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.
Equipment rental rates daily weekly monthly.
Rental rates can also be treated as reimbursement costs for contractor owned equipment.
Calculating time basis of rates.
The trends and analysis of daily weekly and monthly retail rental rates.
Covers the 10 most popular equipment subtypes 12 month trending for national average weekly rates.
It is the general practice in the industry to base rates upon one shift of 8 hours per day 40 hours per week or 176 hours per month of a 30 day consecutive period.
They are not intended for casual rentals.
If the equipment is rented by the day the rate for overtime is one eighth of the daily rate for each hour in excess of eight.
These rates are based upon the contractor furnishing the complete tools and equipment for an entire job.
Cat 963b lgp trac loader.
Construction equipment rentals daily weekly monthly rates.
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