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. 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. This online tool is valuable for determining and verifying hourly operating and ownership cost rates for contractor owned equipment. Stafford disaster relief and emergency assistance act, 42 u. The rental rate blue book is the only commercial equipment 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. All other provisions of the agreement remain in place. The use of privately owned equipment is to be approved on a casebycase basis by. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. The standard reference for rental rates on all classes of heavy construction equipment. Should you need a book past the posted rental term, simply contact chegg before the due date for a free extension. Determination of construction equipment rental rates in force account operations for federal and.
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. Past records show that depending on the manual used, the rental cost for the same piece of equipment. Crown publications online catalogue equipment rental. This memorandum also serves to implement equipment watchs rental rate blue book blue book as the source of equipment rates for force account billing. The hourly blue book rate is approximately 15 % of the daily rate, based on the loss of roughly 80 hours during a month when machinery is used on an hourly basis. Determination of construction equipment rental rates in. Operating rate depreciation rate motor pool only replacement rate mile or hour rate monthly depreciation mini pass. Direct repair, indirect repair and storage, operating and depreciation. 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.
These rates are derived from cost formulas and factors. You must have established an account or a deposit will be required. The 24th edition of the acel equipment guidebook has been updated to conform to the volatility of the changing market. 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. Read, highlight, and take notes, across web, tablet, and phone. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. The use of privately owned equipment is to be approved on a casebycase basis by the. A formula for construction equipment cost recovery for. 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. Equipment rental rates and labor surcharge caltrans. The standard reference for rental rates on all classes of construction and equipment, volume 1 equipmentwatch, 2005.
Cdot erosion control and storm water quality guide and pocket book, 6. Both of these publications are researched and published to meet the needs of the. For items not referenced in the rental rate guide, odot contract rates were. Instantly access the rental rate blue book reimbursement rates. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. Rental rate blue book cost recovery equipmentwatch. Each rate covers all costs eligible under the robert t. 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.
Determination of construction equipment rental rates in force. Rental rate guide book for construction equipment blue book, volumes 1, 2 or 3, as applicable, latest editions, adjusted as described in this edsm. 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. The cost of the rental rate blue book purchase can be paid for using maintenance funds.
Multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. The daily blue book rate is approximately 25 % of the weekly rate, based on the loss of roughly 60 hours during a month when machinery is used on a daily basis. Current edition of the rental rate blue book of rental. The blue book equipment rental rate guide is published annually by the bc road builders and heavy. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. The 20192020 edition of the tool and equipment rental schedule includes two new sections of safety items which contains arcrated personal protective clothing and rubber insulating equipment. Most dots use rental rate manuals to determine equipment reimbursement. The rental rate blue book published by primedia information, inc. Industry experts and association members have been consulted to come up with the best possible approach for the computation of. Rate modifications, indicated on regional adjustment maps in the blue book and as applied automatically by the blue book. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Local assistance division business virginia department. Additional instruments and test equipment items have been added, as well as, updated list prices for all items.
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. Equipment costs monthly equipment rate table cost per. Rental rates can also be treated as reimbursement costs for contractorowned. Cdot does not pay for drivecommute time when the work is fore account. Miscellaneous equipment rental rates are updated daily. 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. Current miscellaneous equipment rates csv current miscellaneous equipment rates txt historic miscellaneous equipment rates csv historic miscellaneous equipment rates txt frequently asked questions. Returning textbooks to chegg is also a free service with our prepaid. The blue book for costplus, force account, and ownership and operating cost reimbursement. The departments schedule of average annual equipment ownership expense will no longer be used for t his purpose. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Rental rate blue book for construction equipment, 4.
This reduced rate is intended to cover the contractors ownership costs less major overhaul and. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. 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. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Rental rate blue book equipment cost recovery equipmentwatch.
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. Convenient rental terms whether your college runs on the semester or quarter system, our textbook rentals are available for the duration of that time period. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Rental rate blue book for construction equipment volume 1 the standard reference for ownership and operating rates on. This is the standard fhwa recommended reference for rental rate calculations. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. 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.
Quick reference guide equipment rental rates from blue book. 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. Add tags for rental rate blue book for construction equipment. Paul, mn 551551800 6512963000 tollfree 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. 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. The fdot currently uses two methods to establish reimbursement of equipment costs. Lease plans for new equipment are available for periods in excess of six months, with a percentage of payments applying toward purchase. Miscellaneous equipment rental rate information caltrans.
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