These rates were computed by using 2016 actual expenses of county road commissions, plus a. Operating rate depreciation rate motor pool only replacement rate mile or hour rate monthly depreciation mini pass. All rental charges are to be paid in full prior to the start of the rental. Rental rate blue book for construction equipment rental rate blue book. Vdot no longer develops equipment rental rates for the commonwealth. 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. 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. The newest and fastestgrowing online venue for buying and selling a wide variety of products and services. Get the best deals on boom lift rentals in white stone, virginia. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. The arhca equipment rental rates guide provides users with up to date, accurate information on equipment rental rates. The equipment rental rates are available online through the subscription mdt has purchased from prism. Choose from a variety of brand name excavators that ensure safe and efficient completion of any construction project.
While owners and renters should feel free to negotiate rates, the guide is designed to provide a fair market value for equipment rental. Follow guidance provided in the nleb section of the construction manual. A majority of states do not allow the use of premium rates on equipment rentals. Method for determining equipment rental rates for the state. Rent starts when the equipment leaves our shop and ends when it is returned or called off rent. Local assistance division business virginia department of.
The guide is intended by the publisher to serve as a complete source of rental rates. Equipmentwatch expands data on rates and charges rental. Construction equipment rentals search and book online. Look to us for the largest construction equipment rental fleet in the world. These rates are derived from cost formulas and factors. For items not referenced in the rental rate guide, odot contract rates were. Oct 28, 2011 the 2008 edition of the blue book for construction equipment most major makes and models has over 1,000 pages of prices, values and specifications.
Double shift operations will result in charges of 1. Rent1 has a range of excavators available to help with whatever project you have. Please contact one of our sales representatives for product availability and our competitive rental rates. If he is using owned equipment that has been fully depreciated on the company books, then you should negotiate a nominal but reasonable price for using the equipment plus operating costs. The fdot currently uses two methods to establish reimbursement of equipment costs. 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. We also specialize in renting small equipment and tools for small jobs and home owners. 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. Set the hourly rental rate to bring in the final amount over five years. Rental rates for heavy construction equipment rental rates for off road articulated trucks, excavators, long reach excavators, excavators with hammers, excavators with shears, dozers, crawler loaders, wheel loaders and tool carriers, soil compactors, backhoes, dumpers, rough terrain cranes, hydraulic truck cranes, lattice boom crawler cranes. Rates for the rental of equipment owned by the fund shall be set to cover all costs of maintenance and repair, material and supplies consumed in operating or maintaining the equipment, and the future replacement thereof. As in you want to start a business renting equipment and you want to figure out how much to charge. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Rates listed in the rental rate blue book are intended as a.
Rental rates are based on an 8 hour day, 40 hour week, and 176 hour month. Construction equipment rates contract pricing including cas. Used equipment prices equipment blue book equipmentwatch. These guidelines would serve as the basis for the development of an analytical model that would determine equipment rental rates according to ownership costs, operation and maintenance costs, operating hours, equipment overhead, and profit. The blue book for costplus, force account, and ownership and operating cost reimbursement. If localities have not developed their own rates, we recommend using of the following. When equipment is rented on an operated basis, the operators wages will be added to the rental cost. The standard reference for rental rates on all classes of heavy construction equipment. Equipment rental rates and labor surcharge caltrans.
Rental rate blue book equipment cost recovery equipmentwatch. Construction equipment rentals search and book online dozr. The contractor should not be charging you rental rates out of the blue book. The office of equipment management calculates standard equipment rates for the ohio department of transportation odot. Penn, we bring more than 80 years of experience to heavy duty equipment rentals. The current stats and trends certainly point towards a booming equipment rental market and the entry of new players in dro. This is the standard fhwa recommended reference for rental rate calculations. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Rental rate blue book cost recovery equipmentwatch. Jun 29, 2004 our 40 years of experience in bringing customers valuable information in such industry standards as rental rate blue book ownership and operating costs, and green guides equipment valuation. Crown publications online catalogue equipment rental rate guide.
The rental rates stated in this schedule are hourly rates unless indicated otherwise. Rental rates can also be treated as reimbursement costs for contractorowned equipment. If a rental rate blue book for construction equipment vendor has an availability request, fill. As well, we deliver competitive heavy equipment rental rates alongside the power and performance of cat machinery for any job. We are the premier, independently owned heavy equipment rental company carrying all construction and landscaping equipment from backhoes, excavators, dozers and more. Quick reference guide equipment rental rates from blue book. Determination of construction equipment rental rates in force. Determination of construction equipment rental rates in. The blue books for construction equipment 2008 for. Cat rental store has the right rental equipment for every job. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only.
Equipment rental rates effective from 04012019 through 03312020 csv. Our headquarters is in las vegas and we service all of nevada, utah, and idaho. Effective january 1, 2018 through december 31, 2018. Get the best deals on boom lift rentals in woodford, virginia. Enjoy guaranteed lowest rates on all excavator rentals today were the number one rated heavy equipment rental company because we rent reliable earth moving machines at the most competitive rates. The associated equipment distributors aed rental rate and specifications book may be used to evaluate the contractors proposed costs for such equipment. During that time period rentals for compact truck loaders shot up 925%, wheel loader rentals skyrocketed 273%, and forklift rentals jumped 90%.
