Equipment rates for subcontracts can be specified on the Equipment Rates tab.
Select the rate type from the LOV in the Rate Type field. The LOV provides all rate types for rate groups 'Equipment Owned' and 'Equipment Rented'. If you manually enter a new rate type, it will not be added to the pre-defined list of rate types in P.10.39. You can double-click in this field to open the P.10.39 Rate Types screen where equipment rates are defined.
The rate type descriptions are displayed in the Short Desc and Description fields.
In the Mobilize/Demobilize field, you can enter equipment mobilization/demobilization costs.
In the Per Hour, Per Day, Per Week, and Per Month fields, you can enter the equipment ownership costs per hour, day, week, and month.
For equipment rented for a period of less than a month, the usual approach is to utilize an hourly rate developed by dividing the Blue Book monthly equipment rental rate by 176.
In the Other field, you can enter any comment in free format.