Industry source of regional, categorized construction information and is available in print and online. Primedia announces complete new suite of electronic products. Oct 28, 2011 the blue books for construction equipment 2008. All costs associated with the assembly and disassembly of the equipment for the transport should also be considered in the mobilization costs. When operating a heavy equipment rental business, rates. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. The hustle and bustle of shoppers, the sounds of metal blades scr. Jun 28, 2007 value lookup for heavy equipment similar to kelley blue book. Best sites about blue book rental rates construction equipment. Some equipment is depreciated on an operating hours basis, for example.
This is the standard fhwa recommended reference for rental rate calculations. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. Equipmentwatch launches aed green book online edition. Reimbursable rates at the program or project level do not have to come from the same guide. 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. Force account the force account agreement specifies the labor rates, material costs, and equipment rates to be used. Introduction to cost recovery rental rate blue book the rental rate blue book is a comprehensive guide to cost recovery for construction equipment. The contractor should not be charging you rental rates out of the blue book. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment. The blue book for costplus, force account, and ownership and operating cost reimbursement. Determination of construction equipment rental rates in. 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.
Covers all major types of equipment typically used on commercial construction projects, and illustrates the operational capabilities of each type with numerous figures. The standard reference for rental rates on all classes of construction and equipment, volume 1. 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. New online database of construction equipment rental rates offers powerful, interactive features. Equipment rental rates federal highway administration. Jun 29, 2004 primedia announces complete new suite of electronic products for construction industry. Industry experts and association members have been consulted to. This is the standard fhwa recommended reference for.
Monthly, weekly, hourly rates on all classes of construction equipment. For items not referenced in the rental rate guide, odot contract rates were. The national agreement for the engineering construction industry naeci. Equipment rental rates for contractor owned equipment. Sep, 2012 some equipment is depreciated on an operating hours basis, for example. 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 for the. These rates are derived from cost formulas and factors. 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. Build relationships and leverage tech to win more work. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. With an online subscription to aed green book, users will also have free access to.
Construction equipment rates contract pricing including. Heavy equipment rentals include bulldozers, backhoes, large dieselpowered dump trucks, frontend loaders and other large construction and commercial equipment. Quick reference guide equipment rental rates from blue book. The hourly equipment rental rate schedules are for equipment either owned by a local government,or private company. The intent of the contract is to provide for the construction and completion in. There is a place i use to check all the prices of my used equipment. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. In addition to the blue book and the corps of engineers rates, the associated equipment distributors aed publishes a rental rate guide and the associated general contractor of america agc publishes an equipment ownership guide which has rates for owned equipment. This will be in addition to applicable rates for the hauling equipment. Miscellaneous equipment rental rates are updated daily and available on the internet at. If a rental rate blue book for construction equipment vendor has an availability request, fill. Standby rates should be used for equipment while being hauled to the project.
Rates listed in the rental rate blue book are intended as a. Mar 02, 2020 ill never forget my time in new york treated like a king. Rental rate blue book now posted on the portal page cost savings. If localities have not developed their own rates, we recommend using of the following. The naeci 2019 2020 is available as a free pdf see item below and in.
Used equipment prices equipment blue book equipmentwatch. 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. Vdot no longer develops equipment rental rates for the commonwealth. In the late 1970s, the tandy center shopping mall in downtown fort worth, texas, was booming. Construction equipment rates contract pricing including cas. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. Search the blue book online and you will find over 800,000 company listings. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Jul 14, 2008 rental rates are established based on the equipment rental guide, also referred to as the blue book. 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. 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. The purpose of this memorandum is to notify all field personnel of the new equipment watch website and to direct them to watch the supplemental ondemand training video. Equipment rental rates are available on the internet at. Direct repair, indirect repair and storage, operating and depreciation.
Determination of construction equipment rental rates in force. Crown publications online catalogue equipment rental. Rental rate blue book cost recovery equipmentwatch. The blue book building and construction network company info. Equipmentwatch, a leading provider of data, software and insights for the heavy equipment industry, has expanded its rental rate blue book and internal. The old saying that time is money is perhaps no truer anywhere than in the construction industry. The use of privately owned equipment is to be approved on a. He should also perform a quality assurance check of the pay quantities and asconstructed plans. 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. The blue book network guide to construction costs 2016 is a practical resource for all your construction estimating needs. 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. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates.
