Simsol’s team of independent pricing consultants along with the expert cost specialists at Craftsman Publishing are constantly monitoring construction labor, materials and equipment changes on a monthly basis.
Orlando, FL (PRWEB) May 10, 2016
SIMSOL Software (Simultaneous Solutions, Inc.) announced the release of their 2nd Quarter Pricing Update to Simsol 7.0. The cost database named the “Complete Building Repair Registry” is an update to Version 7 of its estimating software for property insurance adjusters and restoration contractors. The repair registry contains an enlarged and redesigned restoration cost database.
The focal points of the update are line item additions, deletions, changes and clarifications to recently redesigned database. Location factor changes, regarding materials and labor rates, were also addressed.
"Simsol’s team of independent pricing consultants along with the expert cost specialists at Craftsman Publishing are constantly monitoring construction labor, materials and equipment changes on a monthly basis,” said John Postava, President of Simsol. “Simsol releases updates to our pricing four times a year as well as during large catastrophic events such as hurricanes and major flooding when costs spike during the rebuilding process. We make every effort possible for our users to be as accurate as they can in their estimate pricing.”
Simsol’s building repair registry has been powered by Craftsman® Publishing’s area modification factoring system since 1995. This location factoring structure allows for localization of material costs, construction tradesmen and crew labor rates and equipment rental costs using three-digit zip and postal code data points. In the event of a massive national catastrophe, the company releases additional price updates based on their research of local pricing in the affected areas.
Please find additional information about the advancements of SIMSOL 7.0 on their website.
SIMSOL Software (Simultaneous Solutions, Inc.) is based in Orlando, Florida. SIMSOL has over 25 years of experience in the insurance claims industry and continues to innovate and enhance the claims management process with their newest release of SIMSOL 7.0 for insurance adjusters and restoration contractors. Please visit SIMSOL or call 800.447.4676.