Construction equipment rental rates vary widely according to fac tors such as type and. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. The standard reference for rental rates on all classes of construction and equipment, volume 1 equipmentwatch, 2005 construction equipment. 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. Understand your costs clearly understand how hourly rates are allocated across an assets ownership and operating costs to better manage your equipment lifecycle. However, rates prevailing in other states can be found by applying the corresponding area modification factor. Development of blue book equipment rental rates the developer of the blue book accumulates all contractor costs for owning a piece of equipment for an entire year. Construction memorandum 0809 force account billing. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Blue book rental rate blue book for construction equipment published by equipment watch, a premedia business directories and book group. Access targeted project opportunities with the bidscope project manager.
The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. The blue books for construction equipment 2008 for. Primedias rental rate bluebook software and downloads. Sunbelt rentals has more than 550,000 pieces of equipment and tools, setting the standard in our industry. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. 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.
The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. Communicate and collaborate with blue book network subcontractors today. Higher hourly cost compensation for heavy equipment used in. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. The name of the program executable file is bluebook. Determination of construction equipment rental rates in force. Equipment rental rates for contractor owned equipment. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Rental rate blue book for construction equipment, 4. Rental rate blue book for construction equipment rental rate blue book.
Contractors equipment companies servicing redmond, wa change location. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. May 15, 2017 construction equipment ownership and operating expense schedule table of contents. Equipment rental rates and labor surcharge caltrans. 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. Each rate covers all costs eligible under the robert t. Construction equipment rental rates rep resent a considerable portion of the costs incurred by contractors when they submit claims for force account work to dots. With our nationwide network of locations, we are your onestop source for all equipment needs. Past records show that depending on the manual used, the rental cost for the same piece of equipment. All other provisions of the agreement remain in place. Whether you are interested in construction equipment rentals for a day, a week, or even a month, eagles vast inventory of rental equipment will meet your temporary needs. 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.
Miscellaneous equipment rental rate information caltrans. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. Rental costs equipment rental rates are obtained from the. These costs are then prorated over the months that the equipment is normally expected to work. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period. In the late 1970s, the tandy center shopping mall in downtown fort worth, texas, was booming. Cdot erosion control and storm water quality guide and pocket book, 6.
Rate blue book for construction equipment which is published by the. 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. Introduction to cost recovery rental rate blue book the rental rate blue book is a comprehensive guide to cost recovery for construction equipment. This is useful information when estimating the time and material requirements of any particular operation in order to establish a unit or total cost. Chief, construction and maintenance division office of highway operations. Determination of construction equipment rental rates in. 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 use of privately owned equipment is to be approved on a casebycase basis by the. 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. Quick reference guide equipment rental rates from blue book. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. Associated equipment distributors aed is an international trade association representing companies involved in the distribution, rental and support of equipment used in construction, mining, forestry, power generation, agriculture and industrial applications. A formula for construction equipment cost recovery for.
Best sites about blue book rental rates construction equipment. 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. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. Equipment costs include not only rental, but also operating costs for equipment under normal use. Equipment costs monthly equipment rate table cost per. These rates are derived from cost formulas and factors.
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. Best sites about equipment rental rates blue book 2019. The hustle and bustle of shoppers, the sounds of metal blades scr. They represent the average prevailing at the state of new york at the time data was collected. 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.
Sep, 2012 some equipment is depreciated on an operating hours basis, for example. Stafford disaster relief and emergency assistance act, 42 u. This is the standard fhwa recommended reference for. Associated equipment distributors the association of. These rates were computed by using 2017 actual expenses of county road commissions, plus a.
Construction equipment are you a facility or property manager. The contractor will be paid the rental rates, as modified herein, set forth in the rental. Construction equipment rates contract pricing including cas. Direct repair, indirect repair and storage, operating and depreciation. Used equipment prices equipment blue book equipmentwatch. Photo production, casting, location agency, set construction, video production. Check out our buyers guide built specifically for your needs.
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 blue book equipment rental rate guide is published annually by the bc road builders and heavy construction association, in partnership with the. Bidscope is the blue book network s powerful project search engine that allows you to connect to the companies and the people behind the projects. Most dots use rental rate manuals to determine equipment reimbursement. Multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. 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. York state office of general services heavy equipment rental standby contract or the current rental rate blue book for construction equipment by. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. 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. 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 blue book for costplus, force account, and ownership and operating cost reimbursement. Equipment rental rates contract administration construction.
Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. With the united rentals mobile app, you can request a pickup in seconds, find out the location of your equipment as well as browse and rent from the worlds largest inventory 247. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. 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. 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. A legacy of purpose, passion and playing it straight if you are reading this, you probably have benefited in some way by jims desire. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates txt frequently asked questions. Minnesota department of transportation road and travel information, construction projects, regional offices, bid letting, future highway plans, hot topics, jobs, library, map sales, news, public meetings, research and related links. 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.
Construction equipment rentals daily, weekly, monthly rates. Rental rate blue book equipment cost recovery equipmentwatch. With its intuitive design, the new app makes it easier than ever to run a smooth and efficient worksite all from your phone. Instantly access the rental rate blue book reimbursement rates. The most popular version of this product among our users is unknown. Commercial contractors equipment the blue book building. Blue book bc road builders and heavy construction association. 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. The standard reference for rental rates on all classes of heavy construction equipment. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. 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. Change order or contract change order a written order signed by the engineer, issued with or without the consent of the contractor, directing changes.