Rate blue book for construction equipment which is published by the. Equipment data, apis prices serial number search fleets. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. These rates are derived from cost formulas and data developed by equipmentwatch and from analytic methods used in the construction industry. 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. Equipmentwatch rental rate blue book calculations the department only recognizes the adjusted fhwa hourly rate, d. 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.
Chief, construction and maintenance division office of highway operations. Equipment rental rates and labor surcharge caltrans. Units returned outside of regular business hours will remain the customers responsibility until the next regular. Construction equipment ownership and operating expense schedule volume 4.
Construction plan extra work rates, equipment data, and fleet insights to optimize decisions across the equipment lifecycle. York state office of general services heavy equipment rental standby contract or the current rental rate blue book for construction equipment by. A typical equipmentwatch rental rate blue book report for a linkbelt rtc 8050 series ii crane is included as an attachment to this. Search the blue book online and you will find over 800,000 company listings.
A typical equipmentwatch rental rate blue book report for a linkbelt rtc8050 series ii crane is included as an attachment to this. The monthly rate displayed in the rental guide is determined by multiplying the hourly accumulated costs by the monthly standard of 176 hours. The fhwa hourly rate is equal to the adjusted monthly rate, a, divided by 176 hours plus the adjusted value indicated at the bottom of the estimated operating costs hourly column, c. Rental rate blue book cost recovery equipmentwatch. Construction equipment guide covers the nation with its four regional newspapers, offering construction and industry news and information along with new and used construction equipment for.
Determination of construction equipment rental rates in. Multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. Equipmentwatch establishes new standard for standby and. Instantly access the rental rate blue book reimbursement rates. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. For the latest information regarding the novel coronavirus covid19 please visit the california coronavirus covid19 response page. This memorandum also serves to implement equipment watchs rental rate blue book blue book as the source of equipment rates for force account billing. Industry source of regional, categorized construction information and is available in print and online. Equipment rental rates are available on the internet at. Equipment rental rates contract administration construction. Set the beginning hourly rate so after five years, the. Rental rate blue book equipment cost recovery equipmentwatch. Rental rate blue book for construction equipment, 4. Volume 3, for equipment 11 to 20 years old dataquest.
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. The rental rate blue book rate is the total cost of using your own equipment and broken out by hourly, daily, weekly, and monthly. These rates are derived from cost formulas and factors. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. The use of privately owned equipment is to be approved on a casebycase basis by the. If it has any similarities to the usace construction equipment ownership and operating expense schedule ep 111018, there is an adjustment for depreciated equipment. Construction equipment rental rates vary widely according to fac tors such as type and.
Stafford disaster relief and emergency assistance act, 42 u. This is the standard fhwa recommended reference for rental rate calculations. 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 arhca equipment rental rates guide provides users with up to date, accurate information on equipment rental rates. Books are no longer available in hard copy and should be downloaded. The developer of the blue book accumulates all contractor costs for owning a piece of equipment on an hourly basis. Miscellaneous equipment rental rates are updated daily and available on the internet at. Direct repair, indirect repair and storage, operating and depreciation. This provides a simple, efficient method for the technician to price their jobs. 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. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Miscellaneous equipment rental rate information caltrans. Introduction to cost recovery rental rate blue book the rental rate blue book is a comprehensive guide to cost recovery for construction equipment.
This online tool is valuable for determining and verifying hourly operating and ownership cost rates for contractor owned equipment. Equipment costs monthly equipment rate table cost per. 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. Arhca releases updated equipment rental rates guide rma. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. Equipment rental rates federal highway administration. The departments schedule of average annual equipment ownership expense will no longer be used for t his purpose. Hourly rate for equipment i mostly do gas and electric lines for swimming pools. 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. Finally, the blue book takes all the factors of running an appliance service company into consideration by charging a professional rate for professional service. Project owners search the commercial construction industrys premier database every day to access over 1 million prequalified vendors in over 560 trades by appearing on page1 search results in your targeted classifications and regions, decisionmakers will have an easier time reading your company story and qualifying you for.
Any such small tool that is rented shall be paid according to. This is the standard fhwa recommended reference for. The contractor will be paid the rental rates, as modified herein, set forth in the rental. Calculate rates by the hour of use, so that the machine pays for itself over five years, and also pays for the depreciation average using the previous figures. Construction hourly rate get a free salary comparison based on job title, skills, experience and education. A formula for construction equipment cost recovery for. Construction hourly rate in united kingdom payscale. To view a copy in pdf format, please select the required year. Used equipment prices equipment blue book equipmentwatch. If a year is not listed as a selection, then the pamphlet was not published in that year. This reduced rate is intended to cover the contractors ownership costs less major overhaul and. For items not referenced in the rental rate guide, odot contract rates were. 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.
When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Over recent years, the blue book has become a standard for determining equipment rental rates across the industry, and it is used by private. The rental rate blue book is the only commercial equipment rate. 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. Construction equipment ownership and operating expense schedule volume 6. 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. I try to go with a lump sum price, but instead of hourly i have set a rate of 4 to 8 dollars per foot at 24 inches deep, most case some of the outlying areas around here are pretty rocky so i take them as they come. Cdot erosion control and storm water quality guide and pocket book, 6. All other provisions of the agreement remain in place. Quick reference guide equipment rental rates from blue book. Construction equipment ownership and operating expense schedule volume 5. Rates listed in the rental rate blue book are intended as a. 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. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins.
Each rate covers all costs eligible under the robert t. Rate per hour for excavator and loader heavy 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. How is this rate different than the rental rate blue book aka cost guide. Determination of construction equipment rental rates in force. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. There are also other possible adjustments for severity of the conditions, actual purchase prices, etc. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Past editions of the us army corps of engineers ep 111018, construction equipment ownership and operating expense schedule, are available from 1981 to the present. Accurate, reliable salary and compensation comparisons for united kingdom. Construction equipment rates contract pricing including.
1522 1077 1550 1073 768 1196 449 701 1563 636 98 341 146 557 1160 462 616 559 1128 1527 1192 760 13 912 122 772 470 1404 349 118 854 1082 364 368 1010 327 329 1385 158