How is this rate different than the rental rate blue book aka cost guide. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Past records show that depending on the manual used, the rental cost for the same piece of 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. And we are absolutely committed to providing courteous and prompt customer service. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. The developer of the blue book accumulates all contractor costs for owning a piece of equipment for an entire year. York state office of general services heavy equipment rental standby contract or the current rental rate blue book for construction equipment by.
Instantly access the rental rate blue book reimbursement rates. Equipment rental rates and labor surcharge caltrans. These costs are then prorated over the months that the equipment is normally expected to work. According to equipment watch, the publisher of the rental rate blue book, 47 state dots and numerous municipalities specify the use of the blue book for pricing significant costs. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Available in hard copy and digitally, the blue book reaches out to. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. You must have established an account or a deposit will be required. The principle of equipment rental rate guides for contractor owned equipment is that they should fairly. Quick reference guide equipment rental rates from blue book. Most dots use rental rate manuals to determine equipment reimbursement.
Greenbook committee of public works standards, inc. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Primedia announces complete new suite of electronic. The eptda blue book is a reference guide in the ptmc industry, a powerful business card for all companies featured therein. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Direct repair, indirect repair and storage, operating and depreciation. Download the resource guide for more information on webinars, seminars, events and selfstudy courses or contact your regional manager at 6305740650. Determination of construction equipment rental rates in. This is the standard fhwa recommended reference for rental rate calculations. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. Our knowledgeable staff looks for the best information for the construction professional, as well as the doityourselfer. Construction ownership, operating costs rental rate.
This is useful information when estimating the time and material requirements of any particular operation in order to establish a unit or total cost. 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. Equipment rental rates contract administration construction. Equipmentwatch, a provider of ownership and operating cost data, announces the introduction of lightduty truck models to its rental rate blue book and internal charge rate. Best sites about equipment rental rates blue book 2019. The florida green building coalition fgbc has been the driving force in a widespread effort to generate awareness and credibility of green building in the state. The nonprofit corporation, founded in 2000, is dedicated to improving floridas. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day.
Read, highlight, and take notes, across web, tablet, and phone. Volume 3, for equipment 11 to 20 years old dataquest. All other provisions of the agreement remain in place. Best sites about blue book rental rates construction equipment. Rental rate blue book for construction equipment, 4. Used equipment prices equipment blue book equipmentwatch. For items not referenced in the rental rate guide, odot contract rates were. Overtime charges will be prorated at 18 of the daily rate. Stafford disaster relief and emergency assistance act, 42 u. 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. Equipmentwatch adds pickup trucks to rental rate blue book. 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 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. This online tool is valuable for determining and verifying hourly operating and ownership cost rates for contractor owned equipment. The deciding issue for me to vote for the fhwa is simplicity. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. The use of privately owned equipment is to be approved on a casebycase basis by the.
Books are no longer available in hard copy and should be downloaded. Associated equipment distributors the association of. Access uptodate average advertised rental rates sourced from over 500 rental companies across the united states and canada. 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. Rental rate blue book equipment cost recovery equipmentwatch. This reduced rate is intended to cover the contractors ownership costs less major overhaul and. Equipment costs include not only rental, but also operating costs for equipment under normal use.
The old saying that time is money is perhaps no truer anywhere than in the construction industry. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. 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. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. This guide is provided for reference purposes only to assist in determining the appropriate ratings listed in section 127.
The standard reference for rental rates on all classes of construction and. Check out these other powerful equipmentwatch features. The retail rental rate is the average advertised rate charged by rental houses. Rental costs equipment rental rates are obtained from the. Equipmentwatch launches aed green book online edition new online database of construction equipment rental rates offers powerful, interactive features. This is the standard fhwa recommended reference for. Miscellaneous equipment rental rates are updated daily and available on the internet at. The blue book for costplus, force account, and ownership and operating cost reimbursement. This same committee also does the same for the standard plans for public works construction and. 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. 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. Rates shown in the emergency equipment rental rate schedule are based on green book costs for new equipment, and are not depreciated. Get an indepth look at what the associated equipment distributors offers by viewing our 2020 resource guide.
Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Slabsongrade, massive feed pads and industrial floors might look like simple concrete systems to most, but for dylan milis, these vital pieces of infrastruct. Primedia announces complete new suite of electronic products for construction industry. The rates in this guide are intended as guidelines paralleling amounts an equipment owner should charge during rental or contractual periods to recover equipment related costs on a singleshift 8hour basis. Equipmentwatch launches aed green book online edition. Rental rate blue book cost recovery equipmentwatch.
Determination of construction equipment rental rates in force. 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. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Cdot erosion control and storm water quality guide and pocket book, 6. 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. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Construction equipment rental rates vary widely according to fac tors such as type and. Each rate covers all costs eligible under the robert t. 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. 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 rental rate blue book rate is the total cost of using your own equipment and broken out by hourly, daily, weekly, and monthly. The standard reference for rental rates on all classes of construction and equipment, volume 1. Equipment rental rates federal highway administration. The greenbook committee is an administrative committee of pwsi responsible for producing a new edition every three years and a supplement in each intervening year, promoting the publication, as well as evaluating additions, deletions and revisions. Build relationships and leverage tech to win more work. Access uptodate average advertised rental rates sourced from over 200 rental companies. Workforce development an industry top priority get involved participate in an active aed local group work with local colleges.
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