Understanding The Basics Of Renting Excavation Equipment

When your construction projects are unpredictable, you may opt to rent some of the large equipment instead of purchasing them. Excavators are one of the most common pieces of construction equipment for rental, and the rental agreement is an important element of that process. Your excavator rental contract defines the responsibilities of each party and clearly sets expectations regarding operator requirements and more. Here are some of the things to look for in your excavator rental agreement. 

Equipment Condition Assessment and Inspection Details

Before you sign a rental agreement for an excavator, make sure you review the details of the equipment's condition in the contract. Make sure that the information about the excavator's condition is accurate, or make any necessary notes about corrections. In addition, you should include an inspection report that details any flaws or problems that you identify. Start the excavator and test the controls as part of the inspection so that you can list any potential problems before taking possession of the equipment. This is important because you could be charged for any additional damage.

Review the Insurance Requirements

Another important section of your excavator rental contract defines who has the responsibility for equipment insurance. Excavators are heavy equipment, which means that they need specific insurance policies. Make sure you understand whether the rental company is providing the insurance coverage or if you need to obtain it. Insurance coverage is not optional because heavy equipment like excavators can cause severe and costly damages.

Clarify the Delivery and Return Expectations

Large equipment requires specific advanced planning for any kind of transportation. Your rental contract should define how the equipment is delivered and returned to the rental company. If you are expected to arrive with a trailer and an escort to get the excavator or you're expected to deliver the excavator back to the rental company at the end of the contract, you need to understand that. The more you know ahead of time, the easier it is for you to plan for your rental and the management of the equipment at the start and end of that agreement.

These are some of the most important elements when you're signing a rental contract for an excavator. Remember that the condition of the excavator is an important part of the rental agreement, as is the insurance coverage. Talk with your heavy equipment rental company about getting the excavator that you need for your project.

Reach out to a service provider to learn more about finding an excavator for rent.