Cordell Costing Data Update
The prices in our database are updated daily to equip you with up-to-date pricing information so that you can quote with confidence.
If you see a circular arrow icon in the Update column, it indicates that the pricing data has been updated in the system. To apply the latest pricing data on all the items in your estimate, tick the checkbox in the header row to select all the items and click Update Rates. To apply the latest pricing data on individual items tick the checkboxes individually on each row.
Image 1: Applying the latest pricing data.
Important note: any database items can be updated without manual database components adjustments.
Once the prices have been updated, you will see a tick icon in the Update column.
Image 2: Identifying updated prices.
Site-specific Price Changes
You may change benchmark rates to meet specific site requirements and ensure that the end pricing is appropriate for the job.
For example, if the roof sheet mat appears more difficult to remove, adjust the benchmark rate to suit your job. Also, look at allowances like height allowances and cutting allowances. These considerations would vary depending on the job you are estimating.
Image 3: Adjusting prices on specific items by percentage or value.
Adjusting prices for labour, material, plant or subcontract components with the custom calculator
You may change benchmark rates to meet specific requirements and ensure that the end pricing is appropriate for the job.
Follow these steps to make adjustments using the custom calculator:
- Click on the rate in the in the corresponding column and row
- Click on the calculator icon to make adjustments.
Image 4: Adjusting prices using the custom calculator.
Enter the original amount on the calculator then add the percentage value that you require. Click on the percentage sign ‘%’ to ensure the additional amount is calculated as a percentage on the original amount. Click on the equal ‘=’ sign to see the adjusted amount.
Image 5: Adjusting prices using the custom calculator.
If you’re happy with the adjusted amount, click on Use to apply it to your estimates. Click ‘x’ to close the calculator and go back to your estimate.
Image 6: Adjusting prices using the custom calculator.
The new adjusted rate is now reflected in your estimate.
- The commercial charge-out rate is included in the Commercial Model and Commercial Detailed databases.
- The residential charge-out rate is included in the Residential Model and Residential Detailed databases.
- Labour rates can only be accessed in the Housing, Commercial, and Remove and Replace databases.
While you may adjust prices at a system level before adding recipes or components to an estimate, you may also adjust prices directly within an active estimate.