The rates shown herein were derived from the rental rate blue book for construction equipment. The blue book equipment rental rate guide is published annually by the bc road builders and heavy construction association, in partnership with the. Blue book bc road builders and heavy construction association. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. 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. Oct 28, 2011 price guide for 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.
Higher hourly cost compensation for heavy equipment used in. 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. 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. Construction equipment rentals daily, weekly, monthly rates. Rental rate blue book for construction equipment, 4. The models shown should be considered typical and their. Equipment rental rates and labor surcharge caltrans. 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. 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. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. 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. These rates are derived from cost formulas and factors developed from field research and from analytic methods used in the construction industry.
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. We recognize that time is money for owner, contractor, and the public. May 15, 2017 construction equipment ownership and operating expense schedule table of contents. The use of privately owned equipment is to be approved on a casebycase basis by the. All other provisions of the agreement remain in place. Choose from 4hour minimum charge, 1 day, 1 week, or 4 week rental time periods. Equipmentwatch expands rental rate blue book, internal. For the hourly and nonmetered equipment, the standard rate may be derived from the rental.
Used equipment prices equipment blue book equipmentwatch. Determination of construction equipment rental rates in force. 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. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates txt frequently asked questions. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. This reduced rate is intended to cover the contractors ownership costs less major overhaul and. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. The developer of the blue book accumulates all contractor costs for owning a piece of equipment for an entire year. 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. 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 products the update. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc.
The division of construction is a results driven engineering organization that prides itself on timely project completion. Best sites about equipment rental rates blue book 2019. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Equipment rental rates for contractor owned equipment. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Paul, mn 551551800 6512963000 tollfree 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. It remains the states responsibility to determine what are reasonable, fair and eligible equipment rental rates for contractor owned equipment. This is the standard fhwa recommended reference for rental rate calculations. These costs are then prorated over the months that the equipment is normally expected to work. States may adopt the blue book or other industry rate guides that have been modified to exclude cost allowances which are ineligible for federal reimbursement. A formula for construction equipment cost recovery for. Equipment manager ownership, operating costs rental. Instantly access the rental rate blue book reimbursement rates. Access targeted project opportunities with the bidscope project manager.
Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. The objectives of the research program were as follows. Quick reference guide equipment rental rates from blue book. 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. Rentals fader equipment equipment rentals, sales, and service. This guide is provided for reference purposes only to assist in determining the appropriate ratings listed in section 127. Each rate covers all costs eligible under the robert t. For items not referenced in the rental rate guide, odot contract rates were applied as well as the latest federal emergency management agency equipment rates. They represent the average prevailing at the state of new york at the time data was collected. Customers now have access to both nationally benchmarked and usercustomized charge rates for nearly all types of.
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. Miscellaneous equipment rental rates are updated daily. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. Rental rates can also be treated as reimbursement costs for contractorowned equipment. 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. 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. The contractor should not be charging you rental rates out of the blue book. Equipment rental rates contract administration construction. This reduced rate is intended to cover the contractors ownership costs less major. Jul 12, 2019 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.
Construction equipment rates contract pricing including. These rates were computed by using 2016 actual expenses of county road commissions, plus a. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. Direct repair, indirect repair and storage, operating and depreciation. Nonbuilding construction 452 utilities 392 retail store 309 nonresidential building 239 road highway 238 school college university. 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. The blue books for construction equipment 2008 for. Fader equipment offers rental rates designed to fit the job. The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. Volume 3, for equipment 11 to 20 years old dataquest.
The fhwa rate is an hourly rate based on monthly rental rate blue book data. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates txt frequently asked. 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. Please take the necessary steps to assure that predetermined equipment usage rental rates used by the shas within your region comply with federal cost principles. Stafford disaster relief and emergency assistance act, 42 u. Rental rate blue book cost recovery equipmentwatch. However, rates prevailing in other states can be found by applying the corresponding area modification factor.
Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. The standard reference for rental rates on all classes of construction and equipment, volume 1 equipmentwatch, 2005 construction equipment. 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. 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. Bidscope is the blue book networks powerful project search engine that allows you to connect to the companies and the people behind the projects.
Construction equipment rental rates vary widely according to fac tors such as type and. The contractor will be paid the rental rates, as modified herein, set forth in the rental. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Sep, 2012 some equipment is depreciated on an operating hours basis, for example. Rates listed in the rental rate blue book are intended as a. Commercial contractors equipment the blue book building. Equipmentwatch adds pickup trucks to rental rate blue book. Equipment costs monthly equipment rate table cost per. Best sites about blue book rental rates construction equipment. The blue book for costplus, force account, and ownership and operating cost reimbursement. Chief, construction and maintenance division office of highway operations. Thus, federalaid participation shall be limited to either the monthly rates set forth in the approved rental guides or to hourly rates obtained by dividing the monthly rate by 176.
Determination of construction equipment rental rates in. To evaluate the cost components involved in the cal culation of construction equipment rental rates. Some equipment is depreciated on an operating hours basis, for example. 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. Equipmentwatch expands rental rate blue book, internal charge. 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. 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. Add tags for rental rate blue book for construction equipment. 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.