Operated equipment rental

Last updated

Operated Equipment Rental is the term used for the rental of large or complex machinery where the rental company supplies an operator or driver to operate the machinery. This is also sometimes referred to as Wet Rental (particularly in Australia), and Operated Plant (in the UK). In India, the Middle East and Asia a large percentage of all heavy equipment and cranes are supplied with operator reflecting the comparative youth of training programs for specialized operators in construction companies in those countries.

Differences from other forms of rental

Related Research Articles

Renting Agreement where a payment is made for the temporary use of a good, service or property owned by another

Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership. An example of renting is equipment rental. Renting can be an example of the sharing economy.

Heavy equipment Vehicles designed for executing construction tasks

Heavy equipment or heavy machinery refers to heavy-duty vehicles, specially designed for executing construction tasks, most frequently ones involving earthwork operations or other large construction tasks. Heavy equipment usually comprises five equipment systems: implementation, traction, structure, power train, control and information.

An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller had provided the buyer.

Fixed-base operator

A fixed-base operator (FBO) is an organization granted the right by an airport to operate at the airport and provide aeronautical services such as fueling, hangaring, tie-down and parking, aircraft rental, aircraft maintenance, flight instruction, and similar services. In common practice, an FBO is the primary provider of support services to general aviation operators at a public-use airport and is located either on land leased from the airport, or, in rare cases, adjacent property as a "through the fence operation". In many smaller airports serving general aviation in remote or modest communities, the town itself may provide fuel services and operate a basic FBO facility. Most FBOs doing business at airports of high to moderate traffic volume are non-governmental organizations, i.e., either privately or publicly held companies.

Aerial work platform

An aerial work platform (AWP), also known as an aerial device, elevating work platform (EWP), bucket truck or mobile elevating work platform (MEWP) is a mechanical device used to provide temporary access for people or equipment to inaccessible areas, usually at height. There are distinct types of mechanized access platforms and the individual types may also be known as a "cherry picker" or "scissor lift."

A telecommunications tariff is an open contract between a telecommunications service provider and the public, filed with a regulating body such as state and municipal Public Utilities Commissions and federal entities such as the Federal Communications Commission (FCC). Such tariffs outline the terms and conditions of providing telecommunications service to the public including rates, fees, and charges.

Lockout–tagout A safety procedure to isolate dangerous equipment and render it inoperative during maintenance or repair work

Lock Out, Tag Out (LOTO) is a safety procedure used in industry and research settings to ensure that dangerous machines are properly shut off and not able to be started up again prior to the completion of maintenance or repair work. It requires that hazardous energy sources be "isolated and rendered inoperative" before work is started on the equipment in question. The isolated power sources are then locked and a tag is placed on the lock identifying the worker who placed it. The worker then holds the key for the lock, ensuring that only he or she can remove the lock and start the machine. This prevents accidental startup of a machine while it is in a hazardous state or while a worker is in direct contact with it.

A car rental, hire car, or car hire agency is a company that rents automobiles for short periods of time, generally ranging from a few hours to a few weeks. It is often organised with numerous local branches, and primarily located near airports or busy city areas and often complemented by a website allowing online reservations.

Liftboat

A liftboat is a self-propelled, self-elevating vessel with a relatively large open deck capable of carrying equipment and supplies in support of various offshore mineral exploration and production or offshore construction activities. A liftboat also has the capability of rapidly raising its hull clear of the water on its own legs so as to provide a stable platform from which maintenance and construction work may be conducted.

Hoist (device)

A hoist is a device used for lifting or lowering a load by means of a drum or lift-wheel around which rope or chain wraps. It may be manually operated, electrically or pneumatically driven and may use chain, fiber or wire rope as its lifting medium. The most familiar form is an elevator, the car of which is raised and lowered by a hoist mechanism. Most hoists couple to their loads using a lifting hook. Today, there are a few governing bodies for the North American overhead hoist industry which include the Hoist Manufactures Institute, ASME, and the Occupational Safety and Health Administration. HMI is a product counsel of the Material Handling Industry of America consisting of hoist manufacturers promoting safe use of their products.

The Cabcharge account payment system was established in 1976 to provide taxi passengers a way to pay for taxi fares by non-cash means. The payment system is owned and operated by A2B Australia, an Australian Securities Exchange listed public company. In the UK and Singapore, Cabcharge is operated by subsidiaries of ComfortDelGro.

The rental industry spans many different types of equipment from tools to heavy construction equipment, aerial to vehicles, party and event to computers and test and measurement equipment and highly specialized areas such as Crane and Temporary Accommodation rental. In the UK and some parts of Europe it is referred to as the Hire Industry.

Vehicle recovery

Vehicle recovery is the recovery of any vehicle to another place, generally speaking with a commercial vehicle known as a recovery vehicle, tow truck or spectacle lift.

Ruston-Bucyrus

Ruston-Bucyrus Ltd was an engineering company established in 1930 and jointly owned by Ruston and Hornsby based in Lincoln, England and Bucyrus-Erie based in South Milwaukee, Wisconsin, the latter of which had operational control and into which the excavator manufacturing operation of Ruston and Hornsby was transferred. The Bucyrus company proper, from which the Bucyrus component of the Ruston-Bucyrus name was created, was an American company founded in 1880, in Bucyrus, Ohio.

Irving Equipment

Irving Equipment, a division of J.D. Irving, Limited, can trace its roots back to 1958. The division was created to support various construction industries in the Saint John, New Brunswick, Canada area including shipbuilding, oil refining, and pulp and paper mill expansions.

Equipment rental, also called plant hire in some countries, is a service industry providing machinery, equipment and tools of all kinds and sizes for a limited period of time to final users, mainly to construction contractors but also to industry and individual consumers. Renting is known as getting Equipment for a temporary purpose at Low Cost to help the People who are not willing to buy an equipment for longer time.

Most equipment, vehicles, tools, portable accommodation and specialized equipment is rented with either attachments or accessories. When dealing with heavy and specialized equipment, these are normally referred to as attachments, other types of rental tend to refer to them as accessories, though this also varies by country.

Result Group

Result Group sold a specialist equipment management software application: rentalresult to companies renting and managing assets, e.g., cranes, tools, heavy equipment, aerial, modular space, computer hardware and test & measuring equipment since 1994. It was privately owned and incorporated in Delaware and the United Kingdom. The company was acquired by Wynne Systems Inc of Irvine, CA in December 2015 and the RentalResult product continues as a brand under the Wynne umbrella.

P&H Mining

P&H Mining Equipment designs, builds and supports a line of drilling and material handling machinery marketed under the "P&H" trademark and applied to minerals and energy surface mining operations worldwide. The firm is an operating subsidiary of Joy Global Inc. In 2017 Joy Global Inc. was acquired by Komatsu Limited of Tokyo, Japan and is now known as Komatsu Mining Corporation and operate as a subsidiary of Komatsu.

Machine industry

The machine industry or machinery industry is a subsector of the industry, that produces and maintains machines for consumers, the industry, and most other companies in the economy.

References

  1. http://www.cpa.uk.net/p/Crane-Interest-Group/
  2. http://www.nccco.org/
  3. "מנוף". Tuesday, May 26, 2020