Some companies that I have the opportunity to train have no idea of what their real equipment costs are and have no idea how to dial in real equipment rates. They don’t know what they don’t know. Here are two resources that I just purchased for myself that did cost a total of around $132. I always preach when you estimate to treat “costs are costs” in other words don’t build fluff into costs like equipment. A company has to know its costs in order to accurately bid a project. I don’t think I have to tell you how ridiculously inexpensive this resource is. Mike Vorster, CEMP Central, is a regular speaker at our annual User Group Meetings and I have heard Mike is excellent. Below is an article he recently wrote for Construction Equipment

LINK Article

Here is the links to a spreadsheet that he sells for calculating equipment costs

LINK Equipment Costing Spreadsheet

Here is a link to his textbook which I just purchased

LINK Book

In closing to be a successful in the construction that is equipment intensive a company has to know true equipment costs.