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 of. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. For items not referenced in the rental rate guide, odot contract rates were. The use of privately owned equipment is to be approved on a casebycase basis by the. Local assistance division business virginia department. Mail stop 692, fax number 65664677, central office s. 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.
Rental rate blue book equipment cost recovery equipmentwatch. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Best sites about equipment rental rates blue book 2019. 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. Past records show that depending on the manual used, the rental cost for the same piece of equipment. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. 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. You must have established an account or a deposit will be required. Crown publications online catalogue equipment rental rate guide. For items not referenced in the rental rate guide, odot contract rates.
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. Equipmentwatch adds pickup trucks to rental rate blue book. 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. Primedias rental rate bluebook software and downloads. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Direct repair, indirect repair and storage, operating and depreciation. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Equipment rental rates and labor surcharge caltrans. May 01, 2020 the division of construction is a results driven engineering organization that prides itself on timely project completion. This reduced rate is intended to cover the contractors ownership costs less major overhaul and. Slabsongrade, massive feed pads and industrial floors might look like simple concrete systems to most, but for dylan milis, these vital pieces of infrastruct. 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. The shortterm equipment rental rate calculator is an excel worksheet that allows you to calculate what to charge for shortterm equipment rentals.
Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. A majority of states do not allow the use of premium rates on equipment rentals. Vdot no longer develops equipment rental rates for the commonwealth. 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. Bidscope is the commercial construction industrys most extensive, highly targeted project database. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. Blank template to be amended and used for rent book. Add tags for rental rate blue book for 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. If localities have not developed their own rates, we recommend using of the following. Blue book equipment rental rate guide, which shows the true costs of operating construction equipment. 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.
Its what blue book network premier members use to quickly drill through thousands of projects to find. Paul, mn 551551800 6512963000 toll free 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. Download a free monthly report of key market performance indicators. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. If you would like to download your cost recovery rates, you can click the download button at the top right corner of the page.
Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. As a vip member, you can also download unlimited books in the mobipocket and epub formats, get first access to new books, priority customer service, and storage space for your favorite books. To clear it up a bit, what im looking for is a price list as to what a contractor would charge a. Download a free quarterly report of rental rate trends. The blue book network can help you build relationships with the companies. The standard reference for rental rates on all classes of construction and equipment, volume 1. The standard reference for rental rates on all classes of heavy construction equipment.
Effective january 1, 2018 through december 31, 2018. This is the standard fhwa recommended reference for rental rate calculations. 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. The cost of the rental rate blue book purchase can be paid for using maintenance funds. The rental rate blue book is the only commercial equipment rate schedule tested and approved by the federal highway administration fhwa as an acceptable. 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. These rates were computed by using 2016 actual expenses of county road commissions, plus a. Lift capacity 36000 lb add to truck rate for total rate. If you would like to download your cost recovery rates, you can click the. These rates are derived from cost formulas and factors. Crown publications online catalogue equipment rental. Quick reference guide equipment rental rates from blue book. Read, highlight, and take notes, across web, tablet, and phone. The best websites for finding, downloading, borrowing.
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. Rental rate book 04012009 through 09302009 pdf equipment rental rates effective from 04012009 through 09302009 csv users guide for labor surcharge and equipment rental rates. The blue book for costplus, force account, and ownership and operating cost reimbursement. 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.
Premium annual report featuring residual values for the top equipment types and models. Rental rate blue book cost recovery equipmentwatch. 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 division of construction is a results driven engineering organization that prides itself on timely project completion.
Best sites about blue book rental rates construction equipment. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. Each rate covers all costs eligible under the robert t. Instantly access the rental rate blue book reimbursement rates. 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. A formula for construction equipment cost recovery for. Click here to download 9 ways to connect, communicate and collaborate with. Most dots use rental rate manuals to determine equipment reimbursement. Determination of construction equipment rental rates in.
We recognize that time is money for owner, contractor, and the public. Cdot erosion control and storm water quality guide and pocket book, 6. Arhca releases updated equipment rental rates guide rma. Determination of construction equipment rental rates in force.
Stafford disaster relief and emergency assistance act, 42 u. Lift capacity 60000 lb add to truck rate for total rate. The most popular version of this product among our users is unknown. Lift capacity 24000 lb add to truck rate for total rate. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. Download shortterm equipment rental rate calculator. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. 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. The blue book as well as several other industry rite guides have developed premium rates for periods of equipment use less than the standard 176 hours per month.
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. 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. The name of the program executable file is bluebook. 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. Search bidscope to find the private and public projects your company needs, from the decisionmakers you want to build relationships with.
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