Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Crown publications online catalogue equipment rental. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Local assistance division business virginia department. Equipmentwatch adds pickup trucks to rental rate blue book. Rates listed in the rental rate blue book are intended as a. Current edition of the rental rate blue book of rental rates.
Please take the necessary steps to assure that predetermined equipment usagerental rates used by the shas within your region comply with federal cost principles. 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. 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. They represent the average prevailing at the state of new york at the time data was collected. These rates are derived from cost formulas and factors. I compare the equipment rates with local rates andor national blue book rates to determine reasonableness. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Construction equipment rates contract pricing including cas. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. 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.
This reduced rate is intended to cover the contractors ownership costs less major overhaul and. The rental rate blue book published by primedia information, inc. 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. Rental rates can also be treated as reimbursement costs for contractorowned equipment. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates txt frequently asked questions. Rate modifications, indicated on regional adjustment maps in the blue book and as applied automatically by the blue book cd washington state. Cdot does not pay for drivecommute time when the work is fore account. Quick reference guide equipment rental rates from blue book. Equipment costs monthly equipment rate table cost per. 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. The fdot currently uses two methods to establish reimbursement of equipment costs. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. 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.
Direct repair, indirect repair and storage, operating and depreciation. A formula for construction equipment cost recovery for. Fhwa federal highway administration has limited their participation in matching funds with state highway agencies using rental rate blue book to the monthly rate divided by 176 hoursmonth plus the hourly operating cost. Most dots use rental rate manuals to determine equipment reimbursement.
Equipmentwatch establishes new standard for standby and. These new rates are a welcome addition to the standard rental rate blue book active use rates specified by the federal highway administration, most state dots, and hundreds of project owners for. The rental rate blue book published by equipmentwatch, the ownership and operating expense schedules published by the army corps of engineers, and the many guides published by state departments of transportation are good examples of outside sources that can be used for comparative purposes. Rental rate blue book equipment cost recovery equipmentwatch. The shas which use the blue book and other rate methods should modify the equipment rates before they are applied to federalaid projects. Equipmentwatch, a provider of ownership and operating cost data, announces the introduction of lightduty truck models to its rental rate blue book and. Instantly access the rental rate blue book reimbursement rates specified for extra work by. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Arhca releases updated equipment rental rates guide rma rma. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Rate blue book for construction equipment which is published by the. Jul 17, 2006 multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. Construction equipment rates contract pricing including. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable.
Hired equipment program province of british columbia. Each rate covers all costs eligible under the robert t. The principle of equipment rental rate guides for contractor owned equipment is that they should fairly. Determination of construction equipment rental rates in. Construction ownership, operating costs rental rate. Construction equipment rental rates vary widely according to fac tors such as type and. While owners and renters should feel free to negotiate rates, the guide is designed to provide a fair market value for equipment rental. Our 40 years of experience in bringing customers valuable information in such industry standards as rental rate blue book ownership and operating. However, rates prevailing in other states can be found by applying the corresponding area modification factor.
No low equipment rates based on commissioners rental schedule list any additions to the equipment. Department of transportations reimbursement rates will be the rental rates to be. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. 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 rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. If localities have not developed their own rates, we recommend using of the following. The standard reference for rental rates on all classes of construction and equipment, volume 1 equipmentwatch, 2005. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. Cdot erosion control and storm water quality guide and pocket book, 6.
For decades, project owners and contractors have used the rental rate blue book and the internal. Vdot no longer develops equipment rental rates for the commonwealth. 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. All other provisions of the agreement remain in place. This guide is provided for reference purposes only to assist in determining the appropriate ratings listed in section 127. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work.
Rental rate blue book for construction equipment, 4. For items not referenced in the rental rate guide, odot contract rates were applied as well as the latest federal emergency management agency equipment rates. Arhca releases updated equipment rental rates guide rma. This is the standard fhwa recommended reference for. Additionally, fhwa states that the rates must also be adjusted for age and geographic region. 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. Determination of construction equipment rental rates in force. Mail stop 692, fax number 65664677, central office s. These rates are derived from cost formulas and data developed by equipmentwatch and from analytic methods used in the construction industry. Sep, 2012 are you referring to the rental rate blue book. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment.
Mar 31, 2017 the rates in this guide are intended as guidelines paralleling amounts an equipment owner should charge during rental or contractual periods to recover equipment related costs on a singleshift 8hour basis. The program is based on seniority and is designed to deliver work to registered users fairly and efficiently through the development of local area callout lists register for the hired equipment program. 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. 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. The rates are calculated using current albertabased data. Primedia announces complete new suite of electronic. 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. Best sites about blue book rental rates construction equipment. 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.
Add tags for rental rate blue book for construction equipment. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. Please take the necessary steps to assure that predetermined equipment usage rental rates used by the shas within your region comply with federal cost principles. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. The contractor will be paid the rental rates, as modified herein, set forth in the rental. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates txt frequently asked.
These rates were computed by using 2016 actual expenses of county road commissions, plus a. The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. Instantly access the rental rate blue book reimbursement rates. Multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. The arhca equipment rental rates guide provides users with up to date, accurate information on equipment rental rates. 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.
Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. If it has any similarities to the usace construction equipment ownership and operating expense schedule ep 111018, there is an adjustment for depreciated equipment. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Miscellaneous equipment rental rates are updated daily. Stafford disaster relief and emergency assistance act, 42 u. There are also other possible adjustments for severity of the conditions, actual purchase prices, etc. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. This is the standard fhwa recommended reference for rental rate calculations. 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.
How to set an internal rate construction equipment. I verify the labor rate from certified payrolls and materials from invoice prices. 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. The blue book for costplus, force account, and ownership and operating cost reimbursement. 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. Blue book bc road builders and heavy construction association. Past records show that depending on the manual used, the rental cost for the same piece of equipment. The hired equipment program distributes available work to local equipment owners. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period. Miscellaneous equipment rental rate information caltrans.