We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
    • AHR Live 2023
  • PODCASTS
  • DIGITAL EDITIONS
Home » MCAA, NECA and SMACNA Release Joint Tool and Equipment Rental Guide

MCAA, NECA and SMACNA Release Joint Tool and Equipment Rental Guide

March 30, 2022
No Comments
MCAA, NECA and SMACNA Release Joint Tool and Equipment Rental Guide

The Mechanical Contractors Association of America (MCAA) has joined forces with the National Electrical Contractors Association (NECA) and Sheet Metal and Air Conditioning Contractors’ National Association (SMACNA) to create an even more robust Tool and Equipment Rental Guide to equipment recovery costs for mechanical, electrical, line and other construction contractors. The guide is now available for MCAA members to access via an enhanced web portal.

While all three organizations have in the past published a version of the Tool and Equipment Rental Guide this joint edition from MCAA, NECA and SMACNA is a new effort. The guide offers insights on contractor-owned equipment to ensure industry professionals have the most updated costs to inform internal estimating, project proposals for new and potential customers, and cost accounting efforts.   

“Having reliable and comprehensive tool pricing data enables our contractors to provide their clients with accurate and reliable bids.  This multi-trade research supports our members, and provides signatory contractors with the information they need to provide the highest standards of quality and service in the construction industry,” said Aaron Hilger, CEO of SMACNA. “With a shared goal of helping our members stay competitive, SMACNA is proud to collaborate with MCAA and NECA on this Tool and Equipment Rental Guide. It is a valuable resource that will support the important work of our collective contractors and their businesses.”  

Construction tools and equipment are an essential part of any contractor’s business and can represent a significant investment. In addition to the large initial investment and the provision for eventual replacement, expenditures must be made for maintenance and repair, storage and handling, insurance, taxes, and interest. The comprehensive coverage of tools and equipment lends itself useful to a wide range of contractors who can benefit from transparent pricing. This year’s guide includes an expanded and enhanced rates selection experience. New equipment has been added and updated list prices across multiple industries are available for equipment, such as aerial lifts, air compressors, air tools, compactors, conduits and other raceway tools, connection and splicing tools, cranes, and much more.

“It is a construction industry best practice for contractors to include the cost of tools and equipment in job expense estimates,” said NECA CEO David Long. “It made sense to leverage the strong partnership between NECA, MCAA and SMACNA to put forth a comprehensive guide that meets the needs of all contractors as they develop bids to safeguard and grow their revenue at a crucial moment in time.”   

As the construction industry experienced shifts in equipment availability, pricing and usage because of the pandemic, rates were impacted more dramatically compared to previous versions. EquipmentWatch, the leader in data, software and insight for the heavy equipment industry, worked with MCAA, NECA and SMACNA to consolidate their most recent guides and incorporate rental rates based on shared types of equipment. The rates within the report are derived from EquipmentWatch methodologies used in the construction industry and consider purchase price, depreciation, maintenance and overhaul costs, indirect equipment costs, and average annual use hours.

“Our contractors see tremendous value in our annual tool and equipment rental guide because it sets a benchmark on the cost of doing business in the industry,” said Tim Brink, MCAA CEO. “It was a purposeful decision to join forces with NECA and SMACNA, two construction industry associations whose members mirror MCAA members’ commitment to building and improving infrastructures within the communities they serve.”

The Tool and Equipment Rental Guide is now available for MCAA members to access via an enhanced web portal.

Learn more, and visit the web portal here. 

Associations Business Codes & Standards Contractors & Installers Engineers & Specifiers HVAC Industry Community News Mechanical Plumbing PVF Training & Education
  • Related Articles

    MCAA’s Tool and Equipment Rental Guide Available Free to Members

    MCAA, NECA and TAUC Sign Strategic Alliance Agreement

    SMACNA Releases New Edition of the Fire, Smoke, and Radiation Damper Installation Guide

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular

  • Chicago Plumber’s Union Dyes Chicago River Green for St. Patrick’s Day 2023

  • Everything You Wanted to Know About Orangeburg Pipe (But Were Afraid To Ask)

  • Vote Now! Plumbing Design of the Year: A Readers’ Choice Award

  • The Basis for Most Plumbing Codes

Featured Video

Caleffi video thumb

The Gold Standard: Separation with NO Compromise

Industry Events

  • 26Mar

    MCAA 2023 Annual Convention

    Phoenix, AZ
  • 29Mar

    2023 SFPE European Conference & Expo

    Berlin ,
  • 11Apr

    ASA ELEVATE2023

    Charleston, SC
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw03 2023 cover
    Learn More
  • Pe03 2023 cover
    Learn More
  • Phc03 2023 cover
    Learn More
  • Es 2022
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2023 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing