Equipment rental rates are available on the internet at. Equipment overhead includes such items as insurance, property taxes, storage, licenses and recordkeeping. Each rate covers all costs eligible under the robert t. Rates listed in the rental rate blue book are intended as a. Industry source of regional, categorized construction information and is available in print and online. 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. Equipment rental rates federal highway administration. All other provisions of the agreement remain in place. Miscellaneous equipment rental rate information caltrans.
This is useful information when estimating the time and material requirements of any particular operation in order to establish a unit or total cost. Books are no longer available in hard copy and should be downloaded. 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. Force account work is not a preferred option due to the increased. The middle section of the equipment report, under the blue book rates heading, shows associated contractor costs for owning a piece of. Equipment rental rates schedule c report 375 effective january 1, 2018 through december 31, 2018 hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Miscellaneous equipment rental rates are updated daily. Construction equipment rates contract pricing including cas. The contractor should not be charging you rental rates out of the blue book. Instantly access the rental rate blue book reimbursement rates.
Volume 3, for equipment 11 to 20 years old dataquest. These costs are then prorated over the months that the equipment. Best sites about equipment rental rates blue book 2019. 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. Stafford disaster relief and emergency assistance act, 42 u. Cdot erosion control and storm water quality guide and pocket book, 6.
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. Cdot erosion control and storm water quality guide and pocket book. Commercial general contractors in eastern pennsylvania. 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. 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. Quick reference guide equipment rental rates from blue book. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. The contractor will be paid the rental rates, as modified herein, set forth in the rental. Construction ownership, operating costs rental rate. The wheels of local government turn slowly, and the longer it takes for a project to make its. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book.
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. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Rental rate blue book equipment cost recovery equipmentwatch. 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. 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. The developer of the blue book accumulates all contractor costs for owning a piece of equipment for an entire year. These rates were computed by using 2017 actual expenses of county road commissions, plus a factor for estimated increased costs between 2017 and 2019.
Miscellaneous equipment rental rates are updated daily and available on the internet at. Rental rate blue book cost recovery equipmentwatch. Counties possessing a state trunk line maintenance contract will be reimbursed at these rates. The old saying that time is money is perhaps no truer anywhere than in the construction industry. For items not referenced in the rental rate guide, odot contract rates. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. The blue book equipment rental rate guide is published annually by the. Rental costs equipment rental rates are obtained from the. Verify equipment rental rates by referring to the rental rate blue book link at. If localities have not developed their own rates, we recommend using of the following. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. 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.
Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. The bluebook pro estimator has leveled the playing field, enabling contracting companies of all sizes to create accurate and professional looking estimates. Fader equipment offers rental rates designed to fit the job. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. 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. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. Determination of construction equipment rental rates in. Instantly access the rental rate blue book reimbursement rates specified for extra work by. Arhca releases updated equipment rental rates guide rma.
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. The shas which use the blue book and other rate methods should modify the equipment rates. Local assistance division business virginia department of. Jul 17, 2006 the more equipment you use, the more accurate equipment cost recovery techniques must be for bidding and reporting purposes. A formula for construction equipment cost recovery for. Force account the force account agreement specifies the labor rates, material costs, and equipment rates to be used. Login or register now to gain instant access to the rest of this. The blue book rates include all equipment overhead costs.
Construction equipment rates contract pricing including. The use of privately owned equipment is to be approved on a casebycase basis by the. The arhca equipment rental rates guide provides users with up to date, accurate information on equipment rental rates. These costs are then prorated over the months that the equipment is normally expected to work. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Equipment rental rates contract administration construction. Rate blue book for construction equipment which is published by the. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Construction plan extra work rates, equipment data, and fleet insights to optimize decisions across the equipment lifecycle.
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. This reduced rate is intended to cover the contractors ownership costs less major overhaul and other related maintenance costs that have, in essence, been deferred since the equipment is not operated. Equipment costs include not only rental, but also operating costs for equipment under normal use. Best sites about blue book rental rates construction equipment. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates txt frequently asked questions. Direct repair, indirect repair and storage, operating and depreciation. Equipment manager ownership, operating costs rental. Equipment rental rates and labor surcharge caltrans.
This is the standard fhwa recommended reference for. For items not referenced in the rental rate guide, odot contract rates were. Over recent years, the blue book has become a standard for determining equipment 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. 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. They represent the average prevailing at the state of new york at the time data was collected. Construction equipment rental rates vary widely according to fac tors such as type and. 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. 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. Used equipment prices equipment blue book equipmentwatch. Therefore, if a project or home office overhead rate is proposed to be applied to a blue book rate, the state must ensure that it contains no equipment. Some equipment is depreciated on an operating hours basis, for example. Rentals fader equipment equipment rentals, sales, and service. Choose from the 2hour quickrent, 4hour minimum charge, 1 day, 1 week, or 4 week rental time periods.
This guide is provided for reference purposes only to assist in determining the appropriate ratings listed in section 127. Our workflow tools make it easy to upload your fleet, share rates. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. Chief, construction and maintenance division office of highway operations. These rates are derived from cost formulas and factors.
The blue book for costplus, force account, and ownership and operating cost reimbursement. This is the standard fhwa recommended reference for rental rate calculations. The use of privately owned equipment is to be approved on a. However, rates prevailing in other states can be found by applying the corresponding area modification factor.
The whos who offers a variety of options for sharing your story including. Search the blue book online and you will find over 800,000 company listings. The rental rate blue book is the only commercial equipment rate. Sep, 2012 some equipment is depreciated on an operating hours basis, for example. Determination of construction equipment rental rates in force.
Minnesota department of transportation road and travel information, construction projects, regional offices, bid letting, future highway plans, hot topics, jobs, library, map sales, news. 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. Equipment rental rates for contractor owned equipment. Vdot no longer develops equipment rental rates for the commonwealth. You must have established an account or a deposit will be required. This reduced rate is intended to cover the contractors ownership costs less major. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins.
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