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. Rental rates can also be treated as reimbursement costs for contractorowned. Local assistance division business virginia department of. 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. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. 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. 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. Rental rate guide book for construction equipment blue book, volumes 1, 2 or 3, as applicable, latest editions, adjusted as described in this edsm. Equipmentwatch, a leading provider of heavy equipment information services, has announced the launch of its new, online edition of aed green book. The standard reference for rental rates on all classes of construction and. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. Primedia announces complete new suite of electronic products.
The shas which use the blue book and other rate methods should modify the equipment rates before they are applied to federalaid projects. The most popular version of this product among our users is unknown. The blue book for costplus, force account, and ownership and operating cost reimbursement. Stafford disaster relief and emergency assistance act, 42 u. 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.
Best sites about blue book rental rates construction equipment. 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. The use of privately owned equipment is to be approved on a casebycase basis by the. Both of these publications are researched and published to meet the needs of the. Aug 06, 2018 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 products the update. Local assistance division business virginia department. Equipmentwatch expands data on rates and charges rental. Equipmentwatch launches aed green book online edition. Equipmentwatch expands rental rate blue book to include. 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.
Rental rate blue book equipment cost recovery equipmentwatch. Vdot no longer develops equipment rental rates for the commonwealth. These rates are derived from cost formulas and factors. Cdot erosion control and storm water quality guide and pocket book, 6. Determination of construction equipment rental rates in force. It does not make sense to adjust a rental rate for the depreciated value of an owned piece of equipment, which if i understand your question correctly you seem to be suggesting. Equipmentwatch expands rental rate blue book, internal. Volume 3, for equipment 11 to 20 years old dataquest. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book.
Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. No monthly equipment rate table cost per month 1 basis 1 basis 2 basis 3 basis 4 basis 5 copper flat fa. Each rate covers all costs eligible under the robert t. 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. Determination of construction equipment rental rates in. 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.
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. Equipmentwatch adds pickup trucks to rental rate blue book. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Get all good price and hot deals for rental rate blue book primedia here. All other provisions of the agreement remain in place. Rental rate blue book cost recovery equipmentwatch. Published since 1949, aed green book provides average rental rates for construction equipment from hundreds of rental distributors nationwide. The name of the program executable file is bluebook. These guidelines would serve as the basis for the development of an analytical model that would determine equipment rental rates according to ownership costs, operation and maintenance costs, operating hours, equipment overhead, and profit. Primedias rental rate bluebook software and downloads. Equipment rental rates are available on the internet at. Customers now have access to both nationally benchmarked and usercustomized charge rates. Construction equipment rates contract pricing including cas. The standard reference for rental rates on all classes of construction and equipment, volume 1.
You must have established an account or a deposit will be required. 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. Department of transportation and development edsm no. 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. If localities have not developed their own rates, we recommend using of the following. Construction memorandum 0809 force account billing. The rental rate blue book published by primedia information, inc. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Monthly rental basis operating hrs period 176 wet rate. This is the rental rate blue book for construction equipment, volume 1, published by equipmentwatch, a unit of intertec publishing, 1735 technology drive, suite 410, san jose, ca 9511033.
Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. Read, highlight, and take notes, across web, tablet, and phone. Research of the cost factors involved in the determination of equipment rental rates was conducted in the form of a nationwide survey of state departments of transportation and of several federal government agencies, analysis of the methodology used by rental rate guides. 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. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8229 compactor, towed, drum static 20000 lb add to prime mover rate for total rate. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment.
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. Jul 11, 2019 atlanta, july 11, 2019 globe newswire equipmentwatch, the world leader in data, software and insights for the heavy equipment industry, has expanded its rental rate blue book and internal. This is the standard fhwa recommended reference for rental rate calculations. A state may, subject to the fhwas concurrence, adopt the dataquest rental rate blue book blue book or another industry rate guide, or it may develop its own guide. 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. Equipment rental rates federal highway administration. Equipment rental rates and labor surcharge caltrans. The state must make the determination that the equipment rental rates developed or adopted fairly estimate a contractors actual cost to own and operate the. Construction ownership, operating costs rental rate. 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.
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. This reduced rate is intended to cover the contractors ownership costs less major overhaul and. 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. Rental rate blue book for construction equipment, 4. Please take the necessary steps to assure that predetermined equipment usagerental rates used by the shas within your region comply with federal cost principles. 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. Slabsongrade, massive feed pads and industrial floors might look like simple concrete systems to most, but for dylan milis, these vital pieces of infrastruct. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. This memorandum also serves to implement equipment watchs rental rate blue book blue book as the source of equipment rates for force account billing. Miscellaneous equipment rental rates are updated daily and available on the internet at. Sep, 2012 you should use the rental rate blue book for your igce and to test the reasonableness of the proposed charge. Equipmentwatch announces new record of models added to rental. For items not referenced in the rental rate guide, odot contract rates were. Customers now have access to both nationally benchmarked and usercustomized charge rates for this new category of equipment.
Overtime charges will be prorated at 18 of the daily rate. The departments schedule of average annual equipment ownership expense will no longer be used for t his purpose. Best sites about equipment rental rates blue book 2019. 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. 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. 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. Rate modifications, indicated on regional adjustment maps in the blue book and as applied automatically by the blue book.
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