Pres 10 Equipment Rental Rates

Pres 10 Equipment Rental Rates - 5 Where Do Published...

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1 ECIV 341 Spring 2009: Construction Planning & Scheduling
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2 Sources: Internal Historical Data (Company owned equipment) R.S.Means Construction Cost Data AED Green Book (Associated Equipment Distributors) Rental Rate Blue Book For Construction Equipment
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3 Published Rental Rates Typically Provide: Cost Indexes to account for location variations Cost Indexes for account for Equipment age Hourly Operating Costs: Fuel, lubricants, routine maintenance Published Rental Rates Typically Do Not Include: Operator Costs Mobilization / Demobilization Insurance Expendables
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4 Additional Adjustments to Published Rates Can be Made for the Following: Rate adjustment for discontinued models Rate adjustment for standby use Rate adjustment for job severity Rate adjustment for multiple shifts
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Unformatted text preview: 5 Where Do Published Sources Obtain their Rates? AED Green Book: Actual rental rates charged Rental Rate Blue Book: Actual usage cost data R.S.Means: Combination of industry sources, contractors, suppliers, distributors, rental agencies, dealers 6 Published rental rates may not be derived from or include / exclude all the items in a companys internal historical cost database Whatever source you are using make sure you know what is included and excluded CAUTION! 7 Make sure the equipment you are pricing out includes all of the attachments necessary to perform the work required. Make sure you select and size the equipment to be able to perform the work in accordance with your estimated production rate. CAUTION!...
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This note was uploaded on 08/30/2009 for the course ECIV 341 taught by Professor Cybulski during the Spring '09 term at Case Western.

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Pres 10 Equipment Rental Rates - 5 Where Do Published...

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