.72% 0.68%
25 yr Shingle Labor and Material 1.11% 0.25%
25 yr Shingle Material Only 0.00% -0.04%
Lumber Material Composite -0.87% -0.78%



The pricing research for the May 2009 publication shows some upward change. In general, indicators reflect a slight increase at a national level while lumber material shows a decrease. On average, Billable Labor Rates stayed the same in the USA and increased slightly in Canada. Many specific items in different markets are staying relatively level or show decreases as the overall construction industry continues to struggle in many markets.

It is important to remember Xactware's published pricing information is based on recently completed surveys and estimate transactions.

Local market conditions
Xactware makes every effort to ensure pricing information contained in this update is representative of market costs at the time of publication. As actual market prices can vary and change rapidly, and as many factors can impact the cost of a project (including-but not limited to-labor, equipment, material costs, and the rates and application of sales tax), we strongly recommend 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. We will then adjust any information that can be independently verified for inclusion in future price list publications. Pricing feedback can be submitted from within Xactimate, and online at https://www.xactanalysis.com/. You can also send emails directly to Xactware's Pricing Team at pricing@xactware.com.

Changes in gasoline prices
Gasoline prices have increased 3.7% nationally in the USA and decreased -0.8% in Canada since the April 2009 publication.

For details, see the U.S. 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
 
  Mar 23 Apr 27   Mar 24 Apr 28
Gasoline National Average $1.944 $2.016   $0.894 $0.887


* Canada prices are per liter


Naming convention for this update
Beginning in January 2009, price lists are published on a monthly basis, the date indicator used in all price lists will represent the month and year (e.g. _APR09, _MAY09).

Customers can view specific changes to the price lists by logging in to the eService Center. XactAnalysis customers can view specific changes to the price lists by viewing the 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.

Downloading a price list in Xactimate
You must be a registered XactNet user to use this method.

  • 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, then check this box as well.
  • 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.