Since 19, the blue book building and construction network has been a trusted source for information. Up to date information everyone in dot has access a fully updated hard copy will be maintained in the construction unit. The adoption of contractor owned equipment rental rates must be a state decision as the recognition of an approved rate may also be used in rental rates, construction contracts, force. The bluebook pro estimator has leveled the playing field, enabling contracting companies of all sizes to create accurate and professional looking estimates. Value lookup for heavy equipment similar to kelley blue book. Click here to download 9 ways to connect, communicate and collaborate with blue book network subcontractors today. Equipment rental rates and labor surcharge caltrans.
I was wondering if there is a similar website to for heavy equipment bulldozers, loaders, skidders, etc. A legacy of purpose, passion and playing it straight if you are reading this, you probably have benefited in some way by jims desire. One possible issue that may come into play if we accept this method is that some of the indirect costs published in the blue book may also be listed in field or general oh. Session o2 explains what role the hourly rate plays in an equipmentusing company, and how the rate should handle transactions. 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. Volume 3, for equipment 11 to 20 years old dataquest. Free pdf viewer free ms word viewer free excel viewer.
Best sites about equipment rental rates blue book 2019. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. Federal claims court approves contractors use of blue book. Equipmentwatch expands rental rate blue book, internal. It provides clear, concise explanations of concepts, supported by detailed example problems and realistic exercises, and requires only limited knowledge of construction equipment. The wheels of local government turn slowly, and the longer it takes for a project to make its. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Equipmentwatch, formerly known as the rental rate blue book, provides database information for the construction equipment industry and is a leader in heavy construction.
The arhca equipment rental rates guide provides users with up to date, accurate information on equipment rental rates. 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. Whether the job is for general construction, remodeling, building maintenance, or repair, the blue book network guide to construction costs provides the most accurate and uptodate data for material and installation costs, labor and equipment rates, and even adjusted. The rental rate blue book is the only commercial equipment rate. Equipment rates based on commissioners rental schedule list any additions to the 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 related ownership and operating costs.
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. Army corps of engineers manual, construction equipment ownership and operating expense schedule. Rental rate blue book equipment cost recovery equipmentwatch. Call each rental rate blue book for construction equipment and ask those difficult questions.
The ministry determines annual rates for the guide based on input from the b. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. They represent the average prevailing at the state of new york at the time data was collected. These rates are derived from cost formulas and data developed by equipmentwatch and from analytic methods used in the construction. This reduced rate is intended to cover the contractors ownership costs less major. Force account work is not a preferred option due to the increased. The use of blue book rates and other similar manuals to compute the extended operating costs of contractorowned equipment has been. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable. 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. Equipmentwatch, the 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 over 22,000 models, a new record for the equipmentwatch cost products. This check may be made by another resident engineer or at the division office and should have all check marks identified by blue pencil or blue ink. Equipmentwatch launches new search experience for its web app.
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. The use of privately owned equipment is to be approved on a casebycase basis by the. The blue books for construction equipment 2008 for. Equipmentwatch provides local government accurate used equipment prices to make better buy and sell decisions.
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. Equipmentwatch, a leading provider of data, software and insights for the heavy equipment industry, has expanded its rental rate blue book. The 24th edition of the acel equipment guidebook has been updated to conform to the volatility of the changing market. Department projects that are partially or wholly funded by or for the department a royaltyfree. 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. 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. Stafford disaster relief and emergency assistance act, 42 u.
The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Rental rate blue book the blue book for costplus, force account, and ownership and operating cost reimbursement. The standard reference for rental rates on all classes of construction and. All other provisions of the agreement remain in place. Customers now have access to both nationally benchmarked and usercustomized charge rates. 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. Equipmentwatch expands rental rate blue book to include. Arhca releases updated equipment rental rates guide rma.
Can tou tell i enjoyed my experience with the blue book construction network. Read, highlight, and take notes, across web, tablet, and phone. Local assistance division business virginia department of. Federal claims court approves contractors use of blue book rates to calculate of standby equipment costs in constructive change claims against the navy construction co, inc. Construction equipment or the rental rate blue book for older. Search for rental rate blue book for construction equipment vendor from the menu selections of the home page 3. The initials of the individual making the check marks should be placed on the title sheet and on the. Engineering construction industry sometimes referred to as the blue book, or the naeci.
If you get the chance bring your a game and stay on top of it you will be glad you did. Theyll show you where they got all their information and make sure you understand how they priced it. Equipmentwatch expands data on rates and charges rental. Instantly access the rental rate blue book reimbursement rates. 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. For questions or more information, feel free to contact sam morrison at 61427535, email.
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