Estimating Cost Database - Equipment Items Overview
Equipment Items (owned or rented) can be entered as estimate line items and time can be tracked for project costing purposes. As a result, there are various rates that can be documented for each item as shown below.
Examples of Equipment Items
- 3-Ton Flatbed Truck
- 200 HP Dozer
- Steel Wheel Roller
- Concrete Saw
Equipment Rate Uses
| Equipment Rate Field | Estimate Line Item | CPR, CO, PO or Bill Line Item | Equipment Timecard |
| RT - Run Time | Yes | Yes | Yes |
| IT - Idle Time | Yes | ||
| DT - Down Time | Yes | ||
| Rental - Daily Rate | Yes | Yes | |
| Rental - Weekly Rate | Yes | Yes | |
| Rental - Monthly Rate | Yes | Yes |
Equipment Usage Scenarios
- Cost Database - Crews Detail Form - Equipment can be crew components.
- Cost Database or Estimate - Work Item Details Form - Referenced in the Labor/Equipment Productivity Calculator
- Estimate - Equipment can be added as a cost line item.
- Equipment Timecards
Equipment Owned/Rental Status Options
| Status | Purchase Date | Date Sold |
| Rented Equipment | blank | blank |
| Owned Equipment | not blank | blank |
| Sold Equipment | not blank | not blank |
Steps To Complete Before Creating Equipment Items
- Optional: Equipment Types can be used to group or filter Equipment Items.
- Optional: Classification Codes (eg. Cost Codes) can be used to group or filter Equipment Items.
- Optional: Locations can be used to create distinct estimating rates based on geographical area. This is especially beneficial for contractors who perform work in various cities or counties.
Options to Create Equipment Items
Edit Equipment Items
- Edit General Information
- View and Edit Purchase and Sold To Information
- Add or Edit Location Specific Estimating Rates
- Add or Edit Spare Parts
- Add Service Ticket
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