Aed Green Book Rental Rates

THE AED GREEN BOOK: 2016 RENTAL RATES & SPECIFICATIONS FOR CONSTRUCTION EQUIPMENT 67th Ed.2016 AED Green Book Order your copy now!2016 EDITION will be shipped. "2016 AED Green Book 67th Edition" The AED Green Book is a publication of NATIONALLY AVERAGED rental rates compiled from thousands of rental charges reported by AED member equipment distributors throughout the US and Canada. Canadian rental rates are converted to US dollars. The figures shown are statistical averages reflecting equipment of various ages and conditions. New and practically new equipment may rent for substantially more than the average reflected in this publication. Other variables also affect rental rate in given situations. We're Here To HelpCall us anytime during our customer service hours... Monday through Friday - 8:30 am to 5 pm (Pacific) Saturday - 10am to 5pm (Pacific) Order Questions:TOLL FREE, 800-273-7375 (Outside the U.S. call 818-887-7828). Canoga Park, CA 91304 US
Print Our Fax Order Form Copyright ©2016 Builders Book, Inc. 2016 AED Green Book: Rental Rates & Specifications for Construction Equipment 67th Ed. 2016 AED Green Book : Rental Rates & Specifications for Construction Equipment 67th Ed.Order your copy now! RENTAL RATES & SPECIFICATIONS FOR CONSTRUCTION EQUIPMENT The AED Green Book is a publication of NATIONALLY AVERAGED rental rates compiled from thousands of rental charges reported by AED member equipment distributors throughout the US and Canada. Gun Safe Movers TorontoCanadian rental rates are converted to US dollars. Indoor Plants Little SunlightThe figures shown are statistical averages reflecting equipment of various ages and conditions.Freestanding Bathtub Packages
New and practically new equipment may rent for substantially more than the average reflected in this publication. Publisher/Edition: Equipment Watch/2016/67th Edition/Item No: AED-2016Trusted by Thousands of Companies in the Heavy Equipment Industry EquipmentWatch is the world leading database & information product for the construction/heavy equipment industry. Get paid back faster The only benchmark source for advertised retail rental rates The most precise values $225B in transactions per year Use 24 cost variables for Verify model year usingContractorDOT / GovernmentFinanceInsuranceEquipment Seller / DealerOther Which solutions interest you?ValuesCost RecoveryMarket DataRetail Rental RatesYear Verification (Serial Number)Internal Charge RatesSelect all that apply What else do we need to know? Keep me in the loop!YesNoReceive our industry analysis Select State/ProvinceOutside the US or CanadaAlaskaAlabamaArkansasAmerican SamoaArizonaCaliforniaColoradoConnecticutD.C.DelawareFloridaMicronesiaGeorgiaGuamHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMarshall IslandsMichiganMinnesotaMissouriMarianasMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaPuerto RicoPalauRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVirgin IslandsVermontWashingtonWisconsinWest VirginiaWyomingMilitary AmericasMilitary Europe/ME/CanadaMilitary PacificAlbertaManitobaBritish ColumbiaNew BrunswickNewfoundland and LabradorNova ScotiaNorthwest TerritoriesNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon Territory
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Access up-to-date average advertised rental rates sourced from over 200 rental companies across the United States and Canada. Understand pricing trends with two-year visualizations of average rental rates in aggregate and at a state/province level. Find the best deals by viewing actual advertised rental rates from locally-sourced rental houses. Formerly known as: AED Green Book Access Monthly, Weekly and Daily Rental Rates Whether you’re a contractor looking to source a local or a rental house benchmarking your rates against the market, use EquipmentWatch’s retail rental rates to get best-in-industry intelligence. Filter to Local Level Rental Intelligence With rental house data from every part of the country, use filter controls to drill down into local rental rate trends and see rental rates from specific local rental houses. Quarterly Rental Insights Delivered to Your Inbox With the largest analyst team in the equipment data industry, EquipmentWatch’s Quarterly Rental Report offers the deepest insights into the trends impacting the equipment rental industry.
