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Wednesday, April 24, 2013

Understanding The Importance Of Construction Equipment Rental

1:15 AM By

By Halle Eveines


Asking the opinion of any contractor, he (or she) will tell you that the one of the biggest challenges of starting any construction project is acquiring the equipment needed to get everything started. Among the challenges of course is deciding whether to invest in brand new or rent equipment such as a scissor lift. Many contractors nowadays choose to rent the equipment for a short period of time or lease the machinery when they need to have the equipment on-site for a longer time.

Over the years, the declining economy has forced many construction and building companies to seek alternative, more affordable ways they can get the construction equipment they need to start and complete projects - this includes renting the equipment. To give you an idea: a brand new, 26-foot, 1.26m- wide scissor lift will set you back almost $27,000; renting a scissor lift with the same dimensions for a month costs anywhere between $850 - $1,000.

This means that even if you rent the scissor lift for a year - you would still just spend about $12,000 - fine, move that up to fifteen if you're going to be nitpicky about it but all the same - you got the equipment you need all throughout the completion of the construction project at half the price of a brand new unit. In addition, rental companies can offer more than just affordability - they provide a convenient solution for contractors that are looking for ways to minimize headaches they will deal with throughout the project. A builder that works with companies offering renting of pickup trucks and other equipment do not have to worry about getting everything on the site.

It is the responsibility of the rental company to promptly deliver the rented equipment to the location, on the dated and time that the client specified. They will also pick up the equipment from the site after the rental agreement is done if the clients choose not to make arrangements to have the rental period extended.

Do remember the rule of thumb in the building industry: rent only the equipment you will NOT use sixty to seventy percent of the time. So before you browse through truck rental at Hertz Equip, consider the length of time you would need the equipment for your project.

If you are going to need the equipment for more than three to six months, it might be a good idea to lease it or buy refurbished machinery if you cannot afford brand new if you have building projects lined up after another for the next five years. Always consider the long term needs you have when you are trying to choose equipment rentals or buying brand new units.




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