The standard reference for rental rates on all classes of. The use of blue book rates and other similar manuals to compute the extended operating costs of contractorowned equipment has been approved by a wide array of courts and boards. Weekly rental rates are about the monthly rates, and daily rental rates are about the weekly rate. Financial management, purchasing controls and repairing tracking and control processes. Integration of equipment costing into financial and accounting systems and management reporting. Equipment rental rates contract administration construction. Here in mi i use price has been determined on a force account basis, detailed records are in the file. 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.
Read, highlight, and take notes, across web, tablet, and phone. This is the standard fhwa recommended reference for rental rate calculations. Use the search fields and linked categories below to find contact information for agc of alaska members. A copy of the agc blue book italics please can be viewed at. Mail stop 692, fax number 65664677, central office s. For the hourly and nonmetered equipment, the standard rate may be derived from the rental.
A piece of heavy construction equipment costs more than just the purchase price. The blue book for costplus, force account, and ownership and operating cost reimbursement. Rental rates can also be treated as reimbursement costs for contractorowned. Value lookup for heavy equipment similar to kelley blue book. Organized in 1919, agc of minnesota is the first recognized chapter of the associated general contractors of america. Best sites about blue book rental rates construction equipment. Avoid costly negotiation by specifying the industry standard equipment charge rates for extra work before the project begins.
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 cos. Jul 17, 2006 multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. 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. The rates on this schedule of equipment rates are for applicant. The rental rate blue book published by primedia information, inc. The developer of the blue book accumulates all contractor costs for owning a piece of equipment for an. Wsdot equipment rates keyword found websites listing. Equipment costs in construction contract disputes jstor. Determination of construction equipment rental rates in force. The separation and collection of recyclable materials of all kinds is required based on the.
I compare the equipment rates with local rates andor national blue book rates to determine reasonableness. Multifamily construction, rehabilitation and renovation. This creates the total cost of ownership, the single most important factor to consider when determining the economic impact. For items not referenced in the rental rate guide, odot. It is suitable in cases when an agreement cannot be reached regarding the scope of work and the amount of payment. Rate blue book for construction equipment blue book for both extra work. Up to date information everyone in dot has access a fully updated hard copy will be maintained in the construction unit. Agc san francisco, california proview the blue book.
Agc and the american public works association apwa to. The use of privately owned equipment is to be approved on a casebycase basis by the. Calculating the cost of ownership of construction equipment. We articulate and execute the network vision of the tenant, while bridging the gap between the architect, general contractor, furniture vendor and client. Particular attention should be given to the surveyors vehicle. It should be noted that blue book rates are maximum rates.
The associated general contractors of america agc is the leading association for the construction industry. Construction equipment ownership and operating expense. For any equipment not listed in the blue book, rental rates will be agreed to in writing prior to the use of such equipment on force account work or paid for by invoices. Agc and wsdot have replaced the rental rate blue book published by. Blue book rental rate blue book for construction equipment published by equipment watch, a premedia business directories and book group. Department oftransportation agcwsdot administration team was. Commercial large rental yard companies that provide az construction rental equipment such as air compressors, generators, mobile scissor lifts. Equipment that is not in good working condition or is not of proper size for efficient performance of the work may be rejected by the epm. Establishing and assessing internal equipment rates. For contractor requested changes to an original contract item, since the contractor will have to. Force account the force account agreement specifies the labor rates, material costs, and equipment rates to be used. Use of blue book rates is subject to the same conditions which apply to.
Agc represents more than 27,000 firms, including over 6,500 of americas leading general contractors, and over 9,000 specialtycontracting firms. When the equipment is in use performing overhead work, this item should be charged at 100% of the rental rate blue book plus operating costs. Rental rate blue book equipment cost recovery equipmentwatch. Crown publications online catalogue equipment rental. More than 10,500 service providers and suppliers are also associated with agc, all. Search isqfts internet plan room of private and public commercial construction projects in every phase, from planning to bidding. Primedia announces complete new suite of electronic. Multifamily construction, rehabilitation and renovation best practices guide june 2012. Multifamily construction, rehabilitation and renovation best.
