Customers now have access to both nationally benchmarked and user customized charge rates for nearly all types of models available in the. However, rates prevailing in other states can be found by applying the corresponding area modification factor. When the equipment is not in use, this item should be charged at 50% of the rental rate blue book. Mar 2011 posts 145 thanks 21 thanked 67 times in 49 posts. May 15, 2017 construction equipment ownership and operating expense schedule table of contents.
The office of equipment management calculates standard equipme nt rates for the ohio department of transportation odot. No low equipment rates based on commissioners rental schedule list any additions to the equipment. Value lookup for heavy equipment similar to kelley blue book. Let kelley blue book help you understand a cars 5year cost to own beyond its purchase price when you consider outofpocket expenses like fuel and. The developer of the blue book accumulates all contractor costs for owning a piece of equipment on an hourly basis. You must have established an account or a deposit will be required. Force account work is not a preferred option due to the increased level of monitoring required. Particular attention should be given to the surveyors vehicle.
Equipment rental rates and labor surcharge caltrans. Each rate covers all costs eligible under the robert t. 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. Kelley blue book used car guide julyseptember 2011. The blue book adjusted rates cover all eligible equipment related costs. For any equipment not listed in the blue book, rental rates will be agreed to in writing prior to the use of such equipment on force account work or paid for by invoices. Force account the force account agreement specifies the labor rates, material costs, and equipment rates to be used. 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. Allowable rates for owned equipment not listed in blue book. Primedia announces complete new suite of electronic. 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. These rates are utilized internally at odot and are viewed and used by other state and local government agencies. Looking for grounds maintenance equipment blue book.
Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. Information regarding the use of the schedule is contained in 44 cfr 206. 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. That means the contractor has submitted an hourly rate for labor, equipment rates and material prices. For any equipment not listed in the blue book, rental rates will be agreed to in writing prior to the use of such equipment on.
Cost code equipment specification capacitysize hp notes unit rate. When the equipment is in use performing overhead work, this item should be charged at 100% of the rental rate blue book plus operating costs. Equipment rental rate calculator frequently asked questions. Physical infrastructure, equipment and safety for teacher training unit enhanced. 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. 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. 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. 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. These costs include the labor and equipment to deliver these items to. 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. Used equipment prices equipment blue book equipmentwatch. Asset types truck trailer auto marine powersport rv grounds. I compare the equipment rates with local rates andor national blue book rates to determine reasonableness. Audi, lexus and cadillac top the luxury listings, while kia, hyundai and honda lead all mainstream brands for.
The following rates are for contractor owned equipment used on force account or for cost analysis to establish an agreed unit price or lump sum for extra work. The standard reference for rental rates on all classes of construction and equipment, volume 1 equipmentwatch, 2005. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. Primedia announces complete new suite of electronic products. The leading grounds and agriculture asset data available. Here in mi i use price has been determined on a force account basis, detailed records are in the file. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month. Now kelley blue book has picked the brands with the lowest total cost of ownership. 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 use of privately owned equipment is to be approved on a. 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.
Instantly access the rental rate blue book reimbursement rates. Grounds data, values prices api, databases price digests. In comparison to the boxster and boxster s, the spyder is a completely different animal. The rates shown herein were derived from the rental rate blue book for construction equipment.
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. Rental rate blue book equipment cost recovery equipmentwatch. Consumer edition, apriljune 2011 kelley blue book on. Price digests vin decoding vehicle data truck blue book. Therefore, they are considered to be the maximum eligible rates for federalaid participation purposes. 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.
Six unrwa staff have been killed since the start of the conflict in 2011, not to speak. 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 fhwa rate is an hourly rate based on monthly rental rate blue book data divided by. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. 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.
The bluebook pro estimator has leveled the playing field, enabling contracting companies of all sizes to create accurate and professional looking estimates. Commercial contractors equipment the blue book building. The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. The 2011 chevrolet equinox ranking is based on its score within the 2011 affordable compact suvs category. Local highway agencies may use rates from the soaaeoe or the rental rate blue book for force account work on their projects or for equipment rental on motor fuel tax funded day labor work, on federal disaster.
Crown publications online catalogue equipment rental. The use of privately owned equipment is to be approved on a casebycase basis by the. Additional guidance on 23 cfr 635 a contract administration. They represent the average prevailing at the state of new york at the time data was collected. Higher hourly cost compensation for heavy equipment used in. Determination of construction equipment rental rates in. Paul, mn 551551800 6512963000 tollfree 8006573774 upon request, information on this website is available in alternate formats by calling 65664718 or emailing adarequest. We recognize that time is money for owner, contractor, and the public.
This is the standard fhwa recommended reference for rental rate. The deciding issue for me to vote for the fhwa is simplicity. When operating a heavy equipment rental business, rates are determined based on the profit the owner desires over a two to fouryear period. Stafford disaster relief and emergency assistance act, 42 u. A boom truck is a required workhorse for the heavy lifting tasks required in tower erection, from assembling sections, setting the first stick or safely and profitably managing the heavy lifting and transporting of everything from bts cabinets to transmission line reels. 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.
Mail stop 692, fax number 65664677, central office s. Labor costs of operator are not included in the rates and should be approved separately from equipment costs. 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. Our 40 years of experience in bringing customers valuable information in such industry standards as rental rate blue book ownership and operating. The porsche boxster has always been a favorite its luxurious, powerful and the perfect companion on the race track. The blue books for construction equipment 2008 for. I am surprised kbb or black book doesnt have a guide. There is no such thing as a blue book or book value in heavy equipment. May 01, 2020 the division of construction is a results driven engineering organization that prides itself on timely project completion.
Kelley blue book used car guide julyseptember 2011 kelley blue book on. The blue book for costplus, force account, and ownership and operating cost reimbursement. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. Rental rate blue book cost recovery equipmentwatch.
The fdot currently uses two methods to establish reimbursement of equipment costs. Equipmentwatch expands rental rate blue book, internal charge. 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. It is suitable in cases when an agreement cannot be reached regarding the scope of work and the amount of payment. Crown publications online catalogue equipment rental rate guide. These rates are derived from cost formulas and factors. The division of construction is a results driven engineering organization that prides itself on timely project completion. This is the standard fhwa recommended reference for rental rate calculations. A leader since 1964, our outdoor power asset values make profitable decisions easy. 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. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins.
With the introduction of the 2011 boxster spyder, porsche has revolutionized the boxster lineup. The models shown should be considered typical and their. Femas schedule of equipment rates cost code equipment specification capacitysize hp notes unit rate 8 boat, row heavy duty. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. The office of equipment management calculates standard equipme nt rates for the ohio department of. Sep 2011 location chesterfield posts 29 thanks 1 thanked 1 time in 1 post. Equipment that is not in good working condition or is not of proper size for efficient performance of the work may be rejected by the epm.1430 1470 129 1501 749 225 1032 1313 524 119 1079 39 1264 558 1456 69 590 859 595 1394 1394 1435 1618 468 111 1345 356 724 674 430 20 146 378 514 199 692 1272 1219 48