Similar to leasing, rental rate is based on the length of usage while covering the transportation.
Continually, when renting, you might discover higher costs while renting daily or weekly instead of monthly.
Therefore, it is best if you sign an agreement which is normally between the owner and the user which is also known as a rental contract.
17. Types of Equipment
Another important thing to learn included in the construction equipment guide is to learn the equipment types.
Once you learn its usages, you will know which machine does what type of job. Moreover, discovering an inventory of machines that you know how they work or how you can benefit from in the next Federal construction project, for instance.
Having said the above-mentioned, a proper construction equipment guide would teach you the equipment and machine types which are the following:
- Crawler Cranes (Used for lifting objects)
- All Terrain Cranes (used in massive building projects like bridges, roadways and airports)
- Forklifts and Scissor Lifts (used for smaller projects like moving the workers up and down)
- Hydraulic Excavators (for breaking rocks, crushing metal, drilling holes)
18. Serial Numbers
The serial number in the construction equipment guide refers to two main factors: giving the machine identification and identify the age of the equipment.