Equitable Hourly or Daily Rate Question

Put some feelers out for the hourly rate is around you.

 

Make sure that 5 year deal has penalties for early release/cancel/break, or you could be stuck with equipment you have no way of paying for if they decide to quit the contract and make you take them to court. You need it in writing. Know of one person burned on being under bid, and stuck with the bill for the equipment etc. If it's in writing and they sign, it gives you more leverage in court, should they try and renege. Good lawyer to write that for you.

 

I think I would want a daily rate or at least a per trailer rate. Not hourly. If they only use you an hr a day that's not paying any bills

 

Wow...
Are you really telling me $140/hr is the going rate? Back when I was doing on-site computer repair 15 years ago I charged $125/hr, and I didn't have the overhead of a truck and trailers with all the fees like commercial insurance.....

 

Dump trucks and local dump gigs pay about 70-90/hr.
So 150ish ain't too bad if you have the equipment on hand.
14hrs is about $2100
Barely any fuel costs

 

Dump trucks were making $70 - 80 per hour. 15 years ago. Fuel prices were slightly lower back then.

I'd hope they'd be making a whole lot more these days.

 

I had a similar job here with a pressure treating plant, bouncing trailers between the plant, storage and local sales yards. I gave them the trailers on monthly rental contracts and billed hours for the power. That worked ok, i owed nothing on the trailers or the auction grade day cab I bought to do it with, and a lot of days I billed 10 truck hours and only used a Texas Mickeys worth of fuel. Your local market would dictate the rates, but it doesn’t pay to get too greedy on something like that. I went a little light on it, but I ended up having that making steady cha-ching noises in the background for 4yrs on next to no costs until they bought a bigger property.