Construction
CoreLogic's Construction Database for Insurance Claims
2024-12-12
CoreLogic, a renowned global provider, plays a crucial role in the property and related industries. With its extensive data and analytics, it offers valuable insights into various aspects of construction and real estate. Let's delve into the details.

Empowering with Accurate CoreLogic Data

CoreLogic's Data Sources and Updating Process

CoreLogic meticulously develops its reports by leveraging up-to-date materials and labor costs. The team of analysts is constantly engaged in researching hard costs such as labor, material, and equipment, including mark-ups. This dedication ensures that the database is updated every month, keeping it in sync with the latest market trends.Moreover, the research extends to soft costs like taxes and fringe benefits, which are essential for reconstruction work in the insurance industry. By monitoring demographics, econometric statistics, government indicators, and localization requirements from thousands of unique economies across the U.S., CoreLogic provides a comprehensive view.

Wage Rates and Construction Data Points

CoreLogic's data encompasses wage rates for more than 85 union and non-union trades. This extensive coverage allows for a detailed analysis of labor costs in different sectors. Alongside, it includes over 100,000 construction data points, providing a rich dataset for in-depth studies. These data points help in understanding productivity rates and crew sizes, which are crucial factors in construction projects.

Building Code Requirements and Localized Costs

Building code requirements and localized cost variables are also integral parts of CoreLogic's research. By considering these factors, the company can provide more accurate estimates of reconstruction costs. It ensures that the data is tailored to specific locations and business conditions, accounting for the unique challenges and opportunities in each area.

Validating Cost Data

To ensure the accuracy of cost data, CoreLogic employs various methods. It analyzes field inspection records, contractor estimates, phone surveys, and both partial and complete loss claim information. This multi-faceted approach helps in validating the data and providing reliable estimates.Please complete the online form to provide feedback or request information on any items in our construction database. For additional explanations or questions, feel free to contact your sales executive or account manager. A more detailed methodology explanation can be found in our Construction Database Pricing Methodology white paper.CoreLogic, headquartered in Irvine, Calif., operates in North America, Western Europe, and Asia Pacific. With over 4.5 billion records spanning more than 50 years, it serves a wide range of markets including real estate and mortgage finance, insurance, capital markets, and the public sector. Clients rely on CoreLogic to identify and manage growth opportunities, improve performance, and mitigate risk.NOTE: The building material, labor, and other cost information in this bulletin is generated using research, sources, and methods current as of the date of this bulletin and is intended only to provide an estimated average of reconstruction cost trends in the specified general geographic regions of the United States. This cost information may vary further when adjusting claim values for specific property locations or specific business conditions.
Winter 2024: Updates on Washington and Lee University's Construction Projects
2024-12-12
December 12, 2024 by Brian Laubscher. This slideshow requires JavaScript. Major construction projects on the Washington and Lee University campus are steadily advancing in accordance with the approved campus master plan. Below, we provide an update on the progress of various projects.

Witness the Thriving Construction on Washington and Lee University's Campus

Dining Venue Renovations – John W. Elrod Commons

In October 2023, the renovations to the Elrod Commons dining facilities commenced and were successfully completed in August 2024. This transformation has completely reshaped the dining experiences at both venues. The first phase, which focused on extensive renovations and updates to Café 77 and Marketplace food service areas, was finished in August 2023. Subsequently, in August 2024, the second phase was completed. This phase involved expanding the Marketplace dining room and creating additional outdoor terrace seating for Café 77. The attention to detail and the quality of the renovations have enhanced the overall dining atmosphere on campus.The changes have not only improved the physical spaces but have also led to an improved flow of service and a more inviting environment for students and staff. The new layouts and amenities have received positive feedback from the university community, making dining at Elrod Commons an even more enjoyable experience.

Wilson Field

During Summer 2024, Wilson Field underwent significant updates to its playing and track surfaces. The work was completed in mid-September, ensuring that the field is now in top condition for various sports activities. The improvements have enhanced the performance and safety of the field, providing athletes with a better playing environment.These updates have been crucial for the university's sports programs, allowing teams to train and compete at a higher level. The attention to detail in the surface renovations has also contributed to the overall aesthetic appeal of the field, adding to the campus's charm.

