Nrental rate blue book for construction equipment

For items not referenced in the rental rate guide, odot contract rates. For items not referenced in the rental rate guide, odot contract rates were. Read, highlight, and take notes, across web, tablet, and phone. Equipmentwatch adds pickup trucks to rental rate blue book. The 2008 edition of the blue book for construction equipment most major makes and models has over 1,000 pages of prices, values and specifications. 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. They represent the average prevailing at the state of new york at the time data was collected. 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. Instantly access the rental rate blue book reimbursement rates. Past records show that depending on the manual used, the rental cost for the same piece of equipment.

When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. Equipment costs include not only rental, but also operating costs for equipment under normal use. Equipmentwatch, the leader in data, software and insights for the heavy equipment industry, has expanded its rental rate blue book and internal charge rate products to include cost data for over 22,000 models, a new record for the equipmentwatch cost products. Overtime charges will be prorated at 18 of the daily rate. Equipment rental rates federal highway administration. 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. No monthly equipment rate table cost per month 1 basis 1 basis 2 basis 3 basis 4 basis 5 copper flat fa.

Equipment rental rates are available on the internet at. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates. The department access to the equipment watch blue book rental rates website has now transitioned to individual account access.

This guide is provided for reference purposes only to assist in determining the appropriate ratings listed in section 127. Most dots use rental rate manuals to determine equipment reimbursement. Books are no longer available in hard copy and should be downloaded. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. Direct repair, indirect repair and storage, operating and depreciation. 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. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. 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 costs equipment rental rates are obtained from the.

Each rate covers all costs eligible under the robert t. Build relationships and leverage tech to win more work. Introduction to cost recovery rental rate blue book the rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Best sites about equipment rental rates blue book 2019. Stafford disaster relief and emergency assistance act, 42 u. Equipmentwatch, formerly known as the rental rate blue book, provides database information for the construction equipment industry and is a leader in heavy construction. 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. Equipmentwatch, a provider of ownership and operating cost data, announces the introduction of lightduty truck models to its rental rate blue book and internal charge rate.

Volume 3, for equipment 11 to 20 years old dataquest. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. You must have established an account or a deposit will be required. This is the standard fhwa recommended reference for rental rate calculations. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Quick reference guide equipment rental rates from blue book. The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. The blue books for construction equipment 2008 for. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment. This is the rental rate blue book for construction equipment. Best sites about blue book rental rates construction equipment. The purpose of this memorandum is to notify all field personnel of the new equipment watch website and to direct them to watch the supplemental ondemand training video.

Miscellaneous equipment rental rate information caltrans. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. 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. Equipmentwatch expands rental rate blue book, internal. The old saying that time is money is perhaps no truer anywhere than in the construction industry. Blue book equipment rental rate guide, which shows the true costs of operating construction equipment. Monthly rental basis operating hrs period 176 wet rate. The blue book for costplus, force account, and ownership and operating cost reimbursement. Determination of construction equipment rental rates in. The standard reference for rental rates on all classes of construction and equipment. The wheels of local government turn slowly, and the longer it takes for a project to make its way through.

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. A recent oig audit of construction equipment usage rental rates used by state highway agencies shas for extra contract work has found that a significant number of the shas need to modify their rate. Customers now have access to both nationally benchmarked and usercustomized charge rates. The rates in this guide are intended as guidelines paralleling amounts an equipment owner should charge during rental or contractual periods to recover equipment. 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. Equipment rental rates and labor surcharge caltrans. Rental rate blue book cost recovery equipmentwatch.