Direct repair, indirect repair and storage, operating and depreciation. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. Heavy equipment for rent philippines vigattin trade. Can a construction equipment purchase really beat the cost to. Rates for equipment sizes not shown will be interpolated. From compact track loader to aerial work platform rentals, research prices and reserve heavy equipment. Well as with all things there are 2 ways to price a product. Labor costs of operator are not included in the rates and should be approved separately from equipment costs.
The equipment rental rates are updated twice a year. By leasing heavy machinery from cats global dealer network, which has 1,600 locations, you get the benefit of having a large inventory of equipment with specialized toplevel backup. 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 equipment rental rate guide is published annually by the bc road builders and heavy construction association, in partnership with the. Blue diamond machinery las vegas heavy equipment rentals. 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. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. Browse our nebraska heavy equipment rental locations by city. Instantly access the rental rate blue book reimbursement rates. The analysis of data gathered led to the recommendation that the state of florida develop its own statewide rental rates guide by establishing the necessary policies and guidelines to create a standard, equitable and realistic method of compensation for the use of equipment when contract prices are not applicable. Equipment rental rate schedule are based on green book costs for new equipment, and are not depreciated.
Search for rental rate blue book for construction equipment vendor from the menu selections of the home page 3. What areas of my equipment rental business should i focus on. Porter rents has over 700 new and used rental construction equipment machines, ready to go to work on your project. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins.
Cdot erosion control and storm water quality guide and pocket book, 6. Commercial large rental yard companies that provide az construction rental equipment such as air compressors, generators, mobile scissor lifts, portable floodlights, scaffoldingshoring, temporary climate control equipment, welding equipment, etc. Computation sheets for items not computed in pay record books. 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.
We provide heavy equipment rentals and industrial equipment rentals covering just about anything you can think of. Equipment rental rates contract administration construction. We know our inventory inside and out, providing you with a customerfocused experience based on honesty, integrity and excellence. Multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. Located conveniently across western canada, our machines are serviced and ready to meet your rental equipment needs. Rental construction equipment porter group usa heavy. For smaller equipment and tools, changes in list price were the most significant, while for larger equipment types, comparisons to third party rental rates, and first.
Equipment rental rates schedule c report 375 effective january 1, 2017 through december 31, 2017 hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Search or browse our list of heavy construction equipment rental and leasing companies in michigan by category or location. 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. Established in 1999, porter rents has quickly grown to become the premier independent heavy equipment rental company with. York state office of general services heavy equipment rental standby contract or the current rental rate blue book for construction equipment by. Apr 15, 2016 i agree there is a point where the cost of rental justifies a purchase, but only if the equipment in question is being used at a 65% utilization rate. State fleet services rental rates april 1, 2020 description group no.
Wt equipment heavy equipment rentals in bend oregon. Each district has one computer that can access the equipment rental rates. Call each rental rate blue book for construction equipment and ask those difficult questions. Headquarters has the rates available both online and in the hard copy manuals. Long established new and used forklift truck hire business ref. Rental rate blue book for construction equipment, 4. The blue book as well as several other industry rite guides have developed premium rates for periods of equipment use less than the standard 176 hours per month. The use of privately owned equipment is to be approved on a casebycase basis by the. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. In a survey of over 70,000 business owners, ceos, managers, and procurement professionals between 2011 and 2014, found that heavy equipment rentals are increasing across the nation. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period. With the largest fleet in the industry and over 1,000 locations across north america, we are your single source to rent or buy heavy equipment. Add tags for rental rate blue book for construction equipment.
This is the standard fhwa recommended reference for. These rates vary widely, depending on factors such as type and age of equipment, capacity, operating costs, availability, and the geographic and climatic conditions at the jobsite. Nebraska heavy equipment rental locations bigrentz. You must have established an account or a deposit will be required. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. A good estimate is to keep the machine rented out 200 hours per week, or 800 hours per month, which permits weekends to be excluded. 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. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Jan 17, 2015 running an online equipment rental marketplace is one of the most profitable forms of business in the sharing economy today. The rates are calculated using current albertabased data. A formula for construction equipment cost recovery for. Equipmentwatch, a leading provider of 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 more than 22,000 models, a new record for the equipmentwatch cost products.
Arhca releases updated equipment rental rates guide rma. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. We are a family run business which focuses on customer service. Many factors were considered in updating these rates. Sep, 2012 some equipment is depreciated on an operating hours basis, for example. Best sites about equipment rental rates blue book 2019. 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. This guide is provided for reference purposes only to assist in determining the appropriate ratings listed in section 127. Heavy construction equipment rental and leasing companies in. It is the intent of the procedures established by this section of the manual that all computations concerning pay items should be made in the pay record book in which the measurements were recorded. These rates are utilized internally at odot and are viewed and. Heavy equipment rental businesses for sale, 22 available.