Free rental rate blue book for construction equipment

Introduction to cost recovery rental rate blue book the rental rate blue book is a comprehensive guide to cost recovery for construction equipment. If localities have not developed their own rates, we recommend using of the following. Quick reference guide equipment rental rates from blue book. We offer a range of construction equipment and attachment rental options to choose from, at highly competitive rental rates. 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. 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. Direct repair, indirect repair and storage, operating and depreciation. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs.

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. Equipmentwatch expands data on rates and charges rental. For items not referenced in the rental rate guide, odot contract rates were. Equipment costs monthly equipment rate table cost per.

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. Blue book rental rate blue book for construction equipment published by equipment watch, a premedia business directories and book group. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. 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. Change order or contract change order a written order signed by the engineer, issued with or without the consent of the contractor, directing changes. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates.

Local assistance division business virginia department. Custom charge rates leveraging contributed customer and equipmentwatch data, a detailed process to create custom internal charge rates. 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. Rental rate blue book trademark of informa business. 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. Nysdot equipment rental rate schedule new york state. Rental rate blue book cost recovery equipmentwatch. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period.

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. 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. Keeping your rate to 50% to 60% of the rental company rental rate should put you in the ballpark for preparing budgets, etc. The use of privately owned equipment is to be approved on a casebycase basis by. Construction plan extra work rates, equipment data. 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 developer of the blue book accumulates all contractor costs for owning a.

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. The use of privately owned equipment is to be approved on a casebycase basis by the. Past records show that depending on the manual used, the rental cost for the same piece of equipment. Understand your costs clearly understand how hourly rates are allocated across an assets ownership and operating costs to better manage your equipment lifecycle.

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. The principle of equipment rental rate guides for contractor owned equipment is. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. Our 40 years of experience in bringing customers valuable information in such industry standards as rental rate blue book ownership and operating. Volume 3, for equipment 11 to 20 years old dataquest. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. 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. Its a caterpillar and its got the full data in there, the type of equipment it is. Stafford disaster relief and emergency assistance act, 42 u.

This reduced rate is intended to cover the contractors ownership costs less major overhaul and. Filed in august 31 1972, the rental rate blue book covers handbook of rental rates for construction equipment log in sign up. Over 30 years ago, john caskey was a chemical engineer working as an oil rig foreman in louisiana. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars.

At some point of utilization, it does not pay to own the equipment. Equipmentwatch, a leading provider of data, software and insights for the heavy equipment industry, has expanded its rental rate blue book and internal. Vdot no longer develops equipment rental rates for the commonwealth. If it has any similarities to the usace construction equipment ownership and operating expense schedule ep 111018, there is an adjustment for depreciated equipment. Equipment rental rates federal highway administration.

Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. Rental rate blue book equipment cost recovery equipmentwatch. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. After an unexpected oil embargo hit in the mid1980s, he and.

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. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. Read, highlight, and take notes, across web, tablet, and phone. All other provisions of the agreement remain in place. Equipment types include vibratory smooth drum rollers, padfoot compactors, trench rollers, towbehind compactors, and reversible plate compactors. Primedia announces complete new suite of electronic. Add tags for rental rate blue book for construction equipment. Rates listed in the rental rate blue book are intended as a. Best sites about equipment rental rates blue book 2019. Rental rate blue book for construction equipment, 4. Equipment rental rates contract administration construction. Equipmentwatch launches new search experience for its web app.

Construction ownership, operating costs rental rate. Whether you are trying to locate rental equipment to match your needs or making critical rent vs. Construction equipment rates contract pricing including. So this particular equipment here, its hydraulic excavator. Each rate covers all costs eligible under the robert t. Used heavy construction equipment from fsei including cranes, excavators, articulated dumptrucks, bulldozers, compactors, wheel loaders, and rock crushers. Equipmentwatch adds pickup trucks to rental rate blue book. 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.

Our fleet is available for sale or rent, and backed by expert factorytrained personnel. Determination of construction equipment rental rates in force. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Used equipment prices equipment blue book equipmentwatch. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process.

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. 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. Equipmentwatch launches aed green book online edition. There are also other possible adjustments for severity of the conditions, actual purchase prices, etc. This is the standard fhwa recommended reference for rental rate calculations. Construction equipment rental rates vary widely according to fac tors such as type and. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. Used heavy construction equipment from fsei cranes. 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. Crown publications online catalogue equipment rental. Determination of construction equipment rental rates in.