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Schedule of average annual equipment ownership expense
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2003-03-06
[PDF-1.29 MB]
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Abstract:The ?Schedule of Average Annual Equipment Ownership Expense? is designed for use on Force Account bills of Contractors performing work for the Illinois Department of Transportation and local government agencies who choose to adopt these rates. This schedule is also to be used in determining appropriate rates utilized by the Illinois Department of Transportation and other state agencies with various local government agencies. Individual pieces of equipment not listed in this schedule and having a replacement value of $1,000 or less shall be considered to be tools or small equipment and no payment will be made for their use on the work. Standard operating costs for routine servicing and repair, service and lube labor, fuel, lubricants, filters, tires, tire service, lube trucks, etc., are all included in the rates in this schedule. No additional compensation for ordinary operating expenses will be allowed. Updated March 6, 2003.
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