Kelley blue book equipment rental rates

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. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly 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. The blue book equipment rental rate guide is published annually by the bc road builders and heavy. 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. Kelley blue book highlights the 10 best lease deals for. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins. Kelley blue book tracks the consumer sale price each year. The principle of equipment rental rate guides for contractor owned equipment is that they should fairly. For two years running, kelley blue books ranked highest in its category for brand equity and was named online auto shopping brand of the. Equipmentwatch provides data for construction equipment, lift trucks and ag equipment equipment costs, valuesprices, year verification, rental rates. 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. When equipment is idled or on standby in a delay, the specification provides for payment at 50% of the rental rate blue book. For the hourly and nonmetered equipment, the standard rate may be derived from the rental.

The deciding issue for me to vote for the fhwa is simplicity. The use of privately owned equipment is to be approved on a casebycase basis by the. 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 industrys trusted source of equipment valuation information. Each piece of equipment carries its own independent historical and current information for accumulated costs, hour readings, and odometer readings where applicable.

Stafford disaster relief and emergency assistance act, 42 u. 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. The standard reference for rental rates on all classes of heavy construction equipment. Used equipment prices equipment blue book equipmentwatch. 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. Since 1926, kelley blue book has been one of the most trusted names in the auto industry.

The contractor should not be charging you rental rates out of the blue book. 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. Commonly known as the blue book, this heavy equipment rental rate guide is. Construction equipment rates contract pricing including cas. Kelley equipment company is a crane rental and equipment company servicing the gulf coast region of the united states. Instantly access the rental rate blue book reimbursement rates. The fhw a has issued a policy guidance to ensure that pre determined equipment rental. The rental rate blue book is a comprehensive guide to cost recovery for construction equipment.

This reduced rate is intended to cover the contractors ownership costs less major. These rates were computed by using 2017 actual expenses of county road commissions, plus a. Similar to nadaguides, values published by kelley blue book rely on a constant flow of pricing information from various industry sources. Commercial contractors equipment the blue book building. This is the standard fhwa recommended reference for rental rate calculations. If localities have not developed their own rates, we recommend using of the following. 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. Hourly equipment rental rates are based on the following data reported by county road commissions on the county equipment questionnaires. Rental rate blue book equipment cost recovery equipmentwatch. Additional instruments and test equipment items have been added, as well as, updated list prices for all items. The rates on this schedule of equipment rates are for applicantowned equipment in good mechanical condition, complete with all required attachments.

Excavator blue book guide the best sources for finding actual pricing information on excavators are listed below. 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. Kelley blue book values blue book values kbb vs nadaguides. Sep, 2012 some equipment is depreciated on an operating hours basis, for example. Get used car pricing and explore thousands of car listings at kelley blue book. 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. Kelley blue book highlights the 10 best lease deals for october. You might say we literally wrote the book on car values. For the hourly and nonmetered equipment, the standard rate may be derived from the rental rate blue book for construction equipment. Each rate covers all costs eligible under the robert t. Search for your next used car at, the site you trust the most. 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.

All other provisions of the agreement remain in place. No low equipment rates based on commissioners rental schedule list any additions to the equipment. Some equipment is depreciated on an operating hours basis, for example. Rental rates can also be treated as reimbursement costs for contractorowned equipment. Click here to download 9 ways to connect, communicate and collaborate with blue book network subcontractors today. Cdot erosion control and storm water quality guide and pocket book, 6. Overtime charges will be prorated at 18 of the daily rate for each hour over eight hours in a day. 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. This reduced rate is intended to cover the contractors ownership costs less major overhaul and.

The rental rate blue book is the only commercial equipment rate schedule tested and approved by the federal highway administration fhwa as an acceptable. 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. 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. 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. Thousands of contractors and project owners trust our rental rate blue book rates to reimburse equipment ownership and operating costs incurred during extra work. I was wondering if there is a similar website to for heavy equipment bulldozers, loaders, skidders, etc. These rates are derived from cost formulas and factors.

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. Direct repair, indirect repair and storage, operating and depreciation. Rental rate blue book for construction equipment rental rate blue book. Vdot no longer develops equipment rental rates for the commonwealth. These costs are then prorated over the months that the equipment is normally expected to work. Those that are available commercially via the rental rate blue book, or rates through the federal emergency management agency for declared emergencies only. This is the standard fhwa recommended reference for. Mail stop 692, fax number 65664677, central office s. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. Local assistance division business virginia department of.

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. 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. 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. 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. Equipment rental rates contract administration construction. 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. Local assistance division business virginia department. Payment of equipment rental rates for disruptions and inefficiencies cover the contractors depreciation costs. Determination of construction equipment rental rates in. Our workflow tools make it easy to upload your fleet, share rates across your organization, and prepare reports that streamline the reimbursement process. Buying and selling equipment without knowing its true market value can lead to the loss of thousands of dollars. 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. Value lookup for heavy equipment similar to kelley blue. Jun 28, 2007 value lookup for heavy equipment similar to kelley blue book.

Ironguides delivers the power of precise, streamlined valuations into your hands. Construction ownership, operating costs rental rate. Determination of construction equipment rental rates in force. 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. 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. 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. Kelley blue book new and used car price values, expert. 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. Rental rate blue book for construction equipment, 4. Rental rates are based on an 8hour day, 40hour week, 160hour 4week month.

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. Quick reference guide equipment rental rates from blue book. The blue book for costplus, force account, and ownership and operating cost reimbursement. The blue books for construction equipment 2008 for. 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.

Nationwide even international crane rental and sales. 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. Crown publications online catalogue equipment rental. To clear it up a bit, what im looking for is a price list as to what a contractor would charge a.