A Look at Earth Moving Equipment Rental Options and Ways to Access Them

Project managers regularly look around for reliable earth moving equipment rental options to meet shortfall in earthmoving capacity. There are different types of earth moving equipment that can be seen across construction sites digging, drilling, pushing and shoving huge piles of earth. Most of the equipment on view are hired by the project management team at construction sites although some equipment are likely to be owned by them.

 

Want to own or hire earth moving equipment?

It doesn't always make commercial sense for construction companies to own such heavy duty equipment although it sometimes depends on the nature and duration of the project. There different types of earth moving machinery such as backhoe loaders, crawler dozers, crawler excavators and many others. Such equipment are not just capital intensive if purchased but also for post-purchase maintenance. Therefore, any purchase decision should be based on well-thought out strategy and requirements.
 

There’s no harm in building up an inventory of expensive heavy duty equipment if you have a number of long duration projects in the pipeline. Depending on how you are able to leverage these assets they will pay out your cost within a specific period. Thereafter, if your machine is still in good shape, which it will be if you maintain it well and manage its usage optimally. That in turn, requires some investment in trained staff to handle the equipment as well as in good servicing backup from the manufacturer. Be alert about cost-saving maintenance offers from the manufacturer or other servicing workshops.

Making good use of earth moving equipment rental services

There are not many businesses in the construction or mining sectors that prefer to own their own inventory of heavy duty equipment especially when they have the option to access earth moving equipment rental services that specialize in management of such equipment since it is their core business function. It is not always easy for SMEs (Small and Medium Enterprises) to own capital intensive machinery although many major enterprises also choose the option for the sheer benefit of convenience they offer.

Businesses are getting leaner these days across all sectors where non-core functions are outsourced to business verticals that  specialize in that segment of the business. For any business to focus on its priorities the core functions would require special attention without any cost escalation or with minor and manageable additional cost. Construction and mining operations would typically want to focus hard on their respective deliverables rather than deal with expensive inventory that are outside their area of expertise. They would be happy to have a specialized equipment owning company to handle this part of their project because it makes better business sense.