Single source equipment model drives wins for general contractors on large projects.
Complex projects, tight budgets and short timelines are pressuring general contractors to find ways to work more efficiently and cut costs without compromising safety. To help GCs rise to these challenges on large construction and infrastructure projects, United Rentals has launched the Consolidated Rental program.
With this program, contractors can rent all the equipment needed for a project from a single, full-service vendor and share it with trade partners on requested schedules. They can track equipment location and utilization across subcontractors through Total Control®, United Rentals’ worksite management platform, and pay a single bill each month.
Total Control and continuous support from United Rentals make adoption of the single source model easy.
Benefits of the Consolidated Rental program
The program helps large contractors reduce spending, improve field operations and achieve superior outcomes across a single project or across the enterprise.
Reduced equipment costs
A single vendor model can help to reduce costs for all parties, including owners. Customers who leverage this program can:
- Minimize equipment redundancy and hoarding. Location mapping and utilization tracking in Total Control give managers visibility and control.
- Identify underutilized equipment. Underutilized equipment can be returned early to reduce costs or allocated to another trade.
- Rent at monthly rates instead of shorter-term rates. These cost savings across the entire project add up.
Increased productivity
Ensuring crews have the equipment they need increases productivity. United Rentals uses craft labor curves and historical data to assist with forecasting. The result: The ideal fleet mix at every phase of a project.
The Consolidated Rental program can also help enable managers to:
- Reduce overutilization. If utilization reports show that forklifts or aerial lifts are in high demand, managers can rent more to help keep schedules on track.
- Boost equipment uptime. United Rentals supplies well-maintained equipment that’s ready to work. For some projects, United Rentals provides onsite technicians for faster response to equipment failures.
- Deal with a single point of contact. A single vendor model drives administration efficiency by reducing phone calls and emails.
- Streamline equipment logistics. United Rentals creates an onsite equipment yard on some projects and supplies an equipment coordinator to handle deliveries and returns.
Safer, compliant operations
The Consolidated Rental Program helps enhance safety in a variety of ways.
- Just-in-time delivery. A single source procurement model enables just-in-time delivery, which reduces the number of vendors, and vendor traffic, onsite.
- Rigorous safety training. United Rentals delivery personnel have completed rigorous safety training and work with a safety-first mindset.
- Well-maintained equipment. Newer, well-maintained and properly inspected equipment performs more reliably than machines trade partners might bring to the site.
Increased sustainability
Partnering with United Rentals can help contractors minimize carbon emissions and fuel consumption on several fronts.
- Energy-efficient equipment options. These include electric and hybrid equipment, solar-powered equipment and battery energy storage systems.
- Resource sharing. Equipment sharing reduces idle time and may lower the total amount of equipment needed for a project.
- Newer equipment with modern features. Properly maintained modern equipment with advanced emissions controls typically uses less fuel and generates fewer carbon emissions.
- Emissions tracking. The estimated emissions tracking feature in Total Control lets contractors make data-based equipment rental decisions that increase sustainability.
Streamlined accounting
The typical equipment procurement model creates thousands of invoices from dozens of trade partners. With the Consolidated Rental Program, contractors can receive a single consolidated monthly statement. This statement includes all transactions and allocates charges to the appropriate partners. Trade partners may receive a monthly bill, depending on the contract.
When United Rentals builds an onsite equipment yard and supplies an equipment coordinator, that person reviews and reconciles each trade partner’s equipment and usage billing with the trade partner’s project manager.
Simplified logistics for trade partners
For trade partners, a single source provider model offers a variety of logistical advantages.
- Managers don’t need to source equipment or manage rental schedules and returns.
- Crews have access to the machines they need when they need them.
- Preventative maintenance and required inspections are taken care of.
United Rentals: A true end-to-end partner
Customers who work with United Rentals get more than an equipment provider.
From the beginning of a project, United Rentals collaborates with general contractors on how best to meet General Conditions and create a jobsite designed for optimal outcomes. Representatives may recommend innovative offerings from the Worksite Performance Solutions portfolio to help connect and automate the jobsite. These solutions are designed to enable equipment access management, remote monitoring and control of environmental conditions, and streamlined tool distribution and supplies distribution. As a one-stop shop, United Rentals can also support coordinated commissioning.
Ready to learn more about the benefits of the Consolidated Rentals program and how it works?