Tips For Making Renting Equipment Successful
Many construction companies actually purchase new machinery, while many others opt to rent construction equipment. It is up to the construction companies to decide whether to buy or rent machines based on the unique conditions and problems they encounter.
Renting construction equipment can be a tricky process. You have to take into account a few essential factors before coming into a rental agreement with a professional company for acquiring equipment rental in Hagerstown Maryland.
Below listed are some aspects that you should carefully look into before renting heavy machines:
What type of equipment does your project demand?
You must have thorough knowledge about what type of equipment is needed in your project. Make sure you know all the applications and features of the equipment you want to take on rent. Certain factors such as why are you looking forward to renting construction equipment and what is the specific application for which this piece of equipment is needed, and more should also be taken into consideration beforehand. There is a variety of construction equipment offered by rental businesses, so it is important that you clearly understand the scope of renting the equipment.
What are the technical specifications of the equipment that you are about to rent?
Once you have knowledge of the type of equipment required, it is time to find out what size or capability of the machine is needed to complete the tasks. Be very precise while selecting rental equipment in Frederick MD as there are many sizes and capacities available by different models of heavy equipment with specific uses for different industrial domains. Project needs, like the amount of dirt to be moved or the height to which an object is to be raised, are a few examples of the specifications which assist you in deciding the correct size of the rental equipment.
Are there any attachments or extra tools required with the rented equipment?
It is also essential to be careful about the attachments and tools that support the functioning of the equipment. Some machines have attachments that are mandatory for their operation, so you have to rent those attachments as well. In case you don’t have complete knowledge of the equipment to be rented, you should check the same on the rental company’s website to gain more knowledge about the equipment, its functions, and required attachments.
How long is your project going to last? Specify a timeline.
Your project duration plays a crucial role in renting heavy equipment. You ought to have clarity of the amount of time it will take to complete that part of the project for which you are renting equipment. Every construction company must strive for optimum utilization of the available resources so that the equipment should only be rented for the total time of the project and not unnecessarily beyond that. It should not be sitting idle to collect dust, waste bucks, and occupy storage area. For several projects, equipment might be required for a day, and for others, the equipment might have to be rented for a few weeks or months to do the complete tasks. You can get rental equipment for both short-duration and long-duration projects.
What are the rental charges? Are there any hidden costs?
The upfront costs and overhead expenses are not that much trouble when the total duration is less but the situation becomes stressful when you have to spend a lot of money on just buying equipment. There are some benefits such as the easy availability of equipment whenever needed, even at a short notice. Initial cost and overhead expenses can be stressful for new and small construction businesses that have difficulty investing in renting equipment alone. So, you must look for an equipment rental provider that asks for a small upfront payment.
To find fitting rental equipment in Frederick MD, take a look at RentEquip for hitch-free and faster renting of heavy equipment.
How will you transport the rental equipment to your project site?
The location of the rental company plays an essential role. You just don’t have to lay emphasis on the tangible piece of equipment, but also have to focus on other factors as well, such as how to get the equipment from the rental company’s yard to your project site? Thus, either your company or the equipment rental provider has to bear the responsibility to arrange for a trailer to pick up the equipment from the rental company’s yard and drop it off at your worksite. The majority of the professional equipment rental providers offer this logistical convenience to their clients. Hence, it is important that you must discuss this point with the equipment rental in Hagerstown Maryland, and only shortlist those rental providers that can deliver the equipment at your project site. This service offered by the rental company can help you save a lot of time, effort, and transportation costs.
What should you do if there’s a mishappening with the rental equipment at your end?
What would be your plan of action if in case there’s an accident, theft, or another unforeseen event when the equipment is in your possession at your work site? So, it is very important that you search for a rental equipment provider that offers you existing insurance cover so that if there is an unfortunate happening on your side, you are not liable to compensate for any damage or loss.
If you keep the above-mentioned points in your mind while renting equipment, then you can make the equipment renting process quite lucrative for your business.
Choose An Experienced Rental Equipment Partner
Are you looking for high-performing equipment rental company in Hagerstown Maryland or rental equipment in Frederick MD?
Contact us today and share your project requirements.
We offer a wide range of state-of-the-art and quality equipment that have been purchased from OEM companies. We provide superior construction equipment to all large and small construction businesses that are not interested in investing in purchasing heavy and expensive construction equipment.
Our fleet of heavy equipment includes excavators, stump grinders, scissor lifts, telehandlers, dozers, forklifts, boom lifts, compaction equipment, skid loaders, general construction equipment, property maintenance equipment, and utility trailers.
We have the right machines and the right professionals at your disposal.