• Beginner's Guide to Construction Equipment Rental

    Is it really more cost-effective to rent over buy? Is renting construction equipment really best for your company? Read on to gauge whether construction equipment rental is best for you and your firm. There is one clear driver for the growth of construction heavy equipment rental: the "bottom line." As a project-based industry, construction ...

  • Types of Construction Project Costs - Direct and Indirect ...

    In construction projects, the direct costs are the cost incurred on labor, material, equipment etc. These costs for a construction project are developed as estimates by means of detailed analysis of the contract activities, construction method, the site conditions, and resources.

  • How to Calculate Construction Equipment Lifecycle Costs ...

    Mar 04, 2009· The task includes calculating lifecycle costs for all vehicles and equipment, including construction equipment. Cost analysis is being applied to conventional fleet vehicles, and Hogan said he aimed to institute the same for construction equipment in preparation for the city's 2009 fiscal year, beginning July 1.

  • A Formula for Construction Equipment Cost Recovery

    Jul 17, 2006· Regardless what type of construction work you do, you will have some sort of equipment you need to charge to the job as part of the bid process or …

  • Major Construction Equipment Costs Included in Contractor ...

    How Construction Equipment Costs are Calculated. When a contractor calculates the cost of equipment included in his project estimate he generally bases it on a working hour since ownership is also figured as a cost per hour.

  • Construction Equipment Guide :: Used Heavy Equipment ...

    Construction Equipment Guide covers the nation with its four regional newspapers, offering construction and industry news and information along with new and used construction equipment …

  • Construction Equipment | John US

    Used Construction Equipment. Get the quality and value you expect from the John name at used equipment prices. Whether you're looking for the peace of mind and warranty options provided by a John Certified Used machine, or you're open to all used equipment options, your John dealer has what you need.

  • What to Expect for Construction Costs in 2018

    To get ahead of the market in 2018, we've decided to examine the cost of materials and give an industry consensus forecast for the upcoming year. Overall Construction Costs in 2018. Overall construction costs are forecasted to increase an additional 2-3% in 2018, and that's after what we're expecting to be a 3% increase in 2017.

  • Pricing Construction Equipment - KFUPM

    • Mark-up for Company overhead costs on the equipment are applied to the equipment rate if the purpose is to quote a rental rate. • If the equipment rate is to determine the cost of using the equipment on a project then the mark-up is not added to the equipment rate. In this case mark-up is added to the bid at the end of the estimate.

  • What to Expect for Construction Costs in 2018

    Overall Construction Costs in 2018. Overall construction costs are forecasted to increase an additional 2-3% in 2018, and that's after what we're expecting to be a 3% increase in 2017. Construction labor costs will lead these increases, which are forecasted to be in the 3-4% range in 2018.

  • Machinery Trader - Construction Equipment For Sale - New ...

    Machinery Trader is the go-to source for new and used construction equipment since 1978. In the pages of Machinery Trader and on MachineryTrader.com, you'll find detailed, full-color listings featuring a vast inventory of used equipment listings from , , Genie, JLG, Case, , Bobcat, , JCB, Skyjack, Doosan, , New Holland Construction, and hundreds …

  • Heavy equipment - Wikipedia

    Equipment cost. Due to the small profit margins on construction projects it is important to maintain accurate records concerning equipment utilization, repairs and maintenance. The two main categories of equipment costs are ownership cost and operating cost. Ownership Cost

  • Rental Rate Blue Book | Equipment Cost Recovery ...

    Construction Plan Extra work rates, equipment data, and fleet insights to optimize decisions across the equipment lifecycle. Finance & Insurance Plan The most accurate source of equipment values & comps on the market, trusted by the nation's top lending institutions.

  • Breakdown of Soft Costs in Construction Projects

    Soft costs typically constitute about 30 percent of the total construction cost, while the remaining portion of the total costs is related to hard costs, such as …

  • Machinery Trader - Construction Equipment For Sale - New ...

    Machinery Trader is the go-to source for new and used construction equipment since 1978. In the pages of Machinery Trader and on MachineryTrader.com, you'll find detailed, full-color listings featuring a vast inventory of used equipment listings from , , ...

