Rental rate blue book for construction equipment pdf

Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. 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. The rental rate blue book published by primedia information, inc. 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. 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.

Cdot erosion control and storm water quality guide and pocket book, 6. Equipment rental rates federal highway administration. Rental rate guide book for construction equipment blue book, volumes 1, 2 or 3, as applicable, latest editions, adjusted as described in this edsm. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Most dots use rental rate manuals to determine equipment reimbursement. Rental rate blue book for construction equipment volume 1 the standard reference for ownership and operating rates on.

Local assistance division business virginia department of. A typical equipmentwatch rental rate blue book report for a linkbelt rtc 8050 series ii crane is included as an attachment to this. This guide is provided for reference purposes only to assist in determining the appropriate ratings listed in section 127. 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. You must have established an account or a deposit will be required. Additional instruments and test equipment items have been added, as well as, updated list prices for all items.

Direct repair, indirect repair and storage, operating and depreciation. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. Quick reference guide equipment rental rates from blue book. Past records show that depending on the manual used, the rental cost for the same piece of equipment. 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. 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 rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Rental rate blue book for construction equipment, 4. The use of privately owned equipment is to be approved on a casebycase basis by.

If localities have not developed their own rates, we recommend using of the following. Volume 3, for equipment 11 to 20 years old dataquest. Each rate covers all costs eligible under the robert t. Rental rates can also be treated as reimbursement costs for contractorowned equipment. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Equipmentwatch rental rate blue book report a typical equipmentwatch rental rate blue book report for a linkbelt rtc8050 series ii crane is included as an attachment to this memorandum for reference and example purposes. All other provisions of the agreement remain in place. Rate modifications, indicated on regional adjustment maps in the blue book and as applied automatically by the blue book.

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 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. Rented equipment rental rates for rented or leased equipment, hereinafter called rented equipment, shall be as paid by the contractor, subject to the conditions of this edsm. 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. Add tags for rental rate blue book for construction equipment. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. 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. Determination of construction equipment rental rates in force. 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. Equipment rental rates and labor surcharge caltrans. In addition to the pdf and hardcopy purchase options we have offered in the past, we are also now providing an option to purchase a spreadsheet download. We recognize that time is money for owner, contractor, and the public. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month.

Construction equipment rental rates vary widely according to fac tors such as type and. 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. Construction equipment, costs, demolition, accounting, payment. Higher hourly cost compensation for heavy equipment used in.

Rate blue book for construction equipment which is published by the equipment. Have seo confidence and get found with intelligence thats built into every page. Overtime charges will be prorated at 18 of the daily rate for each hour. Rates listed in the rental rate blue book are intended as a. Department of transportation and development edsm no. Apr 01, 2020 the division of construction is a results driven engineering organization that prides itself on timely project completion. This online tool is valuable for determining and verifying hourly operating and ownership cost rates for contractor owned equipment. For items not referenced in the rental rate guide, odot contract rates were. The fhwa rate is an hourly rate based on monthly rental rate blue book data. This is the standard fhwa recommended reference for rental rate calculations.

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. Stafford disaster relief and emergency assistance act, 42 u. Equipmentwatch launches aed green book online edition new online database of construction equipment rental rates offers powerful, interactive features. 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. Rental rate blue book cost recovery equipmentwatch. 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. Because the blue book network has a very high trust rank and authority, your proviewlisted business is promoted to search engines automatically. This reduced rate is intended to cover the contractors ownership costs less major overhaul and.