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March 2010 Price List Update Now Available

OREM, 
Utah
 — Tuesday, March 2, 2010 — 

The March 2010 price list updates for more than 460 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 February 2010 price list publication):

 U.S.Canada
Basket of Goods Labor and Material 0.07% 0.07%
Billable Labor Rates -0.06% -0.24%
Basket of Goods Material Only 0.13% 0.07%
25 yr. Shingle Labor and Material 0.41% 0.58%
25 yr. Shingle Material Only -0.15% 0.19%
½” Drywall Installed Ready for Paint -0.65% -0.49%

Pricing research for the March 2010 publication shows little change overall. It reveals a slight increase in both the United States and Canada for the Labor and Material report, which measures common material and labor used in claims and remodeling. The Billable Retail Labor Rates report shows a slight decrease for both countries. The Common Material Only and 25-year Shingle Labor and Material reports show slight increases. The 25-year Shingle Material Only report stayed constant, and the ½” installed drywall report showed a slight decrease in both countries. The information reported here is based on a national average and it is important to note that actual changes will vary within each individual pricing market.

It is also 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 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 such 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 https://www.xactanalysis.com/. You can also send emails directly to Xactware’s Pricing Team at:

Gasoline prices decrease in the United States and increase in Canada

Since the February 2010 publication, gasoline prices have decreased 1.69 percent in the United States and increased 3.41 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
  Jan 25 Feb 22 Jan 26 Feb 23
Gasoline National Average $2.666 $2.621 $0.998 $1.032

* Canada prices are per liter

New Hazardous Material Remediation Category

Beginning with the April 2010 publication, price list updates will include a category of items for Hazardous Material Remediation. This new category will contain items specifically related to hazardous material remediation such as asbestos, lead paint, mold, and much more. This provides a single location within the price lists where users can estimate containment barriers, personal protective gear, negative air, HEPA vacuuming, and much more, as well as hazardous material testing fees. Many of these items currently exist in the Water Extraction & Remediation (WTR) category, which has grown over the past several years to include tasks related to more than just water-related loss remediation. The Water Extraction & Remediation category will still contain items related to the various categories of water loss remediation/mitigation. Beginning with the April price list publication, however, certain items that can be used to remediate losses related to other hazardous materials will be moved or duplicated into the new HMR category.

Changes to the March price list

Customers can view specific changes to the price lists by logging on to 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.