Blue book construction equipment rental rates

The arhca equipment rental rates guide provides users with up to date, accurate information on equipment rental rates. The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. 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. Cdot erosion control and storm water quality guide and pocket book, 6. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. 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. The rates are calculated using current albertabased data. 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.

They represent the average prevailing at the state of new york at the time data was collected. Add tags for rental rate blue book for construction equipment. Used equipment prices equipment blue book equipmentwatch. Rental rate blue book cost recovery equipmentwatch. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. The objectives of the research program were as follows. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Rental rate blue book for construction equipment, 4.

Rentals fader equipment equipment rentals, sales, and service. Customers now have access to both nationally benchmarked and usercustomized charge rates for nearly all types of models available in. Best sites about blue book rental rates construction equipment. Arhca releases updated equipment rental rates guide rma rma. Equipmentwatch expands rental rate blue book, internal. All other provisions of the agreement remain in place. 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 equipment related ownership and operating cos.

Determination of construction equipment rental rates in force. Rental rate blue book equipment cost recovery equipmentwatch. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates txt frequently asked questions. Rental rate blue book the blue book for costplus, force account, and ownership and operating cost reimbursement. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. In the late 1970s, the tandy center shopping mall in downtown fort worth, texas, was booming. However, rates prevailing in other states can be found by applying the corresponding area modification factor.

Monthly rental rates vary from 2% to 5% of the purchase price of the equipment depending on the anticipated life of the equipment and its wearing parts. Miscellaneous equipment rental rate information caltrans. The use of privately owned equipment is to be approved on a casebycase basis by the. Since 1981, it has provided heating, ventilation and air conditioning hvac installation and repair for residential, commercial and new construction projects from broward spring2019 both. The blue book for costplus, force account, and ownership and operating cost reimbursement. Choose from 4hour minimum charge, 1 day, 1 week, or 4 week rental time periods. Miscellaneous equipment rental rates are updated daily. Each rate covers all costs eligible under the robert t. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. Stafford disaster relief and emergency assistance act, 42 u.

The blue book has become the standard for determining equipment rental rates across the industry, and it is used by private contractors, large corporations and the government. The standard reference for rental rates on all classes of construction and equipment, volume 1 equipmentwatch, 2005. Equipment rental rates and labor surcharge caltrans. Instantly access the rental rate blue book reimbursement rates. 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. Best sites about equipment rental rates blue book 2019. Equipment rental rates for contractor owned equipment. Paul, mn 551551800 6512963000 tollfree 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. 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 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. Blue book bc road builders and heavy construction association. Equipmentwatch rental rate blue book report a typical equipmentwatch rental rate blue book report for a linkbelt rtc8050 series ii crane is included as an attachment to this memorandum for reference and example purposes. Direct repair, indirect repair and storage, operating and depreciation.

The adoption of contractor owned equipment rental rates must be a state decision as the recognition of an approved rate may also be used in rental rates, construction contracts, force accounts, claim work, litigation, and cost accounting. Equipmentwatch expands rental rate blue book, internal charge. The hustle and bustle of shoppers, the sounds of metal blades scr. Rental rates can also be treated as reimbursement costs for contractorowned equipment. You must have established an account or a deposit will be required. These rates were computed by using 2016 actual expenses of county road commissions, plus a. Multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. To evaluate the cost components involved in the cal culation of construction equipment rental rates. 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. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Blue book equipment rental rate guide, which shows the true costs of operating construction equipment in b. 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 equipment related ownership and operating costs.

This is the standard fhwa recommended reference for. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. A legacy of purpose, passion and playing it straight if you are reading this, you probably have benefited in some way by jims desire. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. The developer of the blue book accumulates all contractor costs for owning a piece of equipment for an entire year. Quick reference guide equipment rental rates from blue book. Jul 17, 2006 multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars.

These costs are then prorated over the months that the equipment is normally expected to work. This reduced rate is intended to cover the contractors ownership costs less major. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Equipmentwatch, the leader in data, software and insights for the heavy equipment industry, has expanded its rental rate blue book and internal charge rate products to include cost data for over 22,000 models, a new record for the equipmentwatch cost products.

The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates txt frequently asked. Fader equipment offers rental rates designed to fit the job. While owners and renters should feel free to negotiate rates, the guide is designed to provide a fair market value for equipment rental. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Determination of construction equipment rental rates in. Arhca releases updated equipment rental rates guide rma. Rentals fader equipment equipment rentals, sales, and. A formula for construction equipment cost recovery for.

1347 377 41 207 776 1021 105 1401 1197 623 512 169 514 403 613 1448 371 526 814 549 1108 1458 1211 354 1122 1279 654 1044 61 257 1059 623 928 971 1277 1059 595 784