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. 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. The rental rate blue book is the only commercial equipment rate. Online buyers guide service providing information in the field of construction equipment values. The principle of equipment rental rate guides for contractor owned equipment is. This hourly rental rate schedule is for equipment owned by a local government, private company or individual when. Cdot erosion control and storm water quality guide and pocket book, 6. Change order or contract change order a written order signed by the engineer, issued with or without the consent of the contractor, directing changes. Blue book bc road builders and heavy construction association. This guide is provided for reference purposes only to assist in determining the appropriate ratings listed in section 127. I verify the labor rate from certified payrolls and materials from invoice prices. Past records show that depending on the manual used, the rental cost for the same piece of equipment.
The 20192020 edition of the tool and equipment rental schedule includes two new sections of safety items which contains arcrated personal protective clothing and rubber insulating equipment. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. This guide is provided for reference purposes only to assist in determining the. When equipment is idled or on standby in a delay, the specification. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. All other provisions of the agreement remain in place. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. The 20192020 edition of the tool and equipment rental schedule includes two new sections of safety items which contains arcrated personal protective clothing and rubber insulating. 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. These rates were computed by using 2017 actual expenses of county road commissions, plus a factor for estimated increased costs between 2017 and 2019. The mainedot committee is composed of veteran mainedot maintenance engineers and state aid construction supervisors who are responsible for getting and using this equipment on mainedot state aid construction projects. The rates on this schedule of equipment rates are for applicant. Rental rate blue book equipment cost recovery equipmentwatch. Local assistance division business virginia department.
Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. Please take the necessary steps to assure that predetermined equipment usagerental rates used by the shas within your region comply with federal cost principles. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. Construction equipment ownership and operating expense schedule. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue. Equipment rental rates and labor surcharge caltrans. Rental rate blue book equipmentwatch equipment data, apis.
May 15, 2017 construction equipment ownership and operating expense schedule table of contents. Additional instruments and test equipment items have been added, as well as, updated list prices for all items. Rental rate blue book trademark of informa business media. Paul, mn 551551800 6512963000 tollfree 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest.
I compare the equipment rates with local rates andor national blue book rates to determine reasonableness. A formula for construction equipment cost recovery for. Used equipment prices equipment blue book equipmentwatch. The developer of the blue book accumulates all contractor costs for owning a. Rental rate book 0401 2017 through 03312018 pdf equipment rental rates effective from 0401 2017 through 03312018 csv rental rate book 04012016 through 0331 2017 pdf equipment rental rates effective from 04012016 through 0331 2017 csv rental rate book 04012015 through 03312016 pdf. Rental rate blue book for construction equipment, 4. Filed in september 23 2015, the rental rate blue book covers online business directories featuring a searchable price guide database of construction equipment values. The blue book for costplus, force account, and ownership and operating cost reimbursement.
Rental rate blue book trademark of informa business. 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. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. This is the standard fhwa recommended reference for.
Project owners search the commercial construction industrys premier database every day to access over 1 million prequalified vendors in over. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. Most dots use rental rate manuals to determine equipment reimbursement. Brownies septic and plumbing brownies, established in 1948, has grown exponentially since marc barhonovich, president. Stafford disaster relief and emergency assistance act, 42 u. Paul, mn 551551800 6512963000 tollfree 8006573774 upon request, information on this website is available in.
This reduced rate is intended to cover the contractors ownership costs less major overhaul and. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. Construction equipment ownership and operating expense schedule volume 1. The blue book equipment rental rate guide is published annually by the bc road builders and heavy construction association, in partnership with the. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. A recent oig audit of construction equipment usagerental rates used by. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period. 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. Add tags for rental rate blue book for construction equipment. At some point of utilization, it does not pay to own the. Miscellaneous equipment rental rate information caltrans. That means the contractor has submitted an hourly rate for labor, equipment rates and material prices. Equipment rental rates schedule c report 375 effective january 1, 2017 through december 31, 2017 hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires.
The rates in this guide are intended as guidelines paralleling amounts an equipment owner should charge during rental or contractual periods to recover equipment related costs on a singleshift 8hour basis. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Crown publications online catalogue equipment rental. 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. Equipment costs monthly equipment rate table cost per. The use of privately owned equipment is to be approved on a casebycase basis by the.
Bidscope is the blue book networks powerful project search engine that allows you to connect to the companies and the people behind the projects. The rental rate blue book for construction equipment blue. Each rate covers all costs eligible under the robert t. Equipment rental rates schedule c report 375 effective january 1, 2017 through december 31, 2017 hourly equipment rental rates are based on the following data reported by. Equipmentwatch provides local government accurate used equipment. Construction equipment ownership and operating expense schedule volume 2. Rental rate blue book cost recovery equipmentwatch. Providing a searchable online advertising website and informational guide. For the latest information regarding the novel coronavirus covid19 please visit the california coronavirus covid19 response page.
Read, highlight, and take notes, across web, tablet, and phone. 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. Vdot no longer develops equipment rental rates for the commonwealth. 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. Instantly access the rental rate blue book reimbursement rates. 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. The data in the rental rate blue book is organized by equipment. 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. Access targeted project opportunities with the bidscope project manager. Blue book rental rate blue book for construction equipment published by equipment watch, a premedia business directories and book group. Determination of construction equipment rental rates in force. Equipmentwatch establishes new standard for standby and. Construction equipment ownership and operating expense schedule volume 4. Local assistance division business virginia department of.
Rental rate blue book for construction equipment volume 1 the standard reference for ownership and operating rates on. The shas which use the blue book and other rate methods should modify the equipment rates before they are applied to federalaid projects. Direct repair, indirect repair and storage, operating and depreciation. Determination of construction equipment rental rates in. Crown publications online catalogue equipment rental rate guide. Construction equipment rental rates rep resent a considerable portion of the costs incurred by contractors when they submit claims for force account work to dots. Brownies septic and plumbing brownies, established in 1948, has grown exponentially since marc barhonovich, president, stepped in to run the business in 2012. Commissions on the county equipment questionnaires. Equipment rental rates contract administration construction. If localities have not developed their own rates, we recommend using of the following. Construction equipment ownership and operating expense schedule volume 3. Keeping your rate to 50% to 60% of the rental company rental rate should put you in the ballpark for preparing budgets, etc. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable.
59 787 797 638 809 381 1147 1306 259 774 44 643 1479 1307 218 77 202 575 264 362 430 852 322 942 727 1549 535 500 1489 963 286 360 1161 1103 1153 1053 1157 944 1381 310 254