Wednesday, March 23, 2011

Construction Equipment Rentals and Leases

When is it best to rent or lease? If you are new to the construction business there are a number of factors to consider.  If the construction site where you are building is hundreds of miles from your base of operations is there a cost benefit in renting, leasing or bringing your own equipment to the site?  In some instances it may be better to rent or lease than to haul your own equipment in.  This could especially be true when large cranes are needed for high rise building construction.  The cost of hauling your own construction company's crane or the purchase of the crane may not be a good decision.

During the construction planning and bidding phase the decision to rent, lease, haul your own, or purchase new construction equipment needs to be figured into the overal cost of the construction project.

One option that may be available is to consider contacting a contractor in the area where the new construction project is located.  Ask if the company would be willing to rent out equipment needed for your project.  If hauling your own is not an option, and construction rental costs from companies in that business are too high, then a local builder with the equipment you need might be willing to cut you a better deal.

Jackhammers, wackers, pavement breakers, phematic hosing, electrical extention cords and electrical generaors as well as air compressors are usually not a problem when it comes to transporting these to distant locations.  However, large building cranes, concrete pump trucks and other large types of construction building equipment could pose a logistical or expense problem.  If your construction accountant, working with your construction job bidder decides that local renting or leasing is the most cost effective option, then a contractor or builder located near nor worksite may be the solution to renting equipment at a lower cost than doing business with a business that specializes in that construction service.

For more on this topic with photos of construction site visit my other webpages here at http://hubpages.com/hub/Construction-Equipment-Sale-Rent-and-Lease-Options