A new article on ENR.com reveals that more contractors are opting to rent equipment instead of purchase to cut project costs.
“Equipment rentals are flourishing as a means of lowering overhead expenses by trimming debt, licensing fees, taxes, insurance and maintenance,” said ENR reporter Tony Illia. United Rentals confirms this trend. The equipment leasing giant reported a 16.7% increase in revenue in 2011 over 2010.
Our take…
The rental trend can help large and small construction companies control costs through tough times. But choosing the right provider is critical to cost-saving success. Delivery delays, faulty equipment, and poor service can prove more costly than your budget can bear. Choosing the right provider can save time and money that enables contractors to deliver projects on time, and within tight budgets.
Click here for some helpful tips on selecting your next mobile office provider.
