Understand what your equipment really costs to use.
Hire and ownership costs are not the same thing, and neither is the cost of equipment that sits idle. A useful review separates the charge from the utilisation before drawing conclusions about value.
Compare hire rates and ownership costs
Compare hire rates, ownership costs and utilisation records across projects and time periods.
Identify idle time and minimum hire charges
Identify idle time, minimum hire periods and charges that apply regardless of use.
Review maintenance and breakdown costs
Review maintenance, breakdown and replacement costs that affect the total cost of use.
What this helps you understand
A utilisation-adjusted cost comparison and a list of commercial questions for your plant manager or hire supplier.
Information for a later discussion
Hire invoices, utilisation records, maintenance logs and any relevant ownership or lease agreements.
Can equipment be replaced with cheaper alternatives?
Not without checking suitability. Any alternative must meet the technical and safety requirements of the project before a cost comparison is relevant.
The initial scope is commercial cost advice. It does not include engineering, quantity surveying, safety approval, formal valuations or legal advice.
Potential savings depend on your current arrangements, requirements and the evidence available. Savings are not guaranteed. Any scope, fees and terms will be explained before you decide to proceed.
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