About a year ago, I could tell that our home project was a little delayed. Our team of contractors had been struggling to work with some of their providers, so I decided to work with another team altogether. It was really frustrating, but I could tell that it was the right call to make. After we made the transition, the new staff got right to work addressing some of the most serious concerns. I wanted to create a blog all about understanding construction delays so that other people could see how difficult it can be to resolve them on your own. Check it out!
If you own a construction company, you are sure to know that large projects can require a variety of different tools and equipment. Some projects require the use of a crane; in these situations a company may wonder if they should purchase a crane or rent a crane. In most cases, it makes more sense for a construction company to rent a crane if they do not plan on using it on a very regular basis. Some of the benefits of renting a crane instead of buying one for a construction project include:
Reduce Overall Costs
Buying a crane can be a good investment if a company needs to use one on a daily basis for an extended period of time. However, most construction companies only need the use of a crane for a few days or weeks. Cranes can cost tens of thousands of dollars, and many construction companies do not use a crane often enough to see a good return on the investment. The cost to rent a crane is a mere fraction of the cost to purchase one, which can allow a construction company to pad their bottom line and maximize profits on each project.
No Worries About Maintenance and Inspections
Owning a crane involves more than using it for different construction projects. A crane needs to be properly maintained and must pass inspections before it can be used on-site. These things require time and money, and many construction companies do not want to worry about the hassle. When your company rents a crane, you won't have to worry about any of the maintenance or whether or not a crane passes mandated inspections-- the crane rental company will take care of those things.
Qualified Crane Operators
Cranes are very large pieces of construction equipment, so it is absolutely essential to have a qualified crane operator available to operate a crane at a construction site. Most construction equipment rental companies can offer the services of a certified crane operator who has the skills and expertise needed to safely and efficiently. This means that your company does not need to employ a crane operator at an additional expense.
Utilize Specialized Equipment
When you purchase a crane, your construction company is stuck using it even if it is not the ideal model or size for the job. If your company opts to rent a crane, you will have the ability to rent specialized equipment that is the perfect fit for the project your company is working on.