Rental Equipment Rates. This Database was designed to perform Rental Construction Equipment Rate Estimates, based on the use of factors and reference ratios provided by contractors is the main way used to obtain equipment rental rates, through statistically obtained ratios that have worked properly in the past. These factors, when applied to current list rate, win suggest amounts necessary to recover the total investment in equipment; and These factors can be applied equally to all makes and models within an equipment class and size category, provided that the equipment is in average condition and working in non-severe job conditions. The costs listed for each item assume average Working conditions and are to be used as guidelines only. When job conditions are significantly different from average conditions, users may want to adjust the costs shown by applying adjustment formulas.
This database does not attempt to measure or describe the technical or performance characteristics of specific models made by specific manufacturers. Instead, It shows hourly costs that are derived from average cost factors applied to a machine’s most recent list price. Whereas a manufacturer may rightly claim the advantages of Its products, this database should not be used to substantiate such claims.