Equipmentwatch produces the leading database information products for the construction equipment industry and is the world leader in heavy construction research and. Used equipment prices equipment blue book equipmentwatch. Arhca releases updated equipment rental rates guide rma. Construction equipment rates contract pricing including. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. 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. These rates are derived from cost formulas and factors.
When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. 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. Rentals fader equipment equipment rentals, sales, and service. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Vdot no longer develops equipment rental rates for the commonwealth. For the latest information regarding the novel coronavirus covid19 please visit the california coronavirus covid19 response page. 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. Please take the necessary steps to assure that predetermined equipment usagerental rates used by the shas within your region comply with federal cost principles. Equipment rental rates contract administration construction. The contractor should not be charging you rental rates out of the blue book.
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. Blue book equipment rental rate guide, which shows the true costs of operating construction equipment. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period. Industry source of regional, categorized construction information and is available in print and online. The arhca equipment rental rates guide provides users with up to date, accurate information on equipment rental rates. Choose from 4hour minimum charge, 1 day, 1 week, or 4 week rental time periods. Construction equipment are you a facility or property manager.
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. 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. Direct repair, indirect repair and storage, operating and depreciation. These rates were computed by using 2016 actual expenses of county road commissions, plus a. Rental rates can also be treated as reimbursement costs for contractorowned. 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. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions.
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 blue books for construction equipment 2008 for. Rental rate blue book for construction equipment, 4. 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. Equipment values equipment category attachments auctionsservices buildingsbarnsreal estate chemical applicators construction equipment grain handling and storage harvesting hayforage lawn and garden livestockmanurefeeders miscellaneous planting equipment precision ag equipment software recreationalutility rotary cutters and shredders. All other provisions of the agreement remain in place. Best sites about equipment rental rates blue book 2019. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Equipmentwatch establishes new standard for standby and.
Verify equipment rental rates by referring to the rental rate blue book link at. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. 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. 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. This reduced rate is intended to cover the contractors ownership costs less major. 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. 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. 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. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. Arhca releases updated equipment rental rates guide rma rma. Check out our buyers guide built specifically for your needs.
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 for costplus, force account, and ownership and operating cost reimbursement. For items not referenced in the rental rate guide, odot contract rates were applied as well as the latest federal emergency management agency. The equipment rental rate guide provides users with industry standard rates the alberta roadbuilders and heavy construction association arhca has released their 2019 equipment rental rates guide, which is available for purchase. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Some equipment is depreciated on an operating hours basis, for example. Force account the force account agreement specifies the labor rates, material costs, and equipment rates to be used. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. 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. Force account work is not a preferred option due to the increased level of monitoring required. Each rate covers all costs eligible under the robert t. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. Rental rate blue book equipment cost recovery equipmentwatch. Rates listed in the rental rate blue book are intended as a.
Chief, construction and maintenance division office of highway operations. These rates were computed by using 2017 actual expenses of county road commissions, plus a. Communicate and collaborate with blue book network subcontractors today. 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. Equipment rental rates and labor surcharge caltrans. Construction equipment rates contract pricing including cas. Rental rate blue book cost recovery equipmentwatch. 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. Instantly access the rental rate blue book reimbursement rates. Contractors equipment companies servicing redmond, wa change location. Equipmentwatch produces the leading database information products for the construction equipment industry and is the world leader in heavy construction research and serves more than 15,000. The rental rate blue book is the only commercial equipment rate. This is the standard fhwa recommended reference for.
The use of privately owned equipment is to be approved on a casebycase basis by the. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. Local assistance division business virginia department.
Sep, 2012 some equipment is depreciated on an operating hours basis, for example. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. Rentals fader equipment equipment rentals, sales, and. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. Add tags for rental rate blue book for construction equipment. Quick reference guide equipment rental rates from blue book. Miscellaneous equipment rental rate information 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. Equipmentwatch adds pickup trucks to rental rate blue book. 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. Aug 06, 2018 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. This online tool is valuable for determining and verifying hourly operating and ownership cost rates for contractor owned equipment. Stafford disaster relief and emergency assistance act, 42 u. 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.
Requests for dot to establish rental rates for equipment not in this schedule are. Fader equipment offers rental rates designed to fit the job. Construction ownership, operating costs rental rate. Equipment costs monthly equipment rate table cost per. Determination of construction equipment rental rates in force. Paul, mn 551551800 6512963000 tollfree 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. Equipment values equipment category attachments auctionsservices buildingsbarnsreal estate chemical applicators construction equipment grain handling and storage harvesting hayforage lawn and garden livestockmanurefeeders miscellaneous planting equipment precision ag equipmentsoftware recreationalutility rotary cutters and shredders. If localities have not developed their own rates, we recommend using of the following. Cdot erosion control and storm water quality guide and pocket book, 6. Equipmentwatch expands rental rate blue book, internal. The use of privately owned equipment is to be approved on a. It is suitable in cases when an agreement cannot be reached regarding the scope of work and the amount of payment.
Search the blue book online and you will find over 800,000 company listings. 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. Customers now have access to both nationally benchmarked and usercustomized charge rates for nearly all types. These rates are derived from cost formulas and data developed by equipmentwatch and from analytic methods used in the construction industry. This is the standard fhwa recommended reference for rental rate calculations. The shas which use the blue book and other rate methods should modify the equipment rates before they are applied to federalaid projects. 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. Blue book bc road builders and heavy construction association.