Standby rates should be used for equipment while being hauled to the project. Video take a virtual walkthrough of volvo construction equipments conexpo. This report contains data for all 50 states for the percentage of rural roads in poor condition, the percent of deficient rural bridges, rural traffic fatality rates and the number of rural traffic fatalities. In addition to the blue book and the corps of engineers rates, the associated equipment distributors aed publishes a rental rate guide and the associated general contractor of america agc publishes an equipment ownership guide which has rates for owned equipment. Rental rate blue book now posted on the portal page cost savings. Agc of washington is the premier professional association of contractors in the state of washington, committed to enhancing the performance of our members, representing their interests, and building a better climate for construction. Normal wear and tear ofequipment is included in the blue book rates.
That means the contractor has submitted an hourly rate for labor, equipment rates and material prices. With the implementation of the federal acquisition regulation far on april. Book for construction from equipment watch to determine equipment rental rates. Force account work is not a preferred option due to the increased level of monitoring required. If the equipment is determined to be older than its estimated economic life overage or was purchased used, refer to c hapter 3. Stafford disaster relief and emergency assistance act, 42 u. 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. Blue book for railroad equipment and rental rate blue book, developed by dataquest. Memo new equipment rental agreement april 26, 2007 wsdot. For any equipment not listed in the blue book, rental rates will be agreed to in writing prior to the use of such equipment on. Best sites about equipment rental rates blue book 2019.
Rental rate blue book cost recovery equipmentwatch. 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. Instantly access the rental rate blue book reimbursement rates. 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. A formula for construction equipment cost recovery for. Video take a virtual walkthrough of volvo construction equipment s conexpo 2020 booth. Blue book, agc blue book, cost reference guide base comparisons. Determination of construction equipment rental rates in. Quick reference guide equipment rental rates from blue book. All other provisions of the agreement remain in place. Build relationships with over 1,500 gcs in the isqft network, get more invitations, access project information, and win more work. Construction data producer prices and employment costs. 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.
Commercial contractors equipment the blue book building. Multiply the total cost of a piece of equipment x 5%month x x 80% to arrive at the estimated annual rental dollars. The shas which use the blue book and other rate methods should modify the equipment rates before they are applied to federalaid projects. The hourly rates shown in table 2 1 reflect catalog list prices of equipment manufactured in 1998 3 yearsold. By mutual agreement, agc and wsdot have replaced the rental rate blue book published by primedia information, inc. 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. Privately owned equipment 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. Blue book rates are available on the internal website. Rental and leasing must include all costs such as property taxes, insurance, use taxes, fuel and maintenancerepairs of rentals, and leases. Army corps of engineers manual, construction equipment ownership and operating expense schedule. In other cases, rates for equipment costs are negotiated on an ad hoc basis. Change order pricing apwa caec change order workshop series february 2, 2017 renton.
Rate modifications, indicated on regional adjustment maps in the blue book and as applied automatically by the blue book. Change order or contract change order a written order signed by the engineer, issued with or without the consent of the contractor, directing changes. Blue book in pricing equipment costs for force account work. Please take the necessary steps to assure that predetermined equipment usagerental rates used by the shas within your region comply with federal cost principles. More than 10,500 service providers and suppliers are also associated with agc, all through a nationwide network of chapters. Construction bidding software construction estimating isqft. Dumpster capacity needs to be based on occupancy rates and rates of collection. Blue book, agcblue book, cost reference guide base comparisons.
Each rate covers all costs eligible under the robert t. The appropriate adjustment factors year and region should be used. The use of privately owned equipment is to be approved on a. The association operates as a centralized point of focus for information dissemination, labor relations, education and training, and for advocacy on important industryrelated issues. No low equipment rates based on commissioners rental schedule list any additions to the equipment.
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