Instantly access the rental rate blue book reimbursement rates. Primedia announces complete new suite of electronic products. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Check car prices and values when buying and selling new or used vehicles.
Equipmentwatch expands rental rate blue book to include. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. The blue book for costplus, force account, and ownership and operating cost reimbursement. Vdot no longer develops equipment rental rates for the commonwealth. Cdot erosion control and storm water quality guide and pocket book, 6. These rates were computed by using 2016 actual expenses of county road commissions, plus a. You can find hourly, daily, weekly, or monthly rental rates. You must have established an account or a deposit will be required. These rates were computed by using 2017 actual expenses of county road commissions, plus a.
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. 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. Slabsongrade, massive feed pads and industrial floors might look like simple concrete systems to most, but for dylan milis, these vital pieces of infrastruct. A change order is defined in the 2004 standard specification book as a written order to the contractor detailing changes to the specified work, item quantities or any other modification to the contract. Cost code equipment specification capacitysize hp notes unit rate. Customers now have access to both nationally benchmarked and usercustomized charge rates for this new category of equipment. Volume 3, for equipment 11 to 20 years old dataquest. 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. We recognize that time is money for owner, contractor, and the public. The rental rate blue book is the only commercial equipment rate schedule tested and approved by the federal highway administration fhwa as an acceptable guideline for reimbursement of contractor equipment costs in force account or extra work. This is the standard fhwa recommended reference for rental rate calculations. May 01, 2020 the division of construction is a results driven engineering organization that prides itself on timely project completion. Stafford disaster relief and emergency assistance act, 42 u.
Access targeted project opportunities with the bidscope project manager. Add tags for rental rate blue book for construction equipment. The use of privately owned equipment is to be approved on a casebycase basis by the. 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. The standard reference for rental rates on all classes of construction and equipment, 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 provincial ministry of transportation. Determination of construction equipment rental rates in force. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins.
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. Kelley blue book new and used car price values, expert. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Equipmentwatch expands data on rates and charges rental. Only rates for rented equipment and specialized equipment not contained in the rental rate blue book need to be included in the contract change order, together with agreed rates for wages. Fy20 urban municipal mileage and payments 494 kb payments to local governments history of payment rates 47 kb urban overweight permit revenue 22 kb the code requires municipalities report their maintenance expenditures to vdot on an annual. Most dots use rental rate manuals to determine equipment reimbursement. Mcaas 20162017 tool and equipment rental guide puts cost recovery information at your fingertips. For items not referenced in the rental rate guide, odot contract rates were. I verify the labor rate from certified payrolls and materials from invoice prices. Lease plans for new equipment are available for periods in excess of six months, with a percentage of payments applying toward purchase.
Local assistance division business virginia department of. Local assistance division business virginia department. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. This reduced rate is intended to cover the contractors ownership costs less major overhaul and.
The standard reference for rental rates on all classes of heavy construction equipment. 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. 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. That means the contractor has submitted an hourly rate for labor, equipment rates and material prices. These rates vary widely, depending on factors such as type and age of equipment, capacity, operating costs, availability, and the geographic and climatic conditions at the jobsite. These rates are derived from cost formulas and factors. Rental rate blue book cost recovery equipmentwatch. Equipmentwatch adds pickup trucks to rental rate blue book. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment.
A boom truck is a required workhorse for the heavy lifting tasks required in tower erection, from assembling sections, setting the first stick or safely and profitably managing the heavy lifting and transporting of everything from bts cabinets to transmission line reels. Blue book equipment rental rate guide, which shows the true costs of operating construction equipment in b. Each rate covers all costs eligible under the robert t. If localities have not developed their own rates, we recommend using of the following. Equipmentwatch, the world 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 nearly 1,000 agricultural tractor models. 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. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Mail stop 692, fax number 65664677, central office s. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs.
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. 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. Direct repair, indirect repair and storage, operating and depreciation. Best sites about equipment rental rates blue book 2019. 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.
Paul, mn 551551800 6512963000 toll free 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. 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. All other provisions of the agreement remain in place. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. According to equipment watch, the publisher of the rental rate blue book, 47 state dots and numerous municipalities specify the use of the blue book for pricing significant costs. Construction ownership, operating costs rental rate. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Determination of construction equipment rental rates in.
Jun 29, 2004 our 40 years of experience in bringing customers valuable information in such industry standards as rental rate blue book ownership and operating costs, and green guides equipment valuation. Equipmentwatch, a leading provider of 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 more than 22,000 models, a new record for the equipmentwatch cost products. This document is intended to provide guidance to the districts in developing and negotiating change orders. Past records show that depending on the manual used, the rental cost for the same piece of equipment. Bidscope is the blue book networks powerful project search engine that allows you to connect to the companies and the people behind the projects. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. 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. Quick reference guide equipment rental rates from blue book. The cost of the rental rate blue book purchase can be paid for using maintenance funds. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Rental rates can also be treated as reimbursement costs for contractorowned. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only.
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