Construction equipment rental rates vary widely according to fac tors such as type and. Equipment costs monthly equipment rate table cost per. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. Monthly equipment rate table cost per month 1 basis 1 basis 2 basis 3 basis 4 basis 5 copper flat fa bulldozers d6t 7,000cat d6k2xl dozer. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. Equipmentwatch expands data on rates and charges rental. Rental rate blue book equipment cost recovery equipmentwatch. To clear it up a bit, what im looking for is a price list as to what a contractor would charge a customer for force account work and the like. Used heavy construction equipment from fsei including cranes, excavators, articulated dumptrucks, bulldozers, compactors, wheel loaders, and rock crushers. Equipment rental rates schedule c report 375 effective january 1, 2018 through december 31, 2018 hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Used heavy construction equipment from fsei cranes. Local assistance division business virginia department.
Construction equipment rates contract pricing including. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. Each rate covers all costs eligible under the robert t. All other provisions of the agreement remain in place. The use of privately owned equipment is to be approved on a casebycase basis by the. This is due to the overestimation of time required for labor and equipment compounded by the standard addons that do not reflect contractor pricing methods. Cdot erosion control and storm water quality guide and pocket book, 6. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Equipment rental rates contract administration construction. Determination of construction equipment rental rates in. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period. Rates listed in the rental rate blue book are intended as a. Equipment types include vibratory smooth drum rollers, padfoot compactors, trench rollers, towbehind compactors, and reversible plate compactors. We offer a range of construction equipment and attachment rental options to choose from, at highly competitive rental rates.
Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. After an unexpected oil embargo hit in the mid1980s, he and. So an example, if you got a guidance book to your side its going to have so this is from the rental rate blue book. Add tags for rental rate blue book for construction equipment. Most dots use rental rate manuals to determine equipment reimbursement. The blue book equipment rental rate guide is published annually by the bc road builders and heavy construction association, in partnership with the provincial ministry of transportation. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. This is the standard fhwa recommended reference for rental rate calculations. Volume 3, for equipment 11 to 20 years old dataquest.
Our 40 years of experience in bringing customers valuable information in such industry standards as rental rate blue book ownership and operating. Stafford disaster relief and emergency assistance act, 42 u. Introduction to cost recovery rental rate blue book the rental rate blue book is a comprehensive guide to cost recovery for construction equipment. I have been looking all evening for a web site, or some other sorce of information on equipment blue book rental rates, to no avail mind you. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. The force account method of making project changes requires inspectors to verify the number of workers, the exact type of equipment, and hours of equipment usage on a daily basis. Equipmentwatch launches new search experience for its web app.
The use of privately owned equipment is to be approved on a casebycase basis by. Read, highlight, and take notes, across web, tablet, and phone. Equipment rental rates federal highway administration. The standard reference for rental rates on all classes of construction and equipment, volume 1. Equipmentwatch, a provider of ownership and operating cost data, announces the introduction of lightduty truck models to its rental rate blue book. Rental rate blue book for construction equipment, 4. Rental rate blue book trademark of informa business. Blue book rental rate blue book for construction equipment published by equipment watch, a premedia business directories and book group. Rental rate blue book cost recovery equipmentwatch. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. Equipmentwatch launches aed green book online edition.
Quick reference guide equipment rental rates from blue book. Its a caterpillar and its got the full data in there, the type of equipment it is. Determination of construction equipment rental rates in force. The rental rates for privately owned equipment are determined by referencing either the new york state office of general services heavy equipment rental standby contract or the current rental rate blue book for construction equipment by primedia, inc. If localities have not developed their own rates, we recommend using of the following. The principle of equipment rental rate guides for contractor owned equipment is. Keeping your rate to 50% to 60% of the rental company rental rate should put you in the ballpark for preparing budgets, etc. Construction equipment guide covers the nation with its four regional newspapers, offering construction and industry news and information along with new and used construction equipment for sale. Privately owned equipment the rental rates for privately owned equipment are determined by referencing either the new york state office of general services heavy equipment rental standby contract or the current rental rate blue book for construction equipment by primedia, inc. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. The rates in this guide are intended as guidelines paralleling amounts an equipment owner should charge during rental or contractual periods to recover equipmentrelated costs on a singleshift 8hour basis.
Based on the above rationale, the fhwa has determined that when the blue book is used to calculate equipment rental costs for periods of less than a month, the most equitable approach is to utilize an hourly rate developed by dividing the blue book monthly equipment rental rate by 176. At some point of utilization, it does not pay to own the equipment. Rates listed in the rental rate blue book are intended as a guide to determine the amount an equipment owner should charge in order to recover equipmentrelated ownership and operating costs. Custom charge rates leveraging contributed customer and equipmentwatch data, a detailed process to create custom internal charge rates. Crown publications online catalogue equipment rental. Used equipment prices equipment blue book equipmentwatch.
Over 30 years ago, john caskey was a chemical engineer working as an oil rig foreman in louisiana. If it has any similarities to the usace construction equipment ownership and operating expense schedule ep 111018, there is an adjustment for depreciated equipment. For items not referenced in the rental rate guide, odot contract rates were. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. Construction plan extra work rates, equipment data. Equipmentwatch adds pickup trucks to rental rate blue book. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. Nysdot equipment rental rate schedule new york state. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. There are also other possible adjustments for severity of the conditions, actual purchase prices, etc.
Rental charges will continue until the unit has been returned and checked in at burris equipment or notice has been given that the equipment is ready to be picked up. This guide will assist you in establishing the rental rate for construction equipment, as obtained from the rental rate blue book, and used to establish rates for force account work. The blue book for costplus, force account, and ownership and operating cost reimbursement. Whether you are trying to locate rental equipment to match your needs or making critical rent vs. Change order or contract change order a written order signed by the engineer, issued with or without the consent of the contractor, directing changes. Primedia announces complete new suite of electronic. Equipmentwatch, a leading provider of data, software and insights for the heavy equipment industry, has expanded its rental rate blue book and internal. Direct repair, indirect repair and storage, operating and depreciation. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Our fleet is available for sale or rent, and backed by expert factorytrained personnel. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. This reduced rate is intended to cover the contractors ownership costs less major overhaul and. Project owners search the commercial construction industrys premier database every day to access over 1 million prequalified vendors in over 560 trades by appearing on page1 search results in your targeted classifications and regions, decisionmakers will have an easier time reading your company story and qualifying you for their projects. Filed in august 31 1972, the rental rate blue book covers handbook of rental rates for construction equipment log in sign up.
1420 1330 437 521 1293 1139 509 646 665 988 1504 386 1390 813 709 909 781 1169 225 26 1386 903 749 328 488 406 357 493 865