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February 2010 Price List Update Now Available

OREM, 
Utah
 — Tuesday, February 2, 2010 — 

The February 2010 price list updates for 467 regions in the United States and Canada are now available for download.

A summary of price changes reported in this update are as follows (national average changes, which have been reported since the January 2010 price list publication):

 U.S.Canada
Basket of Goods Labor and Material 0.08% -0.17%
Billable Labor Rates -0.07% -0.56%
Basket of Goods Material Only 0.03% 0.01%
25 yr. Shingle Labor and Material 0.94% 0.50%
25 yr. Shingle Material Only -0.01% 0.00%
½” Drywall Installed Ready for Paint 0.65% 0.50%

Pricing research for the February 2010 publication shows little overall change. It shows a slight increase in the United States and a slight decrease in Canada for the Basket of Goods Labor and Material report. The Billable Retail Labor Rates report shows a slight decrease for both countries. The Basket of Goods Material Only, 25-year Shingle Labor and Material, and ½” Installed Drywall Reports show slight increases. The 25-year Shingle Material Only report stayed constant. The information reported here is based on a national average, and actual changes within individual pricing markets may vary.

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 represents market costs at the time of publication. Since actual market prices can vary and may change rapidly, and since many factors can affect 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 customers monitor their local markets for any changes and adjust their estimate pricing as deemed 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 Xactimate and online at www.xactnet.com/feedback. You can also send emails directly to Xactware’s Pricing Team at:

Gasoline prices decrease

Since the January 2010 publication, gasoline prices have increased 3.98 percent in the United States and 2.89 percent in Canada. Because gasoline prices can change rapidly, Xactware recommends users monitor their local costs to determine whether repair/construction costs have been affected.

For further details, see the U.S. Department of Energy website at www.eia.doe.gov/oil_gas/petroleum/data_publications/wrgp/mogas_history.html.

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

 U.S.*Canada
  Dec 28 Jan 25 Dec 29 Jan 26
Gasoline National Average $2.564 $2.666 $0.970 $0.998

* Canada prices are per liter

Naming convention for this update

Beginning in January 2009, price lists are published monthly and the date indicator used in all price lists will represent the month and year (e.g. _JAN10, or _FEB10).

Customers can view specific price list changes by logging onto the eService Center. XactAnalysis customers can see specific changes 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 Xactimate user to access price lists this way:

  • Click Services in the menu bar of the Control Center tab. 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 will appear advising you the price lists have been downloaded and are now available for use in Xactimate. Click OK.