New Williams School Building

The construction of the new Williams School of Commerce, Economics, and Politics building is progressing as scheduled. Since the last update in August, the exterior of the building has taken on a distinct shape and is nearing completion. The installation of exterior brick and finishing materials, as well as the exterior windows, is in full swing. The roof is almost finished, and permanent electricity will be introduced in January 2025.As the exterior construction nears its conclusion, the interior build-out is also making significant progress. The start of interior finishes and the integration of the building's mechanical and electrical systems are ongoing. The stairways have been completed, and the elevator installation will follow in the next month. This comprehensive approach to construction ensures that the new Williams School will be a state-of-the-art facility upon its completion.

Lindley Center for Student Wellness

The Lindley Center construction is on track for a Fall 2025 opening. It has caught up to the same production timeline as the new Williams School building. After the installation of structural steel in September, the Lindley Center structure has quickly taken shape. The exterior brick cladding has begun, and all windows have been installed. The interior framing is complete, and the installation of mechanical and electrical systems is ongoing.In the coming months, drywall will be introduced, further shaping the facility. The Lindley Center is set to become a vital hub for student wellness, providing a range of facilities and services to support the physical and mental health of students.

Washburn (Lower) Tennis Courts

Starting in Summer 2025, the university will begin improving the Washburn Tennis Courts, which are located directly beneath the University Footbridge. The courts will be taken down to grade and reconstructed with a new playing surface. The renovated surface will convert additional courts from singles-only to doubles and will include markings to accommodate pickleball.This renovation project will enhance the tennis facilities on campus, providing students and staff with more opportunities for recreational activities. The addition of pickleball courts will also attract a wider range of users and contribute to the overall fitness and well-being of the university community.

Special Collections

The Special Collections area of the University Library, including the archives reading room and staff working spaces, is scheduled for renovation starting in Spring 2025. The renovation is pending approval from the Board of Trustees in February. Once approved, these spaces will be temporarily closed until September 2025.The renovation of the Special Collections area is an important step in preserving and enhancing the university's historical and cultural resources. The detailed planning and execution of this project will ensure that the collections are well-protected and accessible for future generations.For continuous updates on the university's capital projects, please visit the Capital Projects update page on the University Facilities website.
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Highway 101 Construction Closures: Dec 8 - 21 Details
2024-12-12
Construction crews are currently engaged in the crucial task of grinding pavement in the Padaro segment of the Highway 101 project. This is being done to achieve the final smoothness and optimal traction on the highway, as reported in an SBRoads construction update sent out on Monday. The importance of these efforts cannot be overstated, as they directly impact the safety and driving experience of commuters.

Key Information for Drivers

Drivers need to be well-informed about the construction zones and associated speed limits. It is crucial to remember that the speed limit in construction zones is 55 mph. Additionally, the listed closures are non-consecutive, which means that drivers may encounter varying traffic conditions depending on the specific time and day.

Northbound Side Closures

On the northbound side of Highway 101, there are specific closures during certain time periods. Between 8 p.m. and 5 a.m. on Sunday nights, one lane between Santa Monica Road and Hermosillo Drive, along with the on- and off-ramps at North Padaro Lane and South Padaro Lane, is closed. Similarly, on Monday to Thursday nights, from 6 p.m. to 5 a.m., these same areas are closed. This allows crews to work on the pavement without disrupting traffic during the day.During the day, from 9:30 a.m. to 3:30 p.m. on Tuesday through Thursday, one lane between Santa Claus Lane and Ortega Hill Road, along with the on- and off-ramps at Santa Claus Lane, Padaro Lane, Lillie Avenue, and Ortega Hill Road, is closed. This is to enable crews to finish striping on the new northbound lanes.

Southbound Side Closures

On the southbound side, between 8 p.m. and 7 a.m. on Sunday nights, one lane between Cabrillo Boulevard and Carpinteria Avenue, along with the off- and on-ramps at North Padaro Lane, the off-ramp at South Padaro, and the on-ramp at Santa Claus Lane, is closed. From Monday to Thursday nights, between 7 p.m. and 7 a.m., these same areas are also closed. These closures are necessary to ensure the smooth progress of the construction work.

Via Real Repaving Project

The stretch of Via Real between Cravens Lane and the Motel 6 will be undergoing repaving and restriping between December 13 and January 3. This work will take place on weekdays from 9 a.m. to 5 p.m. Traffic delays can be expected during this period, and the city of Carpinteria has suggested Foothill Road/State Route 192 as alternate routes. This project is an important part of the overall infrastructure improvement efforts in the area.For more information on the Highway closures, visit sbroads.com. For more information on the Via Real project, visit carpinteriaca.gov/repaving-via-real-to-begin-this-week.
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