Cranes are rigid equipment that builders and contractors use to hoist heavy items on construction sites. Usually, builders and contractors are conflicted over whether to purchase or rent the equipment. Below is a comparative analysis to help you make this decision.
Buying A Crane
Buying a crane suits contractors and builders who need the equipment for long-term use. For instance, you might need a crawler crane to lift loads in a mine or a floating crane when building a port. You must evaluate your current and future needs before purchasing a crane. For instance, you could buy a larger crane if you plan to lift heavier loads in future.
Other considerations to make include the following.
Renting A Crane
Crane rentals suit people with short-term projects or those who cannot afford new cranes. Besides, it is your best option when you need different cranes at various project stages. For instance, you might need carry deck cranes at the start of your project and a tower crane at the late stages of your project. When renting a crane, you must conduct a thorough assessment to determine the required crane. Typically, you should ask your site engineers to establish the lift and weight limits of the required crane. Moreover, they must look out for challenging site conditions that could compromise the crane's safety. For example, you could opt for crawler cranes if the site has unstable soils that complicate the installation of tower cranes.
As a crane renter, consider due diligence before hiring the crane. For instance, ask for inspection reports to determine the crane's condition. A physical inspection will help you identify leaking fluids, a damaged engine or a bent frame. Inquire about the rental conditions. For example, do you need additional insurance? Does the company deploy riggers and an operator to your site? Are you allowed to use the crane at night? Most companies are willing to negotiate these conditions to gain customer loyalty.
If you want to save money and have your business run efficiently, you need to take care of your heavy construction equipment. You need to know how to service it, how to spot issues, when to hire versus buy equipment and many other issues. Hi, my name is Russel, and welcome to my blog. I have loved heavy equipment since I was a child pushing a toy dump truck up and down my carpet, and although I do not work in that industry, I remain extremely interested in it. This blog is my chance to "play" with heavy equipment. I thank you for reading, and I hope that you learn and enjoy!