All other provisions of the agreement remain in place. Determination of construction equipment rental rates in. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. If localities have not developed their own rates, we recommend using of the following. 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 blue book equipment rental rate guide is published annually by the bc road builders and heavy. Kelley blue book highlights the 10 best lease deals for. No low equipment rates based on commissioners rental schedule list any additions to the equipment.
Construction equipment rates contract pricing including cas. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Our proprietary model is built on actual dealer sales transaction data and refined through careful analysis of how options, characteristics, usage, and customization impact value. For two years running, kelley blue book s ranked highest in its category for brand equity and was named online auto shopping brand of the year in the 2012 and 20 harris poll equitrend. Nationwide even international crane rental and sales. Used equipment prices equipment blue book equipmentwatch. Since 1926, kelley blue book has been one of the most trusted names in the auto industry. These costs are then prorated over the months that the equipment is normally expected to work. The blue books for construction equipment 2008 for. The rental rate blue book is the only commercial equipment rate schedule tested and approved by the federal highway administration fhwa as an acceptable. This reduced rate is intended to cover the contractors ownership costs less major overhaul and.
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. Quick reference guide equipment rental rates from blue book. Cdot erosion control and storm water quality guide and pocket book, 6. 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. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. Instantly access the rental rate blue book reimbursement rates. Commonly known as the blue book, this heavy equipment rental rate guide is.
Rental rates for heavy construction equipment rental rates for off road articulated trucks, excavators, long reach excavators, excavators with hammers, excavators with shears, dozers, crawler loaders, wheel loaders and tool carriers, soil compactors, backhoes, dumpers, rough terrain cranes, hydraulic truck cranes, lattice boom crawler cranes. Smartgrade integrated on the 333g is a first for compact equipment, and 3way powerangletilt attachment for the biggest ctl is the first purposefit dozer for deere ctls john deere march 16, 2020. The developer of the blue book accumulates all contractor costs for owning a piece of equipment for an entire year. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins.
Kelley blue books best buy awards honor the top vehicles in 12 major vehicle categories, as well as an overall best buy of 2018, which is awarded to the newly redesigned 2018 honda accord. Equipment rental rate guide crown publications online catalogue. For items not referenced in the rental rate guide, odot contract rates were. Construction ownership, operating costs rental rate. Smartgrade integrated on the 333g is a first for compact equipment, and 3way powerangletilt attachment for the biggest ctl is the first purposefit dozer for.
This is the standard fhwa recommended reference for rental rate calculations. Rental rate blue book cost recovery equipmentwatch. Equipment values equipment category attachments auctionsservices buildingsbarnsreal estate chemical applicators construction equipment grain handling and storage harvesting hayforage lawn and garden livestockmanurefeeders miscellaneous planting equipment precision ag equipment software recreationalutility rotary cutters and shredders. 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. These rates were computed by using 2017 actual expenses of county road commissions, plus a. Commercial contractors equipment the blue book building. Click here to download 9 ways to connect, communicate and collaborate with blue book network subcontractors today. For two years running, kelley blue books ranked highest in its category for brand equity and was named online auto shopping brand of the. Construction equipment rates contract pricing including. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. Vdot no longer develops equipment rental rates for the commonwealth. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Equipment values equipment category attachments auctionsservices buildingsbarnsreal estate chemical applicators construction equipment grain handling and storage harvesting hayforage lawn and garden livestockmanurefeeders miscellaneous planting equipment precision ag equipmentsoftware recreationalutility rotary cutters and shredders. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process.
When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Kelley blue book new and used car price values, expert. Jun 28, 2007 value lookup for heavy equipment similar to kelley blue book. 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. Get used car pricing and explore thousands of car listings at kelley blue book. 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 equipment rental rate guide is published annually by the bc road builders and heavy construction association, in partnership with the provincial ministry of transportation. 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 use of privately owned equipment is to be approved on a casebycase basis by the. Manufacturers, wholesale auctions, franchised and independent dealers, rental companies and financial institutions are among the data sources used to calculate new and used vehicle prices. 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. Determination of construction equipment rental rates in force. Commercial large rental yard companies that provide az construction rental equipment such as air compressors, generators, mobile scissor lifts, portable floodlights, scaffoldingshoring, temporary climate control equipment, welding equipment, etc. Excavator blue book guide the best sources for finding actual pricing information on excavators are listed below. To determine the exact blue book value for used cars, kelley blue book follows its historical trends, current economic conditions, industry developments, seasonality, and the location of the consumer. Some equipment is depreciated on an operating hours basis, for example. To clear it up a bit, what im looking for is a price list as to what a contractor would charge a. 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. Kelley blue book s best buy awards honor the top vehicles in 12 major vehicle categories, as well as an overall best buy of 2018, which is awarded to the newly redesigned 2018 honda accord.
Kelley equipment company is a crane rental and equipment company servicing the gulf coast region of the united states. Local assistance division business virginia department. 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. Value lookup for heavy equipment similar to kelley blue.
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. Crown publications online catalogue equipment rental. Ironguides delivers the power of precise, streamlined valuations into your hands. Each rate covers all costs eligible under the robert t. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only.
Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. Value lookup for heavy equipment similar to kelley blue book. Search for your next used car at, the site you trust the most. 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. The standard reference for rental rates on all classes of heavy 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. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Rental rates can also be treated as reimbursement costs for contractorowned equipment. The fhw a has issued a policy guidance to ensure that pre determined equipment rental. 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 contractor should not be charging you rental rates out of the blue book. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. Equipment rental rates contract administration construction. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. The industrys trusted source of equipment valuation information. The deciding issue for me to vote for the fhwa is simplicity. 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.
Mail stop 692, fax number 65664677, central office s. 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. Sep, 2012 some equipment is depreciated on an operating hours basis, for example. Additional instruments and test equipment items have been added, as well as, updated list prices for all items. I was wondering if there is a similar website to for heavy equipment bulldozers, loaders, skidders, etc. The principle of equipment rental rate guides for contractor owned equipment is that they should fairly. Similar to nadaguides, values published by kelley blue book rely on a constant flow of pricing information from various industry sources. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. This is the standard fhwa recommended reference for.
Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. These rates are derived from cost formulas and factors. Stafford disaster relief and emergency assistance act, 42 u. Local assistance division business virginia department of. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. Rental rate blue book equipment cost recovery equipmentwatch. Kelley blue book values blue book values kbb vs nadaguides. 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. To find the true price you need to search for equipment that meets you specifications for the jobs you plan and you need to consider your location.
Kelley blue book tracks the consumer sale price each year. The blue book for costplus, force account, and ownership and operating cost reimbursement. This reduced rate is intended to cover the contractors ownership costs less major. Rental rate blue book for construction equipment rental rate blue book. You might say we literally wrote the book on car values. 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. Direct repair, indirect repair and storage, operating and depreciation.
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. Rental rate blue book for construction equipment, 4. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. Kelley blue book highlights the 10 best lease deals for october.
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