They represent the average prevailing at the state of new york at the time data was collected. 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 were computed by using 2016 actual expenses of county road commissions, plus a. Determination of construction equipment rental rates in.
If localities have not developed their own rates, we recommend using of the following. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Equipmentwatch launches aed green book online edition. You must have established an account or a deposit will be required. The rental rate blue book is a comprehensive guide to cost recovery 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. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. These rates were computed by using 2015 actual expenses of county road commissions, plus a. Rates listed in the rental rate blue book are intended as a. 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. The contractor will be paid the rental rates, as modified herein, set forth in the rental. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month.
Search the blue book online and you will find over 800,000 company listings. The adoption of contractor owned equipment rental rates must be a state decision as the recognition of an approved rate may also be used in rental rates, construction contracts, force accounts, claim work, litigation, and cost accounting. The division of construction is a results driven engineering organization that prides itself on timely project completion. Direct repair, indirect repair and storage, operating and depreciation. 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. Local assistance division business virginia department.
These rates are derived from cost formulas and factors. The use of privately owned equipment is to be approved on a casebycase basis by the. The blue book for costplus, force account, and ownership and operating cost reimbursement. Paul, mn 551551800 6512963000 tollfree 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. The principle of equipment rental rate guides for contractor owned equipment is that they should fairly. All other provisions of the agreement remain in place. However, rates prevailing in other states can be found by applying the corresponding area modification factor. Rental rate blue book cost recovery equipmentwatch. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. 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 departments schedule of average annual equipment ownership expense will no longer be used for t his purpose. The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. 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. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. 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. This is the standard fhwa recommended reference for rental rate calculations. Each rate covers all costs eligible under the robert t. 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.
These rates were computed by using 2017 actual expenses of county road commissions, plus a. Equipmentwatch expands data on rates and charges rental. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Determination of construction equipment rental rates in force. Equipmentwatch, a leading provider of data, software and insights for the heavy equipment industry, has expanded its rental rate blue book and internal. Rental rate blue book equipment cost recovery equipmentwatch. Best sites about blue book rental rates construction equipment.
The objectives of the research program were as follows. Equipment rental rates and labor surcharge caltrans. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. 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. Rate blue book for construction equipment which is published by the. Equipment rental rates for contractor owned equipment. Add tags for rental rate blue book for construction equipment. 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.
Rental rate blue book for construction equipment, 4. The shas which use the blue book and other rate methods should modify the equipment rates before they are applied to federalaid projects. Equipment rental rates contract administration construction. Rental rates can also be treated as reimbursement costs for contractorowned. Quick reference guide equipment rental rates from blue book. This memorandum also serves to implement equipment watchs rental rate blue book blue book as the source of equipment rates for force account billing. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. New online database of construction equipment rental rates offers powerful, interactive features.
For items not referenced in the rental rate guide, odot contract rates were. We recognize that time is money for owner, contractor, and the public. Industry source of regional, categorized construction information and is available in print and online. Vdot no longer develops equipment rental rates for the commonwealth. Best sites about equipment rental rates blue book 2019. Stafford disaster relief and emergency assistance act, 42 u. 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. Instantly access the rental rate blue book reimbursement rates. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. Construction ownership, operating costs rental rate. Cdot erosion control and storm water quality guide and pocket book, 6.
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. Associated equipment distributors the association of. 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. Overtime charges will be prorated at 18 of the daily rate.
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