The fhwa federal highway administration has approved the use of rental rate blue book on federally funded projects. 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. Blue rentals ocean view vacation rentals in waikiki. Rental rate blue book dataquest inc, rental rate blue book by dataquest inc. The use of privately owned equipment is to be approved on a casebycase basis by the. Download the resource guide for more information on webinars, seminars, events and selfstudy courses or contact your regional manager at 6305740650. Construction equipment rates contract pricing including cas. Numerous and frequentlyupdated resource results are available from this search. 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.
Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. Equipmentwatch expands rental rate blue book to include. I compare the equipment rates with local rates andor national blue book rates to determine reasonableness. 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. Monthly, weekly, daily, hourly rates on all classes of construction equipment. Volume 3, for equipment 11 to 20 years old dataquest. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Equipment rental and wage rates agreement north dakota department of transportation, construction services sfn 890 62017 contractor project number sub contractor project control number force account number description of force account work. No low equipment rates based on commissioners rental schedule list any additions to the equipment.
For items not referenced in the rental rate guide, odot contract rates were. Operator, fuel and maintenance charges shall be as stated in section 2. Providing a searchable online advertising website and informational guide. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Search for rental rate blue book for construction equipment vendor from the menu selections of the home page 3. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments. Customers now have access to both nationally benchmarked and usercustomized charge rates for this new category of equipment. To find more books about dataquest rental rate blue book, you can use related keywords. The perfect vacation spot with a family feel, needle rush point offers complimentary boat storage and docks for our guests. Use of blue book rates is subject to the same conditions which apply to. Commercial contractors equipment the blue book building. For the hourly and non metered equipment, the standard rate was derived from the rental rate blue book for construction equipment. The united kingdom statistics authority has designated these statistics as national statistics, in accordance with the statistics and registration service act 2007 and signifying compliance with the code of practice for official statistics.
Commercial contractors equipment the blue book building and. From this table it can be seen that rental rates for the same piece of equipment may vary from 10 to over 400 percent, depending on the rental rates guide used. The fdot currently uses two methods to establish reimbursement of equipment costs. The colorado department of transportation maintains procedures for determining equipment rental costs which are reimbursable to contractors performing force account work on cdot construction projects.
Monthly, weekly, hourly rates on all classes of construction equipment. Equipmentwatch produces the leading database information products for the heavy equipment industry and is the world leader in heavy construction research. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. You should use the rental rate blue book for your igce and to test the reasonableness of the proposed charge. Rental rate blue book trademark of informa business media. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. It does not make sense to adjust a rental rate for the depreciated value of an owned piece of equipment, which if i understand your question.
The blue book for costplus, force account, and ownership and operating cost reimbursement. Army corps of engineers manual, construction equipment ownership and operating expense schedule. Rental rate blue book cost recovery equipmentwatch. Rental rate blue book equipment cost recovery equipmentwatch. Local assistance division business virginia department. Relax and enjoy the beautiful sunset from our observation pier overlooking the serene setting of ole river while watching the dolphins put on a show, or get out your fishing pole and catch some of the fish that make the gulf coast so popular. Rental rate blue book rental rate blue book for construction equipment. The state must make the determination that the equipment rental rates developed or adopted fairly estimate a contractors actual cost to own and operate the.
Is there a source website where i can research rental rate data. In the late 1970s, the tandy center shopping mall in downtown fort worth, texas, was booming. Rental rate blue book trademark equipment guidebook. A state may, subject to the fhwas concurrence, adopt the dataquest rental rate blue book blue book or another industry rate guide, or it may develop its own guide. That means the contractor has submitted an hourly rate for labor, equipment rates and material prices. Fair market rent by zip code accurate rental price data. The use of privately owned equipment is to be approved on a casebycase basis by. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. This is the standard fhwa recommended reference for rental rate calculations. Blue book for railroad equipment and rental rate blue book, developed by dataquest. Direct repair, indirect repair and storage, operating and depreciation. If localities have not developed their own rates, we recommend using of the following. Fuel, oil, and lubrication function of site efficiency and operating conditions sources of equipment costs cost reference guide for construction equipment, dataquest inc.
