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Methodology - Expert Witness Services from Ed Buckley
To ensure accuracy and objectivity, I utilize Xactimate, a widely recognized estimation software, as a cornerstone of my pricing methodology. Xactimate serves as an independent, third-party tool, offering standardized pricing for a comprehensive range of construction-related items.
Xactimate’s robust database encompasses tens of thousands of line items, covering material and labor costs across a broad spectrum of applications. This system enjoys widespread acceptance, particularly within the insurance and construction industries, where it forms the foundation for estimating costs associated with construction and damage repair. The database is continuously updated on a region-by-region basis nationwide, ensuring that pricing reflects reasonable and customary rates aligned with current, localized market conditions.
In applying Xactimate to your case, I integrate its pricing data with a thorough analysis of site-specific conditions, as evidenced by documentation, conversations, photographs, videos, on-site inspections, and/or other forensic materials. This approach combines my fact-based assessment with independently verifiable, standardized, and contemporary local pricing, resulting in a reliable and defensible valuation that meets the threshold of reasonable and customary standards in your matter.
-Ed Buckley, Expert Witness
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