Equipment Rental Rates Guide

While owners and renters should feel free to negotiate rates the guide is designed to provide a fair market value for equipment rental.

Equipment rental rates guide.

5121 et seq for ownership and operation of equipment including. Construction plan extra work rates equipment data and fleet insights to optimize decisions across the equipment lifecycle. 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 single shift 8 hour basis. Rental rates are based on an 8 hour day 40 hour week 160 hour 4 week month.

Stafford disaster relief and emergency assistance act 42 u s c. Using the guide per acre rate. The rates on this schedule of equipment rates are for applicant owned equipment in good mechanical condition complete with all required attachments. The arhca rental rates guide is the accepted authority for.

And availability of support equipment. Each rate covers all costs eligible under the robert t. For this guide a field efficiency of 80 per cent has been applied to all tasks. The tool equipment rental guide is a comprehensive current guide to cost recovery for equipment used by mechanical contractors.

Equipment rental or custom rates are determined by adding all yearly costs together and then divided the result by the estimated annual hours of use. Finance insurance plan the most accurate source of equipment values comps on the market trusted by the nation s top lending institutions. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. Overtime charges will be prorated at 1 8 of the daily rate for each hour over eight hours in a day.

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. The rates are calculated using current alberta based data. The 2019 guide has been re engineered and includes significant updates to the 2018 guide.