Previous memorandums have addressed FHWA's policy concerning the acceptability and use of equipment rental rate guides for contractor owned equipment. These include Mr. Gendell's memorandums of August 22, 1986, October 30, 1986, and December 23, 1986, and Mr. Weseman's memorandum of January 27, 1988, (copies attached). The principle of equipment rental rate guides for contractor owned equipment is that they should fairly represent the contractor's actual cost of owning and operating equipment. Several issues not covered in earlier guidance memorandums have been raised. These include the use of standby equipment rental rates, the use of equipment the contractor obtains through a third party rental agreement, and the eligibility of mobilization costs associated with the use of misunderstanding on how the Blue Book is developed. Specifically why the monthly rate should be divided by 176 to obtain the hourly rate and how reduced construction seasons are addressed. The contractor continues to incur certain ownership costs when equipment is required to be standby.
To allow an equitable compensation, standby rates which fairly reimburse the contractor for the expenses of owning the equipment may be approved for Federal-aid participation. The use of a standby rate is appropriate when equipment has been ordered to be available for force account work but is idle for reasons which are not the fault of the contractor. The standby rate may be based on the contractor's actual costs or data from an approved rate guide. In either instance, there should be no operating costs included in the rate used. Generally, equipment rental guides are based on usage and time. Since there is no wear and tear to the equipment during idle time most rate guides usually will need to be modified to eliminate any costs associated with usage. Costs that are related to time include "cost of facilities capital (CFC)," equipment overhead, and possibly some depreciation. The CFC is computed by multiplying the average value of the equipment by the cost of many rate, determined by the Secretary of the Treasury pursuant to Public Law 92-41 (85 Stat. 97), and prorating this amount over the annual usage hours.
Equipment overhead costs usually include annually occurring costs such as taxes, insurance, and licensing fees. Equipment overhead costs should not be included in a standby rate if recovered in other cost methods, for example, project overhead costs. Depreciation is the decline in value of the equipment due to age and usage. It is normally computed using the straight-line method based on the overall economic life which is in turn based on anticipated usage (wear and tear) per year. Since there is no wear and tear to equipment during standby time, an appropriate adjustment should be made to the depreciation rate provided in most rental rate guides. While an industry standard does not currently exist for standby rates, it has been the normal practice of the courts to reduce published ownership rental guide rates by 50 percent for standby rate usage. Therefore, the FHWA will accept use of 50 percent of the ownership rental rates of an approved guide as the standby rate in lieu of a contractor's actual standby costs.
Standby time should not exceed 8 hours per day, 40 hours per week, or the annual usage hours as established by the rate guide. When a contractor obtains equipment through a third party rental agreement for use in a force account situation, his/her cost will normally be the invoice cost. The invoice cost should be comparable with other rental rates of the area. The Associated Equipment Distributors (AED) Rental Rate and Specifications book may be used to evaluate the contractor's proposed costs for such equipment rental. Since rental agreements vary, the specific operating costs included in the rental agreement may need to be determined. There may be additional eligible operating costs not covered by the agreement which the contractor has incurred and should be reimbursed for, such as fuel, lubrication, field repairs, etc. The costs required to mobilized and/or demobilize equipment not available on the project is eligible for reimbursement. Standby rates should be used for equipment while being hauled to the project.
This will be in addition to applicable rates for the hauling equipment. All costs associated with the assembly and disassembly of the equipment for the transport should also be considered in the mobilization costs. Development of Blue Book Equipment Rental Rates The developer of the Blue Book accumulates all contractor costs for owning a piece of equipment for an entire year. These costs are then prorated over the months that the equipment is normally expected to work. The results gives a contractor's cost of owning the equipment for a month (established in the Blue Book as 176 hours). Equipment is not expected to work constantly for 12 months. For example, the developer of the Blue Book has determined that the paver has the shortest working season (6 months). Working seasons for other types of equipment are: Map at the beginning of each Blue Book equipment section indicate adjustment factors for differences in climate and regional costs. Rate adjustment tables provide for the difference between current prices of new equipment and the price for equipment during the year of original purchase.
The Blue Book states that, "Weekly, daily and hourly rates are... derived from the monthly rate. Rates for shorter periods are increased to account for lost availability and productivity during shorter use periods." In actual practice, any loss in productivity will result in additional time needed to do the work. Since that basis of payment when rental rates are used during force account is actual hours worked, the contractor is thus fully reimbursed for any loss in productivity. Lost availability of equipment is not considered a viable factor since a contractor, in bidding a project, agrees to furnish all equipment required to complete the project. Further, a contractor has the option of renting needed equipment from a third party; such rental costs, as discussed earlier, are reimbursable. 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.