Price List Commentary & New Line Items – March 2018
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Price List Update Commentary
There were only 7 new line items introduced this month. This was a relatively quiet month as it relates to price list updates. One thing we did find interesting is that two roofing items now have specific line items that explicitly exclude waste (ice and water shield related). We speculate that this is in preparation for the Geomin Roof estimating tool that will be broadly available in the next ~4 months. To be clear, we are speculating here, however, our speculation is informed by the fact that we do know something about how Geomni Property/Roof Insights makes concessions for the users to define roofing waste on a percentage basis so keep an eye out for more RFG line items coming on board in the near-term. On the flip side of this, the Pricing Department choose to simultaneously update the additional item info associated with RFGIWS (and related line items), highlighting the fact that these items include a material component waste factor of 5%.
Price List Update Summary
New Items added for the March 2018 price lists
1. FRMSHB1/2 Sheathing system w/ built-in barrier & taped seams – 1/2"
2. FRMSHB5/8 Sheathing system w/ built-in barrier & taped seams – 5/8"
3. RFGIWS- Ice & water shield – no material waste included
4. RFGIWSHT- Ice & water shield – High temp – no material waste incl.
5. RFGSHB1/2 Sheathing system w/ built-in barrier & taped seams – 1/2"
6. RFGSHB5/8 Sheathing system w/ built-in barrier & taped seams – 5/8"
7. SDGRAINSCN Rain screen system with 1" x 3" furring strips
Items modified for the March 2018 price lists
1. CLNMAS Added equipment component to (+) assembly and modified labor component yield to include assumptions for pressure washing equipment.
2. DOROHOKP Modified definition and labor yields to reflect a wireless entry pad.
3. RFGIWS* Added text to Note field of (+) definition to clarify main material component includes a waste factor of 5%.
Material components added for the March 2018 price lists
1. AWNSCREEN< Insect screen (6" x 100' roll)
2. FRMSHB1/2 Sheathing w/built-in water-resistive barrier- up to 1/2" OSB
3. FRMSHB5/8 Sheathing w/built-in water-resistive barrier – 5/8" – OSB
4. FRMSHBTAPE Seam & flashing tape for sheathing system – 90' roll
Material components modified for the March 2018 price lists
1. PNTST Modified component description for consistency with similar items.
Future changes and additions to look for in upcoming price list publications
1. Item(s) for additional roof accessories for single ply membrane roofing (TPO, PVC, etc.).
2. Item(s) for vinyl tile with grout.
* Signifies changes to multiple items with similar selectors