Verisk Industry Trends for January 2021
Verisk's Pricing Data
LONDON, United Kingdom — 05 January 2021 —
Labour research has indicated nominal increases across the majority of trades. Research also indicated notable material price movements this quarter:
- The cost of copper cable has increased by 6% on average due to increases in demand.
- The price of ceramic wall and floor tiling rose from last quarter, however, prices are yet to normalise from the 2020 market disruptions.
- The price of gypsum-based products such as plasterboard and bagged goods have decreased, however, have not completely corrected from the previous price increases in 2020
- Roofing and rendering items have increased over the quarter on average by 10%
Please note, no items were added or deleted this quarter.
Read Xactware’s exclusive analysis on COVID-19 impacts to material and labour pricing throughout the U.K., as well as special industry considerations moving forward.
Please contact the UK pricing team if you would like to discuss any of the changes listed in this document contact us at ukpricing@xactware.com.
Modified items in the January 2021 price list release.
|
Code |
Description |
Comments |
|
XWKBPD |
Block paving - Driveway - Average grade |
Added EQUPLATE to item, yield change and description change |
|
XWKBPD+ |
Block paving - Driveway - High grade |
Added EQUPLATE to item, yield change and description change |
|
XWKBPD++ |
Block paving - Driveway - Premium grade |
Added EQUPLATE to item, yield change and description change |
|
XWKBPD- |
Block paving - Driveway - Standard grade |
Added EQUPLATE to item, yield change and description change |
|
XWKBPNSD |
Block paving natural stone - Driveway - Average grade |
Added EQUPLATE to item, yield change and description change |
|
XWKBPNSD+ |
Block paving natural stone - Driveway - High grade |
Added EQUPLATE to item, yield change and description change |
|
PLALFSK |
Lining finish - Tape & skim only |
Adjusted PVA yield |
|
PLAP2 |
Plaster - Lightweight gypsum - Two coat - 12mm |
Added PVA component |
|
PLAPR2 |
Renovating plaster - Two coat - 12mm |
Added PVA component |
|
JNSSKBR |
Skirting board - Refit |
Added caulk component |
Local market conditions
Xactware makes every effort to ensure pricing information contained in the most recent 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—labour, plant, and material costs as well as the rates and application of VAT), 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. You can submit pricing feedback online or via email to Xactware’s pricing team at:
- ukpricing@xactware.com for U.K. inquires
- roipricing@xactware.com for Ireland inquires
Downloading a price list in Xactimate
If you are a registered Xactimate user, you can download price lists in four steps:
- In Xactimate, select Price List tab in the main dashboard,
- Select Request Price List(s) on the menu bar.
- From the “Request Price List” window, enter the country, region, and area for the price list you would like to download.
- After making your selections, select Download.
A window will appear advising you the price lists have been downloaded and are now available for use in Xactimate.
https://xactware-eu.custhelp.com/app/answers/detail/a_id/1057