Local assistance division business virginia department. Each rate covers all costs eligible under the robert t. 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. Determination of construction equipment rental rates in. 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.
Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Both of these publications are researched and published to meet the needs of the. 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. Labor costs of operator are not included in the rates and should be approved separately from equipment costs. Equipmentwatch, a leading provider of data, software and insights for the heavy equipment industry, has expanded its rental rate blue book and internal. Equipmentwatch expands rental rate blue book, internal. Blue book equipment rental rate guide, which shows the true costs of operating construction equipment in b. Rental rate blue book for construction equipment, 4. The fhw a has issued a policy guidance to ensure that pre determined equipment rental. All other provisions of the agreement remain in place. These rates were computed by using 2016 actual expenses of county road commissions, plus a. 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.
Blue book equipment rental rate guide, which shows the true costs of operating construction equipment. Miscellaneous equipment rental rates are updated daily. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. Choose from 4hour minimum charge, 1 day, 1 week, or 4 week rental time periods. The most popular version of this product among our users is unknown. The name of the program executable file is bluebook. Vdot no longer develops equipment rental rates for the commonwealth. Equipment costs monthly equipment rate table cost per. If localities have not developed their own rates, we recommend using of the following.
The rental rate blue book is the only commercial equipment rate. Rental rate blue book cost recovery equipmentwatch. Fader equipment offers rental rates designed to fit the job. Rental rate guide book for construction equipment blue book, volumes 1, 2 or 3, as applicable, latest editions, adjusted as described in this edsm. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Primedias rental rate bluebook software and downloads. Equipmentwatch download library equipment data, apis. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. 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 rental rate blue book is the only commercial equipment rate schedule tested and approved by the federal highway administration fhwa as an acceptable. Rental rates can also be treated as reimbursement costs for contractorowned equipment.
Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Cdot erosion control and storm water quality guide and pocket book, 6. Best sites about blue book rental rates construction equipment. Determination of construction equipment rental rates in force.
Equipmentwatch expands data on rates and charges rental. Rental rate blue book equipment cost recovery equipmentwatch. This reduced rate is intended to cover the contractors ownership costs less major overhaul and. 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.
When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Mail stop 692, fax number 65664677, central office s. These guidelines would serve as the basis for the development of an analytical model that would determine equipment rental rates according to ownership costs, operation and maintenance costs, operating hours, equipment overhead, and profit. Quick reference guide equipment rental rates from blue book. Equipment rental rates contract administration construction. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment.
Best sites about equipment rental rates blue book 2019. Direct repair, indirect repair and storage, operating and depreciation. Information regarding the use of the schedule is contained in 44 cfr 206. 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 awards announced highest retained value and lowest cost of ownership. Miscellaneous equipment rental rate information caltrans. Rentals fader equipment equipment rentals, sales, and. The developer of the blue book accumulates all contractor costs for owning a piece of equipment for an. The hired equipment program distributes available work to local equipment owners. 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. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs.
The use of privately owned equipment is to be approved on a casebycase basis by. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. Stafford disaster relief and emergency assistance act, 42 u. 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. 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. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. 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. 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 for costplus, force account, and ownership and operating cost reimbursement. Equipment manager ownership, operating costs rental. 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. 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 equipmentrelated.
Hired equipment program province of british columbia. The program is based on seniority and is designed to deliver work to registered users fairly and efficiently through the development of local area callout lists register for the hired equipment program. Equipment manager plan provides equipment costs, retail rental rates, fleet valuation, salvage values. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Equipmentwatch adds pickup trucks to rental rate blue book. The use of privately owned equipment is to be approved on a casebycase basis by the. Customers now have access to both nationally benchmarked and usercustomized charge rates for nearly all types. Best sites about pa equipment rental rates blue book 2019. 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. This is the standard fhwa recommended reference for rental rate calculations.
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