price on rental or purchase of scaffolding

However, scaffolding is expensive as well. Right kind of scaffolding can ensure safety and efficiency. Scaffolding is one of the most important equipment at a construction site. It does not store any personal data.SCAFFOLDING RENTAL COSTS : SHOULD I GO FOR RENT ? The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category 'Performance'. This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category 'Other. The cookies is used to store the user consent for the cookies in the category 'Necessary'. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category 'Functional'. The cookie is used to store the user consent for the cookies in the category 'Analytics'.

These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. With a large investment there is always a risk to the contractors that market conditions would turn sour however, there is always a demand for good quality used equipment globally and the contractor can easily sell his equipment by advertising it on The Formwork Store!

The equipment gives the contractor the capability of actually doing the work and when the long term savings are factored, it should help the contractor to be both more profitable in carrying out work and more competitive in tendering. Storage and maintenance yard, transportation, maintenance staff all add to ongoing running costs which quickly eat into the apparent savings made by choosing to purchase.įormworkOn the other hand, by purchasing suitable good quality equipment the company gains an asset and a resource. Even then, assuming the contractors finances are sufficiently robust, before deciding to purchase the contractor must also consider the hidden cost and the resources needed to maintain the equipment. Formwork and Scaffolding involve major capital expenditure and the high up front cost can have a negative effect on working capital which in turn can be catastrophic. Most industry commentators would suggest that if the equipment is required for 9 months or longer, then it is more economical to purchase than rent, however, this should not be only consideration. There is no absolute correct answer and so the contractor must weigh up the requirements and general circumstances in each case to decide.īuying the equipment usually makes sense if there is a continuous requirement that lasts a substantial period of time. In truth, there is merit in both sides of this debate, and while sometimes purchase is the best option, in other circumstances it can be more advantageous to rent. Other contractors take the view that the rental option offers a more flexible, less risky option than purchasing, which they contend, ties up large amounts of capital and strains cash flow. Some contractors are fundamentally against renting equipment arguing that rent is ‘dead money’, whereas if purchased the equipment not only solves an operational need, but also adds a valuable asset to the company. This question causes much debate and many contractors agonize over whether it is better to buy or to rent.

Price on rental or purchase of scaffolding