2015 blue book equipment rental rates

The rental yard rate may include additional overhead and profit as well as a premium for shortterm rentals. These rates will apply to the above entire fa, cmo or mcr line situation. Mar 28, 2012 of the blue book at the time the equipment is used. The ownership costs shall be calculated by using the blue book monthly rate multiplied by the rate adjustment factors for age and geographic. The contractor should not be charging you rental rates out of the blue book. Construction equipment rates contract pricing including cas. 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. Commercial contractors equipment the blue book building. The calculated rate represents the cost of owning and operating the equipment, which is likely to be lower than the rate charged by a rental yard. Commercial contractors equipment the blue book building and. State aid finance web minnesota department of transportation minnesota department of transportation exclude pdfs minnesota department of public safety driver and vehicle services. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. February 23, 2015 circular letter 201504 schedule of. The rates shown herein were derived from the rental rate blue book for construction equipment.

Rented equipment rental rates for rented or leased equipment, hereinafter called rented equipment, shall be as paid by the contractor, subject to the conditions of this edsm. The rental rates used by the california transportation department caltrans significantly exceed the blue book s rates. 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. Featured amenities include dry cleaninglaundry services, a 24hour front desk, and luggage storage. Rental rate blue book equipment cost recovery equipmentwatch. Department of transportation and development edsm no. Payment terms for standby, aeration equipment, and equipment attachments have also been.

Local assistance division business virginia department of. 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. Reimbursement of transportation and equipment costs will be limited to charges that account for cost to the utility of expenses for equipment used. Construction equipment rates contract pricing including. 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. 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 rental rate blue book is a comprehensive guide to cost recovery for construction equipment. The weekly blue book rate is approximately 28% of the monthly rate, based on the loss of roughly 32 hours during a month when machinery is used on a weekly basis. They represent the average prevailing at the state of new york at the time data was collected. Best sites about blue book rental rates construction equipment.

Over recent years, the blue book has become a standard for determining equipment rental rates across the industry, and it is used by. Local assistance division business virginia department. Build relationships and leverage tech to win more work. Apr 29, 2010 equipmentwatch launches aed green book online edition new online database of construction equipment rental rates offers powerful, interactive features. Emergency equipment rental agreement eera rates cover the period may 1, 2017, through april 30, 2020.

Profit and overhead charged to equipment are included herein 16 percent. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Add this rate to truck rate for total lift and truck rate. As a result, excessive charges have been incurred for equipment rental. Current edition of the rental rate blue book of rental. Rental rate blue book cost recovery equipmentwatch. Futureproofing the construction business is essential to protect equipment interests and position for longterm success. The blue book is a cost reference tool which breaks down construction equipment operating and ownership costs by specific equipment type, manufacturer, model, and year of manufacture to represent a rental rate. Rental rate guide book for construction equipment blue book, volumes 1, 2 or 3, as applicable, latest editions, adjusted as described in this edsm.

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. 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. Understand your costs clearly understand how hourly rates are allocated across an assets ownership and operating costs to better manage your equipment lifecycle. The blue book for costplus, force account, and ownership and operating cost reimbursement.

Equipmentwatch adds onhighway truck models to its rate products aug 08, 2018 equipmentwatch, industry leader in ownership and operating cost data, has introduced light duty models to its rental rate blue book and internal charge rate products. If localities have not developed their own rates, we recommend using of the following. In addition, the geographic location of payment has been addressed in the agreement. The blue book has become the standard for determining equipment rental rates across the industry, and it is used by private contractors, large corporations. The colorado department of transportation maintains procedures for determining equipment rental costs which are. The schedule of average annual equipment ownership expense soaaeoe booklet was. This is the rental rate blue book for construction equipment, volume 1, published by.

