ROCKVILLE, MD—The Mechanical Contractors Association of America (MCAA) has just released a 2014-2015 Tool & Equipment Rental Guide. As with previous editions, MCAA members receive free online access to the new edition, which is available for purchase by non-members.
The Tool & Equipment Rental Guide is MCAA’s comprehensive, current guide to cost recovery for commonly used tools and equipment. The 2014-2015 edition has been completely revised and updated. Like previous editions, it includes tools and equipment of special interest to mechanical construction, service and plumbing contractors.
The rental rates in the guide are based on ownership and operating costs for contractor-owned equipment. These rates are derived from formulas and data developed by EquipmentWatch, which developed the guide on MCAA’s behalf, and from analytic methods used in the construction industry. Generally, these methods consider purchase price, depreciation, maintenance and overhaul costs, indirect equipment costs, and average annual use hours. Profit, project overhead and general company overhead costs such as office facilities and supplies are not included in the rates.
The new edition includes an appendix containing a Regional Rate Adjustment Table to help contractors adjust the rates in the guide for their state’s economic conditions. Lists of the small tools typically charged to the cost of a job and typical expendable items also are included, as is a chart to help contractors adjust for fuel rate fluctuations that may occur between editions of the guide.
The guide is available for immediate download from MCAA’s online store at www.mcaa.org/store, where contractors can also find additional management publications to assist in the operations of mechanical construction, service and plumbing companies.
The Mechanical Contractors Association of America, Inc. (MCAA) serves the unique needs of approximately 2,800 firms involved in heating, air conditioning, refrigeration, plumbing, piping, and mechanical service. We do this by providing our members with high-quality educational materials and programs to help them attain the highest level of managerial and technical expertise. MCAA includes the Mechanical Service Contractors of America, the Plumbing Contractors of America, the Manufacturer/Supplier Council, the Mechanical Contracting Education and Research Foundation and the National Certified Pipe Welding Bureau.