  • Indirect Costs of Contracts - constructioncpas.com

    4 INDIRECT COSTS OF CONTRACTS JOURNAL OF CONSTRUCTION ACCOUNTING AND TAXATION July/August 2002 and more to do with the understanding or the misunderstanding of the cost compo-nents used to arrive at a project estimate. When preparing an estimate, key cost components such as labor, material, sub-contract, equipment rental, and travel are

  • How Much Is Construction Insurance? - Cost Estimates

    How Much Is Business Insurance for Construction Companies? Working in construction means you face risks every day: someone could be injured at your construction site, tools could be stolen from your truck, or a client could be dissatisfied with your work.

  • 2019 Average Construction Equipment Leasing Rates: How ...

    Heavy Equipment Leasing Average Costs The cost of leasing construction equipment depends on the size of your lease, your credit score, and seasonal demand and where your business is located. A standard rate for leasing business equipment is $40 to $60 per month for every $1,000 purchased.

  • Annual and Life-to-Date Costs | Construction Equipment

    Dec 17, 2014· The difference between annual cost and full life cycle or life to date (LTD) cost is one of the most difficult things to grasp when it comes to understanding equipment costs. This is due to the fact that we have been trained to focus on next year's cost and next year's budget, which causes us to ...

  • How to Produce Effective Equipment Costing

    Jun 05, 2013· How to Produce Effective Equipment Costing ... Adoption of the techniques shared below will reduce your costs of construction by bringing to light wasteful equipment management practices.

  • How to Recover Equipment Costs | Construction Equipment

    Jul 05, 2018· Construction Equipment magazine is your resource for ideas & insights for construction equipment professionals and is the most authoritative national equipment publication in the industry. Read or watch the latest construction equipment field tests, buyers guide or view the Top 100 construction equipment products now.

  • Construction Equipment Ownership and Operating Expense ...

    (2) Cost or pricing data is required and the actual cost data to support either ownership or operating costs for equipment or equipment group s of similar model and series is not available. (3) Cost or pricing data is required and available, but all or part of the data is determined not to be in accordance with the FAR cost principles. 1-2.

  • Calculating the Cost of Ownership of Construction Equipment

    Apr 16, 2016· What matters most to the owner of a fleet of construction equipment? For most owners and managers, cost is the primary concern. You want equipment that gets the job done efficiently and effectively, but you also want to control costs.

  • How to Produce Effective Equipment Costing

    Jun 05, 2013· How to Produce Effective Equipment Costing ... Adoption of the techniques shared below will reduce your costs of construction by bringing to light wasteful equipment …

  • The High Cost of Construction Equipment Theft ...

    Aug 30, 2017· Construction equipment theft continues to be a major concern for business owners. Stealing construction equipment is a low-risk, high-reward opportunity for thieves, especially on unsecured construction sites. Less than 25% of stolen construction equipment is recovered each year. Without a national database for construction equipment like we have road vehicles which …

  • Construction Cost Estimating: Basics and Beyond |Smartsheet

    May 26, 2017· Equipment Costs: Equipment costs refer primarily to the cost of running, and possibly renting, heavy machinery, such as cement mixers and cranes. It's important to note that the equipment in use influences how quickly you can complete the project, so the use of equipment actually impacts many costs outside of those directly associated with ...

  • Project Management for Construction: Cost Estimation

    The capital cost for a construction project includes the expenses related to the inital establishment of the facility: Land acquisition, including assembly, holding and improvement Planning and feasibility studies Architectural and engineering design Construction, including materials, equipment and labor

  • Equipment Rental Costs - RSMeans Online

    equipment cost/day is calculated by adding the rental cost per time period to the hourly operating cost multiplied by 8. Mobilization, Demobilization Costs ¡ The cost to move construction equipment from an equipment yard or rental company to the job site and back again is not included in equipment rental costs listed in the Reference Section.

  • Construction | Ownership, Operating Costs | Rental Rate ...

    Construction Plan Extra work rates, equipment data, and fleet insights to optimize decisions across the equipment lifecycle. Finance & Insurance Plan The most accurate source of equipment values & comps on the market, trusted by the nation's top lending institutions.

  • (DOC) COST OF OWNING AND OPERATING CONSTRUCTION EQUIPMENT ...

    COST OF OWNING AND OPERATING CONSTRUCTION EQUIPMENT 1. Factors affecting the cost include: • Cost of equipment delivered to the owner. • The severity of the conditions under which it is used. • The care with which it is maintained and repaired. • The number of hours used. • The demand for used equipment (salvage value = SV) 2.