Top 5 Factors That Will Influence Crane Hire Costs
Crane hire is, without doubt, the cheaper alternative to buying your own cranes. The cost of crane hire will vary from one hire company to the next. However, there are certain factors that will generally affect this cost of renting a crane. Here is a quick rundown of some of these factors
1. Performance Characteristics Of The Crane
Cranes, like any other construction equipment, are not created the same. Cranes are rated according to lift potential, which is how high they can raise a load, and according to their load-carrying capacity, which is the maximum weight that the crane can lift.
Crane hire costs for units with greater working capabilities will generally be higher compared to other units of the same type but lower capabilities.
2. The Age Of The Crane
A professional crane hire company will ensure that all units, old and new, are always in the best working condition through regular maintenance and professional repairs as needed. However, there will always be a disparity in the amount charged for new and old cranes. Newer units will generally cost you a little more because they have a lower depreciation value.
3. The Distance To Your Job Site
Unless you will be making other arrangements, the crane hire company will usually arrange for the transport and delivery of the crane rentals to your job site. Exactly how much you pay will depend, among other factors, on the distance of your job site or preferred delivery location from where the company keeps the equipment. That said, it helps to think locally when looking at companies for your crane hire needs.
4. Labour Requirements
If your crane hire package comes with an operator and supervisor, then you can expect the labour charges to drive up the cost. Choosing to have your own people operate and supervise all work involving the rented crane will cut down your hire costs significantly.
5. Timing Consideration
When you hire the crane is just as significant as what you hire. Standard rates may not apply during holidays and beyond regular working hours when you may need to organise for an emergency crane hire. Additionally, the crane hire company will charge you for every hour that you keep the crane beyond the hours agreed upon.
These and more factors will influence the final crane hire cost. You should keep these factors in mind when assessing quotes from different hire companies.