It does not make sense to adjust a rental rate for the depreciated value of an owned piece of equipment, which if i understand your question correctly you seem to be suggesting. If a rental rate blue book for construction equipment vendor has an availability request, fill. Effective january 1, 2018 through december 31, 2018. Of the 52 state departments of transportation, 47 use the blue book published by dataquest. Stafford disaster relief and emergency assistance act, 42 u. Dataquest rental rate blue book for construction equipment. For items not referenced in the rental rate guide, odot contract rates were applied.
Online buyers guide service providing information in the field of construction equipment values. The hustle and bustle of shoppers, the sounds of metal blades scraping swiftly across the ice skating rink and the foot traffic of employees from the. Vdot no longer develops equipment rental rates for the commonwealth. 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. Cost reference guide for construction equipment primedia. Operating rate depreciation rate motor pool only replacement rate mile or hour rate monthly depreciation mini pass. 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 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. Our online and print products are valuable tools in decisions surrounding the purchase, valuation, operation, and disposal of equipment.
Each rate covers all costs eligible under the robert t. Mail stop 692, fax number 65664677, central office s. 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. Rental rate blue book for construction equipment, 4.
Rental rate blue book is a trademark by equipment guide book company, this trademark has a nationality of california in the united states. Is it possible to subscribe to the information monthly vs. The full unadjusted base rental rate for the applicable item of 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. Operator, fuel and maintenance charges shall be as stated in section 3. Maintenance and repair function of condition of use 4. Filed in september 23 2015, the rental rate blue book covers online business directories featuring a searchable price guide database of construction equipment values. Equipment manager ownership, operating costs rental. The deciding issue for me to vote for the fhwa is simplicity. 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 most common application is in force account work and for federally funded projects. I rarely raise rents in my units and usually wait until a vacancy occurs, research rental rates via craigslist, etc, and then rent for whatever the market will bring.
We concur in this practice and encourage all states to preclude use of a premium rate for contractor furnished equipmentrentals. Equipmentwatch serves over 15,000 professional, highvolume users of construction and lift truck data. Workforce development an industry top priority get involved participate in an active aed local group work with local colleges. Instantly access the rental rate blue book reimbursement rates. Determination of construction equipment rental rates in. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. 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. Enjoy your vacation in hawaii in our spacious studios, all with gorgeous ocean views. 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. Oclcs webjunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus. Call each rental rate blue book for construction equipment and ask those difficult questions. For the hourly and non metered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. 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.
Cdot erosion control and storm water quality guide and pocket book, 6. Local assistance division business virginia department of. The cost of the rental rate blue book purchase can be paid for using maintenance funds. Thus, federalaid participation shall be limited to either the monthly rates set forth in the approved rental guides or to hourly rates obtained by dividing the monthly rate by 176. 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. States generally base rental rates on standard rate guides almost all the states use one of the standard rate guides. Cost reference guide for construction equipment, mpp cost reference guide for construction equipment, mpp. 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. Construction equipment rates contract pricing including. For the hourly and nonmetered equipment, the standard rate may be derived from the rental. All other provisions of the agreement remain in place. Provide hourly ownership and operating costs rental rates blue book, dataquest inc.
Quick reference guide equipment rental rates from blue book. The standard reference for rental rates on all classes of construction and equipment, volume 1. Get an indepth look at what the associated equipment distributors offers by viewing our 2020 resource guide. Reliable information about the coronavirus covid19 is available from the world health organization current situation, international travel. 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. At present, the majority of state highway agencies 76 percent use the blue book of nationwide averages of rental rates as. Among the standard guides used are the rental rate blue book, commonly referred to as the blue book, published by dataquest, a inc.
Description of changes to actual and imputed rental in blue book 2017. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Located in the heart of waikiki, just 2 min walk from waikikis beach, our hawaii vacation rentals are surrounded by world class dinning, shopping and activities. 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. Leverage rental rate blue book rates for owned equipment usage. Sep, 2012 you should use the rental rate blue book for your igce and to test the reasonableness of the proposed charge. I verify the labor rate from certified payrolls and materials from invoice prices. The hourly blue book rate is approximately 15 % of the daily rate, based on the loss of roughly 80 hours during a. Fhwa federal highway administration has limited their participation in matching funds with state highway agencies using rental rate blue book to the monthly. The fhwa rate is an hourly rate based on monthly rental rate blue book data divided by.
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