We have a wide variety of rental equipment for the doityourselfer and for the professional. Dataquest rental rate blue construction equipment pdf meta. Arbitrary or otherwise unsupported equipment use charges will not be reimbursed. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Both of these publications are researched and published to meet the needs of the. Vdot no longer develops equipment rental rates for the commonwealth. Equipment rental rates and labor surcharge caltrans. 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. Miscellaneous equipment rental rates are updated daily. For standard heavy equipment cost recovery formulas specified by each state dot. Frequently asked questions pdf statewide campaigns. This is the rental rate blue book for construction equipment, volume 1, published by equipmentwatch, a unit of intertec publishing, 1735 technology drive, suite 410, san jose, ca 9511033. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Province of bcs equipment rental rate municipality of north.

The daily blue book rate is approximately 25% of the weekly rate, based on the loss of roughly 60 hours during a month when machinery is used on a daily basis. Aug 11, 2019 rental means the rate you will pay for the hire of equipment or the cost you will charge to your project for borrowing an equipment. The equipment rates include fuel, oil, lubrication, repairs, maintenance, and insurance. 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. Where the utility does not have equipment available of the kind or type required to perform the necessary utility adjustment, reimbursement will be limited to the amount of rental paid to the lowest bidder following an appropriate solicitation for quotations from owners of the required kind or type of equipment. Rental rate book 04012014 through 0331 2015 pdf equipment rental rates effective from 04012014 through 0331 2015 csv rental rate book 040120 through 03312014 pdf equipment rental rates effective from 040120 through 03312014 csv rental rate book 04012012 through 033120 pdf. Office leasing comparison prime agrade gross face rent per annum. Rental rates can also be treated as reimbursement costs for contractorowned equipment. Fhwa officials noted that the blue book s rates are the maximum allowed for federalaid. With all you need about innformations, prices for blue book rental rates construction equipment, we always supply the cheapest cost, compare and the best service to you. 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. These references have been updated to properly refer to equipment watch. 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. Hotel benchmark rate includes fixtures, furnishing and equipment.

Equipmentwatch expands rental rate blue book, internal charge. Jul 09, 2020 the agc agreement was last updated in 2007. Higher hourly cost compensation for heavy equipment used. Either way, equipment and tools that you will use on your project must be assessed well. Equipmentwatch expands rental rate blue book to include. Odot manages over 16,500 pieces of various types of equipment. The colorado department of transportation maintains procedures for determining equipment rental. However, rates prevailing in other states can be found by applying the corresponding area modification factor. Commercial sales and rental of construction cranes used to transport and place large equipment primarily on commercial building rooftops. Rental rate book 0401 2015 through 03312016 pdf equipment rental rates effective from 0401 2015 through 03312016 csv rental rate book 04012014 through 0331 2015 pdf equipment rental rates effective from 04012014 through 0331 2015 csv rental rate book 040120 through 03312014 pdf. Equipmentwatch expands rental rate blue book, internal. All rates for equipment rented in labrador will be increased by 5.

This is the standard fhwa recommended reference for rental rate calculations. Click here to download 9 ways to connect, communicate and collaborate with blue book network subcontractors today. Rental rate the hourly rental rate for equipment utilized on force account shall be a combination of the following items. Equipmentwatch adds pickup trucks to rental rate blue book.

Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. Force account mark up summary 2014 aashto subcommittee. Same as other equipment, hourly based on blue book rental rates. This section contains the average costs to rent and operate hundreds of pieces of construction equipment.

Equipmentwatch launches aed green book online edition. 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. Access uptodate average advertised rental rates sourced from over 200 rental companies across the united states and canada. The fhwa rate is an hourly rate based on monthly rental rate blue book data. Miscellaneous equipment rental rate information caltrans.

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. If used on any other force account situation, new rates will be needed to determine if rates have changed per blue book revisions. Mndot standard specifications book 2005 division i sections 1101 through 1911. Higher hourly cost compensation for heavy equipment used in. The blue book has become the standard for determining equipment rental rates across the industry, and it is.