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Equipment Rate Negotiations - Short and Long term Agreements

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foreng

Civil/Environmental
Jan 9, 2003
87
I am looking to hire a piece of equipment for upwards of 6 months and would like some guidance on a possible "volume discount" percentage? The equipment blue book rates reflect a day labour or short term application. If I was to rent the equipment and hire an operator I'm sure I would get a better rental rate over a longer term (5-10%). Why shouldn't this be the case when hiring an independent contractor, or are their other factors the contractor can not take advantage of that a rental company can?
 
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