Construction Data Services
In a free-market economy, prices for construction material and labor vary, often significantly among suppliers and contractors within the same city. This creates a strong need in the insurance restoration industry for comprehensive and independently researched and validated pricing information. This is exactly what Xactware provides.
Xactware’s Pricing Data Service Team reports cost information based on actual prices and transactions (completed bids) that have occurred recently in your area. This information is invaluable to estimators who need to reference current, local prices that are based neither on the highest nor the lowest price in their market.
Xactware currently researches and reports on structural repair and cleaning cost information for more than 470 geographic regions on two continents. Each of these databases of costs is fully researched, validated, and supported by Xactware’s in-house team of professionals.
For personal property (contents), the industry need is quite different: customers need to be able to see and compare actual costs from multiple stores. They also need to be able to search for specific brands and model numbers, or search by features and compare discontinued models with currently available equivalents. Xactware’s contents replacement database, therefore, incorporates actual product data feeds from more than 100 different national retail chains.
As a result, Xactware’s published cost information has become the most widely used pricing data in the industry.