Search the blue book online and you will find over 800,000 company listings. Best sites about blue book rental rates construction equipment. Determination of construction equipment rental rates in force. All other provisions of the agreement remain in place. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period.
The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. The blue book network contractors register salaries. Please take the necessary steps to assure that predetermined equipment usagerental rates used by the shas within your region comply with federal cost principles. I am surprised kbb or black book doesnt have a guide. Mail stop 692, fax number 65664677, central office s. There is no such thing as a blue book or book value in heavy equipment. Access targeted project opportunities with the bidscope project manager.
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. Bidscope is the blue book networks powerful project search engine that allows you to connect to the companies and the people behind the projects. 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. Search for rental rate blue book for construction equipment vendor from the menu selections of the home page 3. Call each rental rate blue book for construction equipment and ask those difficult questions. Construction equipment rates contract pricing including. 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. No low equipment rates based on commissioners rental schedule list any additions to the equipment. It should also be noted that force accounts typically place greater demands on the time of the project staff when compared to a bilateral work order. Sep, 2012 some equipment is depreciated on an operating hours basis, for example. Determination of construction equipment rental rates in.
Rental rates can also be treated as reimbursement costs for contractorowned. Stafford disaster relief and emergency assistance act, 42 u. The old saying that time is money is perhaps no truer anywhere than in the construction industry. 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. Oct 28, 2011 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. 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. We recognize that time is money for owner, contractor, and the public. For items not referenced in the rental rate guide, odot contract rates were.
Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Accurate, reliable salary and compensation comparisons for united kingdom. Session o2 explains what role the hourly rate plays in an equipment using company, and how the rate should handle transactions. The fdot currently uses two methods to establish reimbursement of equipment costs. 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. Instantly access the rental rate blue book reimbursement rates. To evaluate the cost components involved in the cal culation of construction equipment rental rates. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. Paul, mn 551551800 6512963000 toll free 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. Primedia announces complete new suite of electronic. The blue book building and construction network company info.
Here in mi i use price has been determined on a force account basis, detailed records are in the file. Salaries posted anonymously by the blue book network contractors register employees. I compare the equipment rates with local rates andor national blue book rates to determine reasonableness. The bluebook pro estimator has leveled the playing field, enabling contracting companies of all sizes to create accurate and professional looking estimates. I signed on with the blue book four 4 years ago in an effort to get my company more exposure in the construction industry. 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 by primedia, inc.
Finally, the parties disputed whether it was appropriate to make an adjustment for the blue book rates for the location of the work. 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. Customers now have access to both nationally benchmarked and usercustomized charge rates for this new category of equipment. These rates are derived from cost formulas and data developed by equipmentwatch and from analytic methods used in the construction industry. Some equipment is depreciated on an operating hours basis, for example. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. A free inside look at the blue book network contractors register salary trends based on 87 salaries wages for 37 jobs at the blue book network contractors register. 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.
Direct repair, indirect repair and storage, operating and depreciation. The shas which use the blue book and other rate methods should modify the equipment rates before they are applied to federalaid projects. Rental rate blue book equipment cost recovery equipmentwatch. Taking advantage of available technology and working to meet the changing needs of the commercial construction industry, the blue book network is fast becoming the leading provider of information, communication and marketing solutions.
The principle of equipment rental rate guides for contractor owned equipment is that they should fairly. Federal claims court approves contractors use of blue book. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Read, highlight, and take notes, across web, tablet, and phone. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. This is the standard fhwa recommended reference for. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. 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.
Crown publications online catalogue equipment rental rate guide. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. The use of privately owned equipment is to be approved on a casebycase basis by the. If he is using owned equipment that has been fully depreciated on the company books, then you should negotiate a nominal but reasonable price for using the equipment plus operating costs. 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. 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. Blue book rental rate blue book for construction equipment published by equipment watch, a premedia business directories and book group. This is the standard fhwa recommended reference for rental rate calculations. The arhca equipment rental rates guide provides users with up to date, accurate information on equipment rental rates. The blue books for construction equipment 2008 for. Equipmentwatch adds pickup trucks to rental rate blue book. The division of construction is a results driven engineering organization that prides itself on timely project completion. The objectives of the research program were as follows. Best sites about equipment rental rates blue book 2019.
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. Rates listed in the rental rate blue book are intended as a. Equipment costs monthly equipment rate table cost per. Apr 21, 2020 construction hourly rate get a free salary comparison based on job title, skills, experience and education. Quick reference guide equipment rental rates from blue book. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. 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. Construction ownership, operating costs rental rate blue book. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. Equipment rental rates contract administration construction.
A formula for construction equipment cost recovery for. 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. Crown publications online catalogue equipment rental. 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. Since 19, the blue book building and construction network has been a trusted source for information. Change order or contract change order a written order signed by the engineer, issued with or without the consent of the contractor, directing changes. This reduced rate is intended to cover the contractors ownership costs less major overhaul and. These rates are derived from cost formulas and factors. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. Arhca releases updated equipment rental rates guide rma. General conditions for washington state facility construction.
The blue book for costplus, force account, and ownership and operating cost reimbursement. For questions or more information, feel free to contact sam morrison at 61427535, email. Since 1981, it has provided heating, ventilation and air conditioning hvac installation and repair for residential, commercial and new construction projects from broward spring2019 both. With an online subscription to aed green book, users will also have free access to specfinder, a topranked equipment specification database of over 8,000 pieces of heavy machinery.
These rates were computed by using 2017 actual expenses of county road commissions, plus a. Each rate covers all costs eligible under the robert t. 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. That means the contractor has submitted an hourly rate for labor, equipment rates and material prices. Multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Method for determining equipment rental rates for the state. The use of privately owned equipment is to be approved on a. The rates on this schedule of equipment rates are for applicant. Construction equipment rates contract pricing including cas. Construction support claims engineer office of construction mail stop 650 395 john ireland blvd st paul, mn 551551800 65664219 o attachments.
Used equipment prices equipment blue book equipmentwatch. These rates were computed by using 2016 actual expenses of county road commissions, plus a. York state office of general services heavy equipment rental standby contract or the current rental rate blue book for construction equipment by. Rental rate blue book cost recovery equipmentwatch. Construction hourly rate in united kingdom payscale. Where possible, these rates are based on averages of the cost owning and operating equipment as presented in the construction equipment cost reference guide published by primedia, inc. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment.
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. Contract documents and is free of any defect in equipment, material. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. 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. The equipmentwatch rental rate blue book shall be used as a. Equipmentwatch expands rental rate blue book to include. The rental rate blue book is the only commercial equipment rate. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. I was under the impression that blue book was a big name in the industry, so i was willing to fork over the 10 grand a year in advertising fees. If a rental rate blue book for construction equipment vendor has an availability request, fill. Construction equipment rental rates represent a considerable portion of the costs incurred by contractors when submitting claims for force account work to the florida department of transportation fdot.
Industry source of regional, categorized construction information and is available in print and online. The contractor should not be charging you rental rates out of the blue book. Introduction the equipment in this equipment rental rate schedule is listed according to either typeand specification or makeandmodel for most basic size categories. The standard reference for rental rates on all classes of construction and equipment, volume 1. 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. Equipmentwatch launches aed green book online edition. Further, the court noted that the blue book rates used by metric for its older equipment sufficiently took into account its age and the depreciation due to its age. The fhw a has issued a policy guidance to ensure that pre determined equipment rental.