There are also other possible adjustments for severity of the conditions, actual purchase prices, etc. Equipmentwatch adds pickup trucks to rental rate blue book. Equipmentwatch expands rental rate blue book, internal. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. 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. The contractor will be paid the rental rates, as modified herein, set forth in the rental. Equipmentwatch, the leader in data, software and insights for the heavy equipment industry, has expanded its rental rate blue book and. The objectives of the research program were as follows. Access targeted project opportunities with the bidscope project manager. Construction equipment rates contract pricing including. 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. Equipment rental rates for contractor owned equipment.
Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. These rates were computed by using 2016 actual expenses of county road commissions, plus a. Direct repair, indirect repair and storage, operating and depreciation. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. 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.
Construction equipment rates contract pricing including cas. These rates were computed by using 2017 actual expenses of county road commissions, plus a. The blue book for costplus, force account, and ownership and operating cost reimbursement. For the latest information regarding the novel coronavirus covid19 please visit the california coronavirus covid19 response page. All other provisions of the agreement remain in place. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Force account the force account agreement specifies the labor rates, material costs, and equipment rates to be used. 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. Equipmentwatch expands rental rate blue book, internal charge. These costs are then prorated over the months that the equipment is normally expected to work. Rental rates can also be treated as reimbursement costs for contractorowned. These rates are derived from cost formulas and data developed by equipmentwatch and from analytic methods used in the construction industry.
Industry source of regional, categorized construction information and is available in print and online. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. 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. Each rate covers all costs eligible under the robert t. 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.
Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. The fdot currently uses two methods to establish reimbursement of equipment costs. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Force account work is not a preferred option due to the increased level of monitoring required. It is suitable in cases when an agreement cannot be reached regarding the scope of work and the amount of payment. Add tags for rental rate blue book for construction equipment. The use of privately owned equipment is to be approved on a casebycase basis by the. The rates shown herein were derived from the rental rate blue book for construction equipment. You must have established an account or a deposit will be required.
Rental rate blue book for construction equipment, 4. 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. 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. 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.
Instantly access the rental rate blue book reimbursement rates. The blue book equipment rental rate guide is published annually by the bc road builders and heavy construction association, in partnership with the. Cdot erosion control and storm water quality guide and pocket book, 6. Determination of construction equipment rental rates in force. The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. Head, estimating section contract management office ontario ministry of transportation garden city tower, 2nd floor 301 st. Search the blue book online and you will find over 800,000 company listings. Rental rate blue book equipment cost recovery equipmentwatch. The developer of the blue book accumulates all contractor costs for owning a piece of equipment for an entire year. Stafford disaster relief and emergency assistance act, 42 u. Rate blue book for construction equipment which is published by the.
Equipment rental rates contract administration construction. Over recent years, the blue book has become a standard for determining equipment rental rates across the industry, and it is used by private contractors, large corporations and the government. Platform height 60 ft to 30 articulated, telescoping, scissor. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. The results gives a contractors cost of owning the equipment for a month established. Customers now have access to both nationally benchmarked and usercustomized charge rates for nearly all types of. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. They represent the average prevailing at the state of new york at the time data was collected.
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. This is the standard fhwa recommended reference for rental rate calculations. Equipment rental rates and labor surcharge caltrans. 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. 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 cos. This reduced rate is intended to cover the contractors ownership costs less major. 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 use of privately owned equipment is to be approved on a casebycase basis by. Blue book bc road builders and heavy construction association. The models shown should be considered typical and their.
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. Determination of construction equipment rental rates in. Quick reference guide equipment rental rates from blue book. 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. For items not referenced in the rental rate guide, odot contract rates were applied as well. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Miscellaneous equipment rental rate information caltrans. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. The developer of the blue book accumulates all contractor costs for owning a piece of equipment for an. 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. 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. If it has any similarities to the usace construction equipment ownership and operating expense schedule ep 111018, there is an adjustment for depreciated equipment. The standard reference for rental rates on all classes of construction and equipment, volume 1 equipmentwatch, 2005. The mainedot committee is composed of veteran mainedot maintenance engineers and state aid construction supervisors who are responsible for.
Over recent years, the blue book has become a standard for determining equipment rental rates across the industry, and it is used by private contractors, large. Blue book rental rate blue book for construction equipment published by equipment watch, a premedia business directories and book group. To evaluate the cost components involved in the cal culation of construction equipment rental rates. Platform height 37 ft to 15 articulated, telescoping, scissor. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Paul, mn 551551800 6512963000 tollfree 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. Sep, 2012 are you referring to the rental rate blue book. Rental rate blue book cost recovery equipmentwatch.
These rates are derived from cost formulas and factors. 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. Volume 3, for equipment 11 to 20 years old dataquest. Best sites about blue book rental rates 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. Blue book equipment rental rate guide, which shows the true costs of operating construction equipment in b. However, rates prevailing in other states can be found by applying the corresponding area modification factor. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Associated equipment distributors the association of. Best sites about equipment rental rates blue book 2019. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8490 aerial lift, selfpropelled max. For items not referenced in the rental rate guide, odot contract rates were. Rates listed in the rental rate blue book are intended as a.
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